The quotes within this article make it clear that no one talking about blockchain at that conference had a clue about how it works or what the real intended uses are. If a group is raising capital with an ICO as if it were an IPO is going to steal their “investors” money. Think of the token as you buying the rights to interact with the data. You are not an investor of the blockchain or the company- your tokens (coins) may increase in value but that has nothing to do with the value of whatever company is running a dapp off the blockchain.
Blockchain=Bitcoin
Bitcoin is greatest store of value ever created. The underlying technology that powers bitcoin does not translate well to other industries.
Wonder how many body shops will accept Bitcoin as claim payment for their repairs.
The quotes within this article make it clear that no one talking about blockchain at that conference had a clue about how it works or what the real intended uses are. If a group is raising capital with an ICO as if it were an IPO is going to steal their “investors” money. Think of the token as you buying the rights to interact with the data. You are not an investor of the blockchain or the company- your tokens (coins) may increase in value but that has nothing to do with the value of whatever company is running a dapp off the blockchain.
Blockchain=Bitcoin
Bitcoin is greatest store of value ever created. The underlying technology that powers bitcoin does not translate well to other industries.