To the Chinese GOVERNMENT and all governments around the world POPCORN1 will lay some
laws for ICO crypto ..
Who ever launches an ICO those people who come up with the ICO produce a white paper a
ROAD MAP..
Now all you have to do by LAW so no one gets scammed is this..
The people holding the ICO only get paid half the money until the road map is complete ..
When they complete the road map only on completion they get the other half ..
Now if they don't complete the ROAD MAP they say their going to do then the other half goes back to the government and goes to HOSPITALS ..
So any country who holds an ICO if they fail to meet the terms of the ROAD MAP then they loose half the money ..
Plus can be done for fraud if road map not complete ..
Now why i say this because i can say i will make a rocket powered pair off boots with no intention of making them because i do not know how too..
So when people doing an ICO you will read the ROAD MAP and then decide if the project they talk about is worth putting your money into and the fact if they do not complete what they said they was going to do the government wins BUT most of all the people win anyways because the
money is going to HOSPITALS..
Plus people will wont make ROAD MAPS they know quite well they cannot do because they will get done for fraud and loose half the money they made..
And plus when doing an ICO if doing a big ICO for big money then a lawyer is needed to make sure your all above board because if your not then you will be sued ..
Thus the more ICO the more jobs for LAWYERS
The more jobs for EVERYONE..
China don't make that mistake by banning ICO just some simple laws needed to protect people..
Just think how much more money will flow in and out your country CHINA..
Goods getting bought all over the shop ..
Money will FLOW ..
And yes China you would be the leader ..
Just think of WEIBO they must of had a white paper a road map..
Well what would of happened if it failed?..
NOTHING
..
Because they done what they set out to do..
The only thing would of been no customers and that is in the lap of the gods if people like what you do..
So the same with ICO if they complete the ROAD MAP then that's all they can do it's up to the public to use it what ever they said they would do in their ICO ..
And just think if they fail You the GOVERNMENT will get the other half for your hospitals for free..
WIN WIN situation ..
The fact it helped the poor anyways ..
Why because if you can afford to buy CRYPTO then you wont be to angry it going back into your public services if the ICO was a scam..
And the best no false promises on ROAD MAPS..
