Underground finance: Why ‘Internet Coin Offerings’ are keeping investors up at night

The main issue for investors here is the relative lack of transparency. New currencies are unregulated and no one knows who is creating which one. This is very different from the traditional investment world where the SEC is involved in everything.

ICOs are rebel territory all right, freeing coders to build the projects they want to build, not only creating a whole new world, but one in which users own their data, stored on the decentralised blockchain.

Source: Underground finance: Why ‘Internet Coin Offerings’ are keeping investors up at night

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