Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
“Maybe your cryptocurrency is different. But look: you’re in really poor company. When you’re the only honest person in the room, maybe you should be in a different room.”
Pavel Durov’s ICO plan went badly enough that Telegram Messenger itself might be affected.
And Investopedia are spammers, and you should remove any links to their site.
The Durovs cry themselves to sleep on a not-as-big-as-hoped bed made of rather less money than they’d anticipated.
Markets are completely screwed, nobody knows what anything is worth, and the hard problem is keeping everyone in basic food and shelter. Nobody cares about your novelty crypto collectibles.
Call all you want, but there’s no one home. And you’re not gonna reach my telephone.
When you’re a serial foulup — with other people’s money, not just your own — running a conference is ill-advised.
The Howey test is so vague, and cryptos are so new! Who could know anything, really? See you in court.
Telegram’s whole scheme was to skin precisely the retail buyers who securities registration is meant to protect from being ripped off.
BITCOIN IS IMMUNE TO GOVERNMENT CONFISCATION! Except if you’re in real life.