This was one of the top articles I've read this year... the implications that this suggest is profound.
These ico's are being created easily with the etherium,s ERC - 20 tokens, and it really points to the innovation that is going to be added on top of Bitcoin in the coming months.
These ico's are offering free financing models for businesses and startups and the tokens are creating instant evangelist... but in social media this will be leveraged by influencers... people to whom the Community Trust.
#Bitcoin is creating the most hostile environment of speculation what people do not suspect is that this will drive the evolution of blockchain Technology at an extraordinary pace.
The author of this article wants to say that This pace of innovation is creating a perverse mindset... I definitely do not agree because even the experts are not able to keep up with the pace of #innovation there will be no place for expert opinion, I believe there's going to be the rise of the #generalist perspective. Traditional Finance has set a cautious pace with #blockchain technology and this is exactly why they will miss the boat. Even the experts in Bitcoin complain about not being able to predict what comes next or keep up with all that's going on. A very perverse speculative reality is UPS eating cautious traditional infest investment before they realize they can never catch up with this pace of innovation.
Bitcoin is going to change everything and indeed it's going to be financed in a way that does not create debt.... finally debt free financing may liberate like no other the free market forces that have been held in place by corporate monopolies.
Just the idea that companies will "exist" before they start providing any good or service represents a paradigm shift... that can have huge implications for these bloated government supported corporate monopolies.
Each person having Financial sovereignty is equally disruptive of the status quo and of the plutocratic control that has managed to drag Humanity out acrossed two millenia using debt alone.
A dragon is waking up and the three billion raised in 2017 for ICO's will pale in comparison to the hundred billion or trillions which will confront every corporate Monopoly today.
And it's very easy to understand why this wave of disruption is going to be not only unprecedented in scale but transformative in a time where we need real change because the early Bitcoin investors were smart disruptors themselves. At $100 billion Bitcoin is now considered an official asset class, and it may be the perfect moment for traditional investment to take a leap of faith because the Bitcoin boat is already pulling away.
