Will other countries take advantage of China's ban on ICOs?

[dad4]

I feel they should, sooner all later all these other countries are going to come back and embrace the concept.
What is needed is a way of moderating and filtering the ico market.

quite the opposite.
since so far in the past years and after thousands of ICOs, we still have not even seen one single proper one that does anything real or meaningful then i can say they all should be banned all around the world.

What you are saying is that there's no need for a common decentralized currency that connects the world. Probably the president of your country and other men in your nation dont have the privilege to wake up everyday and inflate the economy, printing the fiat money at there will, scraping the use of smaller notes/coins, adopting the higher ones. Or banks in your country dont charge you for every move you make on the money you have trusted in there care, taking outrageous time which is simply luxury to complete transactions.
Or you don't think, with proper sensitization, if election is carried out on votem blockchain it won't be successful, free & fair.

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[hassan.ahmad03]

Well definitely ICO being banned in China other countries will enjoy the advantage as more investors from outside China would become more interested in it. But lets see how things would turn around seems so other countries will take advantage of it for sure.

[sinkfish]

Well definitely ICO being banned in China other countries will enjoy the advantage as more investors from outside China would become more interested in it. But lets see how things would turn around seems so other countries will take advantage of it for sure.

Especially Chinese stay in overseas. remember Chinese government basically owns everything of you. many realize this and try to channel out their assets and money out of country through many way, crypto and ICO is one of it.

[BrewMaster]

Well definitely ICO being banned in China other countries will enjoy the advantage as more investors from outside China would become more interested in it. But lets see how things would turn around seems so other countries will take advantage of it for sure.

Especially Chinese stay in overseas. remember Chinese government basically owns everything of you. many realize this and try to channel out their assets and money out of country through many way, crypto and ICO is one of it.

no idiot in the world uses an ICO to move their money around. that is just too risky and the risk is not just about the price of it getting dumped. that dump is obvious. the bigger risk is the bugs that ICOs can have which can lead to loss of funds. in other words you can lose all you own in a blinking of an eye to a bug!

[AutoBlockX]

I don't think so. China's ban on ICOs has nothing to do with the rest of the world because people are already exploring these options outside the country. Hundreds and thousands of ICOs are introduced every day and people are investing right, left, and center.