In short, more evidence that regulators will view the sale of tokens to “investors” as implicating US securities law. This isn’t rocket science folks. Don’t sell tokens to investors for fundraising purposes.
Five new actions brought by MA against “ICOs” — all settled via consent orders under MA state securities law (similar to federal law). These orders focused on “bonuses" provided to “investors” and, naturally, focused on marketing materials and the targeted audience of the sale.
This is a VERY interesting and important examination of what #GDPR privacy regulation means for #blockchain. A must read for all developers and analysts!
https://t.co/4Ix022kcdM
This, boys and girls, is why you don't see successful deflationary currencies unless there are absolutely no other payment options. https://t.co/DPv1IivPIg
@AmirPolyteknik The problem lies in #HODL and #BTFD only mentality, Bitcoin today is being marketed as a store of value and nothing else. #LightningNetwork is a great development but why would anyone buy coffee with his #bitcoin if it's going to be worth double in 4 months?
When I learned that most cryptocurrency investors are men I thought - no shit, it's a bro-culture thing. But, it also turns out the women are better at spotting and avoiding financial bubbles.
h/t: @izakaminska
https://t.co/tQPzHKT6TX
in the white paper, satoshi never says "blockchain" he calls it a merkle tree and moves on
the merkle tree was invented in 1979
Blockchain Technology is 40 years old, if its going to change the world it's really taking its time
#Blockchain peeps, particularly in Europe - follow this space, a very good research overview of the effects of #GDPR on blockchain is coming out soon!
https://t.co/i71q1U8ptj
@erjeetjeh That's exactly the same thing I was thinking about. Critics of what @Bitfinexed exposes have always reiterated that "Hey, this makes no sense, it's a hundreds of billions market, you can't move it with JUST $2B of fake tethers!!". LMAO.
So let me get this straight: people in crypto now believe that selling 40k bitcoins (400m USD at current price) in increments crashed the market (bitcoin 20 to 6k USD price), but the 2.2b Tethers, in 100m increments, wouldn't be able to significantly pump the market?
Ok then.
@EricTibor @Bitfinexed@knuck13head@AriDavidPaul If faking it til you make it means committing fraud, it’s illegal.
Ask Martin Shkreli, who is now facing decades in prison, even though his investors were made whole.
https://t.co/IXcz4gMB6o
Finns det alls någon substans bakom blockkedjehajpen? Enligt forskaren @jmkorhonen handlar hajpen till stor del om ideologi. Här är en förkortad version av artikeln som jag skrev för Affärsmagasinet Forum.
https://t.co/Xdb5WszhH0
@CryptoMedicated Even if Tether was 100% backed and fully transparent, it should still be a problem for the US govt. The only purpose for Tether's existence is for investors and exchanges to get around US laws and regulations. That, in and of itself, should be enough to shut it down.
Blockchain technology is on a collision course with EU privacy law https://t.co/vQGXgGaTiO
The #GDPR says it must be possible to amend/delete personal data. That's effectively impossible if the data is stored on a blockchain.
This is precisely what we've been warning people about for some months now.
#Blockchain is incompatible with privacy regulation. https://t.co/2iEdj8zBfU
Viisi asiaa, mitä kryptovaluuttoihin kuten bitcoiniin sijoittavien kannattaa tietää.
Alaikäisten huoltajat, lukekaa erityisesti kohta 3 jos alaikäinen kyselee kryptovaluutan perään tai koneelta löytyy Tor Browser!
#bitcoin#kryptovaluutat
https://t.co/370ISqsLAo