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RE: ICO mania: unless you are getting an awesome deal, you are being a dumb ass buying into ICOs

in #cryptocurrency7 years ago

I clicked because of the amazing pic! Seriously though, people are delusional when it comes to this shit.

Normally startup investment is pitched to people who know what they are doing, with icos there are Facebook adds to invest...

People are also making a big mistake thinking blockchain is the solution for everything, it's not. In fact, in most cases blockchain is useless as its not needed and usually is less efficient then normal solutions.

Blockchain is amazing for money because security is more important than efficiency. Every product does not need a decentralized ledger...

My two cents.

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