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RE: Cryptocurrency Bull Stretch Incoming
I'm cautious about utility tokens simply due to regulations from governments around the world always targeting them first via ICOs. ICOs are first to be regulated as securities and it is not a huge stretch for regulatory agencies around the world to start claiming ERC20 tokens are securities as well. That is one of the main concerns I have with Ethereum as well: It is much more likely to see government intervention than Bitcoin is. However, the fact that these tokens provide stake in a business equates them more to equities, which I've always liked as they produce more easily measured value. In the long-term, main concern for utility tokens remains regulation in my opinion.
Best,
CI
thanks for your reply. i suppose you live in the US? i think thats true, because in the states the government is already up to date with crypto and ICOs. In germany its all a bit slower...i'm wondering when they will wake up and see the potencial of crypto and the threat to their power, haha. I think something big has to happen before the germans start to understand the scale of it...it's always like that i guess,, altho we are not known for being slow with technology in general, at least not engineering and cars xD