I saw a posting in the morning that the ICO written by 
ICO in the second quarter of 2017 exceeded $ 3 billion, which is larger than the US securities market. I could not even imagine. Is it a point that ICO overtakes IPO?
If the statistics of
Stocks have been accompanied by the development of capitalism. The concept of stock has been created since the Hanseatic Alliance and has been at the heart of the capitalist economic system for hundreds of years. It is not an exaggeration to say that capitalism is made up of banks and stocks. However, ICOs that issue tokens instead of IPOs that issue stocks have grown in size.
Dollars (JPMorgan) discovers encryption money in the past, and ICO is a story of crisis over the size of IPO. Dollar Violin also spelled Dimon a bit of a spell, Demon, to see a wit that called demon a demon.
This is a movement that nobody cares about, but it has tremendous implications. It is a tremendous opportunity for those who are interested in encryption currency. But those who fail to perceive these changes will have to leave their fate to the change that is coming. Of course, even if you are interested in encrypted money, you will not be able to make the change for yourself. There will be unexpected changes in the future.
No matter how interesting you are, it is difficult to accurately predict future changes. However, many of the ICOs currently underway will be closed, and very few of them will survive. I have already mentioned this several times.
The problem is that the change I imagined is no longer imaginary, but reality. The problem is that we have to look at what this reality means.
Is it simply passing from stock to token? So what are some of the financial institutions that have traditionally been trading in stock trading? It is not a big deal if the way in which a company raises funds is just a change from a stock to a token. Anyway, tokens need to be traded, so the exchange needs to replace the stock exchange. In the case of the US, the SEC has long been in regulation because the token is the same as the stock.
COSMOS received the investment in the name of donation, not investment. As we already know, US financial institutions have begun to adapt to change.
It is only showing that China has stopped ICO and regulated the cryptographic trade in order to adapt to the reality. In that sense, our government is not much different.
Recently, it is not a problem if the movement of the encrypted currency is understood simply by changing the financial system and the system.
But what if it were a capitalist economy and a paradigm shift that sustained it? Capitalism has grown through the development of commerce and industry. But there is a whole different kind of industry. The decentralized block chain forms a totally different paradigm from the existing centralized IT industry.
The electronic basis of IT may be similar, but the way it operates is quite different. If the economy progresses in such a way that the characteristics of the decentralized block chain are best implemented, then an economic structure that we think is ideal may be created. But if intense capital, as it has been, has dominated the block chain, then human life in the future may be much more difficult than it is now.
The wealth will be much more concentrated and the poor will be more likely to become poorer. In many cases, the life of a normal person is described as a very difficult one.
The change in technology that we are seeing now may act to accelerate the process. If the giant capital takes over the block chain.
I do not know how much time it will take to decide the direction of change in the future. It is an opportunity and a challenge to be able to detect and respond to changes at the beginning of change. If I respond properly, my family can make a living environment that is not difficult. However, if it does not, it is a bad mood.
Do you have a good chance?
Do not hurry.
In any case, the most effective, effective and best strategy is patience.