5min chapter

The Blockchain Socialist cover image

Venture capitalists steal from the future with David Z Morris

The Blockchain Socialist

CHAPTER

The Real Anarchist Thesis for ICO Markets

Financial regulation is kind of fake, he says. People who have the right evaluation of their own risk are experimenting and are you know investing better than people who are participating in public markets with guardrails that make it look like it's legitimate. ICOs were unregulated illegal securities offerings let's just say it but they've had amazing returns since then because they were issued by real teams who were honest.

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