Capt-RogerOver
Joined 11 years ago
Joined 11 years ago
> 1) Surely we can come up with a less wasteful solution to this
You are welcome to try. If you do come up with a less waisful solution you will be able to create your own altcoin and will make billions worth of dollars on it. Some very smart people have tried in the past and are still trying.
More interestingly, there seems to be no real answer for the question you have asked. What is the real value, if the courts and legalities are what people need in this situations, and those things are already in place? Sometimes it really seems like the enthusiasm of most honest people coming into ICOs is fueled by the fact that they don't understand this. They don't comprehend what stocks are really about: making sure that the state can aid in contract enforcing.
Think otherwise? Please prove me wrong. There just don't seem to be any real industrial value in ICOs, we already have stock technology.