Wall Street Journal Reveals 513 Deceptive ICOs Without Unique Whitepapers
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Wall Street Journal Reveals 513 Deceptive ICOs Without Unique Whitepapers
The Wall Street Journal (WSJ), an international daily newspaper on December 26 2018, released a report which shows that out of 3,291 initial coin offerings (ICOs), 513 of them are very risky or outright scam projects, as a number of red flags were seen in their whitepapers, including duplicate content, non-existent team members, unattainable objectives, or inaccessible web pages. Over…. The post by Ogwu Osaemezu Emmanuel appeared first on , bitcoin, Blockchain & Cryptocurrency News
You’re standing on the prow of an ocean liner cutting through the icy waters of the North Atlantic. A huge iceberg looms dead ahead. You’ve seen it for some time, but now it’s too close, and the liner too big and fast, to avoid the collision. You quietly make your way to the lifeboats, knowing they’re the only chance for saving yourself and your loved ones. Below decks, an orchestra plays a waltz and oblivious revelers dance.
Most people don’t foresee the world’s inevitable collision with the iceberg of unsustainable fantasy. When it happens, they’ll respond predictably, with panic and cowardice. Those who’ve seen it coming and moved to the lifeboats will experience their own roiling emotions, attenuated by recognition of the logic behind the disaster. While the forewarned have dreaded impact, many will also welcome it, in the way one welcomes an unpleasant medical procedure: let’s get it over with. The motive is not malice, but conviction born of experience that actions have consequences and there’s no escaping them. After seemingly inexplicable and interminable delay, consequences shall arrive, amplified by the tawdry stratagems that promoted delay.
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