Ratings agencies theoretically have a reputation to protect and if they do a bad job, people stop paying attention to them - like what happened after the 2008 debacle. It worked well for years and years before that, so the conclusion might be that they were all caught off guard once after a very long time having done a good job. In any event, the long and the short of what I want to say is that they have a vested interest in being right, and if Weiss Cryptocurrency Ratings wants to be successful, it'd be a good idea for them to give investors good and accurate ratings.

If they do their job right, I think it'll be one of the best things to ever happened to crypto. In fact, I'll even go so far as to say "it's about time"!