I agree with you that the SEC is there to protect the public.
You are incorrectly saying that ICOs are a Ponzi scheme. When they are in fact too new to be labeled as anything. If they were in fact all Ponzi Schemes then people would already be in jail.
Secondly the SEC is there to balance both sides of the equation. Companies interests and the public dumping money into scams.
Look the ICO space is way too young for all the judgment people are passing on here. The SEC clearly wants to let this play out. No one has gone to jail yet.
The government has already started to relax the ability for non accredited investors to invest in startups and that was under the last administration. These rules are recent but they are there, they are very limited though and ICOs blow the top off of those rules.
ICOs are forcing the SECs hand and I think it show cases the interest that exist in the public to get into these early stage startups. I won't be surprised if the rules are relaxed even further to legalize these types of coins even if they are considered securities, especially under this administration.
Everyone is saying that you are limiting yourself by offering an ICO. You are giving away zero equity for the promise that your product and service will offer these people something in most cases, that is just like a kickstarter. Furthermore, nothing stops you from raising money after the ICO.
Anyway, this is a fantastic new vehicle for startups and I believe it will absolutely change the game. The VCs are a little mad because they are being shut out of the best rounds, where they would normally get the most equity.
At the end of the day what matters most is if startups can start get funding and hire people and add value to the economy. That is what the SEC has to balance with the public interest on the other end.
The thing is that Google has absolutely gone down questionable path from their early days.
It is a little unfair to think this problem exists only within Google. Time and time again we are reminded why corporations will evolve to become as greedy and as protective of their turf expansive of their power and monopolistic as they can get, even if good people are running them. It is the system itself that does this, corporations evolve to survive and to thrive. That in of itself isn't a bad thing but you need checks and balances. Things like the Supreme Court saying that Corporations are people or all the money pouring into our political process those are things that have to change.
Even the best of them will eventually become the worst of them. Google is now evil for sure, no doubt about that, but there have been and there will be many others.
A lot of people are calling these things Scams. People arent wrong and to a certain degree they do attract the "quick buck" type to them. Keep in mind though that these are also very useful for companies to get the Digitial Currency and block chain into the hands of the masses without some of this money, which large parts of that may be burned, will yield some killer apps.
The people doing an ICO do it to raise a bunch of money, much like a kick starter campaign. The people buying an ICO buy it for a quick buck and a lot of times they end up selling these coins from the ICO for 10x, see BATs.
The allure for people starting a company is that you can raise millions and give 0% of your company away. Some people will scam, it's true maybe a lot will, but some will undoubtedly start something big and will want to do more than just scam.
Tesla ain't going nowhere. A lot of people are missing the point as to why the stock is so high.
It's so high because it's the future, not because of current sales. If it's the future then the argument needs to be a little different if your hoping to convince people to dump it.
Everyone working on JavaScript right now lives in a bubble. Take a look at how back end languages have evolved and that's your future, you can try to deny it but your going to go the way C did and Java did. You can cite openness and the web and all these other things that make some kind of sense but history is against you.
In reality those arguments don't hold water. In reality our field is 30 years+ old and there is some maturity in the way things are done. All this crazy shit of rewrite everything all the time will just eventually tire people out and people will cut this redo an entire framework just because out.
JavaScript is one of the most important languages around right now and pretty soon the adults are going to be taking it away from the kids. Just as an FYI, this is another example of that. Too many important decisions are happening without much thought about what's there already.
I don't know maybe I'm wrong and maybe this time will be different but I've been around long enough. I learned the ins and outs of angular only to be told "fuck that" shortly after. It all seems very wrong too me but maybe you can tell me otherwise?
This story is fascinating for tech people everywhere and we should all pay attention.
We all have big dreams of starting our own company some day (I know do) and many of us work for big corporations that would rather we never go anywhere and work for as little as possible. (admittedly the markets are forcing them to pay us a lot but they aren't doing it out of good will).
The outcome of this will teach us all very valuable lessons. I can't be the only one who is a little paranoid that if I start my own shit I'll be sued or that I may even be sued for some of the side projects I'm working on even though I've never taken any code or resources from my company.
The article gives me anxiety. It gives me anxiety that people can be held at our borders for hours and sometimes days (in my country non the less). All because some junior border officer did not understand the visa type well enough. How can they not even apologize? How can they not even acknowledge these types of errors.
Will they do this to us when we travel abroad on a tourist visa?
There is absolutely no doubt in my mind that any country in the NATO umbrella being hit would lead to the United States retaliating decisively.
President trump would be advised by the generals he knows more than that he has to go in front of the American people and let them know why he has to take the actions he is taking. Sending US troops into Europe.
Believe me, there is zero doubt, if NATO is hit its game over. Why does Putin cry about NATO so much?
This is somewhat overblown, there was a lot of talk about this as it became clear Trump was about to be elected.
Yes Trump is stirring the pot a bit maybe to play Russia against China. Maybe it's to get Europe to spend a little more on NATO so the US doesn't fund the vast majority of that alliance and he can cut some spending there. Whatever the mind set is, not much has changed.
The US and all of its allies are still allies.
Does anyone really think that if some "real" US interests are messed with that the United States won't fuck somebody up? I mean it's just a few years ago we went to war, why all of a sudden are we weak?
Edit: just to clarify "real" interests e.g. a NATO ally is hit, Israel is hit, Japan is hit, South Korea is hit... any US base or military vehicles, etc...
F# is a beautiful language. You always want to use the right tool for the job but honestly F# is so right for so many jobs.
I know a lot of people don't want to hear this but these types of languages, functional first, are the future of our industry. (In the sense that in the 2000s Java like laguanges were the future of our industry). I might be reaching here, but in my opinion, these are the right languages for the Cloud and that's why they are getting so popular.
What was starting to worry me is that many of the top CEOs were all kissing Trumps ass as to who can bring back more jobs. They were stumbling over themselves, "we are bringing 10000 jobs in the next 2 years".
There needs to be a lot of vocal people against this, immigrants are one the weakest groups in society. Trump just deomstrated and confirmed this.
What I don't get, and maybe someone can explain it, why isn't this un-constitutional? It feels like banning people, people who are perfectly legal not citizens but still legal, based on their religion is against the constitution. Am I missing something? Wasn't this country started by people looking to escape religious persecution?
Green card holders (legal permanent residents of the United States) are being turned back from the US as soon as they get to the airport. They are being forced to file waivers which can be denied.
How can legal permanent residents be denied entry? I mean this has to be breaking So many laws, how can this be ok?
Someone here needs to explain it to me because I just don't understand.
We have the largest computer company in the world, a shit load of people work there, supposedly smart people. Yet they can't put together a refresh of many of their desktop machines. Why the fuck not? What do all those people getting paid all that money do all day? I can only imagine the conversations, "it takes years it has to be super innovative". No it fucking doesn't not on the PC, just put the latest processors and tech in it. You don't have to innovate every fucking time, not on the desktop PC. We see this all the time with Apple devices and I can't understand it.
I mean I don't understand what do they do all day every day for 800 days that they can't refresh this simple Machine. Maybe I'm being nieve here or I'm missing something.
The whole time while I'm reading this, and it's a good piece, I can't help but think if I'm reading some fake news?
Is this for real? I for one hate this whole I'll give you all my private info for a chance to use your free services and tools. I don't know how others feel.
What I don't get is, it is obviously against everything we stand for and for sure not in line with our constitution to discriminate based on religion. After all, religious freedom was one of the reasons they founded our country.
Given all of that I don't understand why we can't sue? Take this to the Supreme Court? They didn't use any religion in the executive action but it is so clearly targeted at one individual religion that it could easily be struck down...
Xiaomi strikes me as one of the very few Chinese gadget companies I would buy from. Their phones always look polished and their specs are always fantastic for the dollar spent.
I have no idea about their quality but some day I will take the plunge and buy.
You are incorrectly saying that ICOs are a Ponzi scheme. When they are in fact too new to be labeled as anything. If they were in fact all Ponzi Schemes then people would already be in jail.
Secondly the SEC is there to balance both sides of the equation. Companies interests and the public dumping money into scams.