Hacker News new | past | comments | ask | show | jobs | submit login

Except that soon, the proliferation of cryptocurrencies will reduce the value of such ICOs.



Agreed; I'm yet to see any serious discussion of how fragmentation to various coins isn't going to cause headaches.

It's like if we were to print different banknotes for different services; suddenly we have blue Advertising Dollars, red Server Time dollars, yellow Financial Transaction dollars, and none can be used for anything else.

To me this looks like an arbitrary level of complication, the only true winner from which is whoever runs the exchanges.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: