Wall street will turn ETHER?

[MkGregor]

https://upvotesclub.com/the-ethereumization-of-wall-street-is-inevitable-expe-news/

I read this article, thought, I'll share. It sounhds good, but I don't think it will happen that easy, Wall Street perfectly understands the dangers it is facing in the face of cryptocurrency markets.So they will lobby for heavy regulations and even if that happens, it will be on their terms. As a matter of fact, I think that once the cryptos will be "properly regulated" you will have to get "qualified investor" status in order to trade them.
Why?
Because the government needs to protect you!

[1715247295]

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[1715247295]

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[h55]

I think it is not easy to they accept ETH. i have some reason for this. because of recent Session of Senate. you can hear that session on youtube.

[Bitbratt]

https://upvotesclub.com/the-ethereumization-of-wall-street-is-inevitable-expe-news/

I read this article, thought, I'll share. It sounhds good, but I don't think it will happen that easy, Wall Street perfectly understands the dangers it is facing in the face of cryptocurrency markets.So they will lobby for heavy regulations and even if that happens, it will be on their terms. As a matter of fact, I think that once the cryptos will be "properly regulated" you will have to get "qualified investor" status in order to trade them.
Why?
Because the government needs to protect you!

And how to be a qualified investor? What will be the qualifications to be a qualified investor? Does the government really want to protect investors or they do the tightening because they are envious and they are nit benefitting from it and somehow they want a share from people’s earnings from cryptocurrencies?  

[cryptorTUX]

https://upvotesclub.com/the-ethereumization-of-wall-street-is-inevitable-expe-news/

I read this article, thought, I'll share. It sounhds good, but I don't think it will happen that easy, Wall Street perfectly understands the dangers it is facing in the face of cryptocurrency markets.So they will lobby for heavy regulations and even if that happens, it will be on their terms. As a matter of fact, I think that once the cryptos will be "properly regulated" you will have to get "qualified investor" status in order to trade them.
Why?
Because the government needs to protect you!

And how to be a qualified investor? What will be the qualifications to be a qualified investor? Does the government really want to protect investors or they do the tightening because they are envious and they are nit benefitting from it and somehow they want a share from people’s earnings from cryptocurrencies?  

They will be more than happy to grab profits from exchanges and to tax return hem, this is their only job. It's hard to protect investors, imagine a scenario where stock market dumps many lose money and it's hard to protect everyone.

Another thing is that they are aware of many pumps and dumps happening within crypto markets which is why it might take still sometime before crypto reaches th Wallstreet.

[COINISM0001]

https://upvotesclub.com/the-ethereumization-of-wall-street-is-inevitable-expe-news/

I read this article, thought, I'll share. It sounhds good, but I don't think it will happen that easy, Wall Street perfectly understands the dangers it is facing in the face of cryptocurrency markets.So they will lobby for heavy regulations and even if that happens, it will be on their terms. As a matter of fact, I think that once the cryptos will be "properly regulated" you will have to get "qualified investor" status in order to trade them.
Why?
Because the government needs to protect you!

Its highly likely to happen. ETH has demonstrated that it is the next big thing after BTC. Its still has highest No of ICOs and has great 2017. I see this happening and then it should fly off to $2000 plus in no time....

[MkGregor]

https://upvotesclub.com/the-ethereumization-of-wall-street-is-inevitable-expe-news/

I read this article, thought, I'll share. It sounhds good, but I don't think it will happen that easy, Wall Street perfectly understands the dangers it is facing in the face of cryptocurrency markets.So they will lobby for heavy regulations and even if that happens, it will be on their terms. As a matter of fact, I think that once the cryptos will be "properly regulated" you will have to get "qualified investor" status in order to trade them.
Why?
Because the government needs to protect you!

Its highly likely to happen. ETH has demonstrated that it is the next big thing after BTC. Its still has highest No of ICOs and has great 2017. I see this happening and then it should fly off to $2000 plus in no time....

Totally agree with you. I believe that ETH, in essence, is bigger, than BTC. However, do not underestimate the anger and fear of bankers. They are the old elite. And they will protect their profits by all costs.

[Walrus1]

I am amazed at eth and appreciate enough to own a number of them. It's a bit down right now but it holds well in the down turns. I hear a lot of rumors of it being adopted by business. I like the active team behind it. Eth does have some risks but it's a solid project

[alyssa85]

https://upvotesclub.com/the-ethereumization-of-wall-street-is-inevitable-expe-news/

I read this article, thought, I'll share. It sounhds good, but I don't think it will happen that easy, Wall Street perfectly understands the dangers it is facing in the face of cryptocurrency markets.So they will lobby for heavy regulations and even if that happens, it will be on their terms. As a matter of fact, I think that once the cryptos will be "properly regulated" you will have to get "qualified investor" status in order to trade them.
Why?
Because the government needs to protect you!

It's a good article and pretty accurate. Ether is more of a danger to Wall Street than Bitcoin.

Most of wall street doesn't do payment processing (that's done by two monopolies, VISA and Mastercard). Wall street raises money for new ventures via Initial Public Offerings, which net Wall Street huge fees.

But why bother with an IPO, when you can do a cheap and cheerful ICO on the Ethereum network and raise the same amount of money, without the Wall Street fees?

[MkGregor]

https://upvotesclub.com/the-ethereumization-of-wall-street-is-inevitable-expe-news/

I read this article, thought, I'll share. It sounhds good, but I don't think it will happen that easy, Wall Street perfectly understands the dangers it is facing in the face of cryptocurrency markets.So they will lobby for heavy regulations and even if that happens, it will be on their terms. As a matter of fact, I think that once the cryptos will be "properly regulated" you will have to get "qualified investor" status in order to trade them.
Why?
Because the government needs to protect you!

It's a good article and pretty accurate. Ether is more of a danger to Wall Street than Bitcoin.

Most of wall street doesn't do payment processing (that's done by two monopolies, VISA and Mastercard). Wall street raises money for new ventures via Initial Public Offerings, which net Wall Street huge fees.

But why bother with an IPO, when you can do a cheap and cheerful ICO on the Ethereum network and raise the same amount of money, without the Wall Street fees?

That's the thing. Imagine, if they start doing that, how many people will lose their jobs? Half of Wall Street? They won't accept it, they'll call it a scam till the very last minute, I think. In the mean time, they will prepare their own answer - on the blockchain. But it will be their blockchain, on their terms.

[wagi]

I think it is not easy to they accept ETH. i have some reason for this. because of recent Session of Senate. you can hear that session on youtube.

What is your some reasons? Can you tell us for detail? I hope so
In my opinion, etherium is good to use as payment too because its quicker than bitcoin. I know compare with other altcoin which has quicker transaction like dash maybe, etherium is slower but at least compare with bitcoin its still quicker.
The only problem is the gas price now. Etherium traffic is high now so it could need high gas price to send transaction.

[btcone111]

Well anything is possible in the crypto world. ETH was indeed quite strong in the last 3 months.

[Bolt Brownie]

I actually read a similar version on cointelegraph and I guess it could work. I don't really see why not. Just look at ICOs, they are complete madness right now, so if companies start building IBOs (Initial Bond Offering) you will be able to cut down the middle man (investment banks), and go directly to the investors. Companies will not just get access to a larger number of investors, but will also save a ton of money in fees etc.

This might be the next big thing for ethereum, or other coins that enable smart contracts. Cryto can be everywhere in the finance world, and it's here to stay.

[Thadeous]

That's an interesting point to use Ethereum smart contracts for IBO (Initial Bond Offering). This Bonds market looks huge, about $3.5 trillions worldwide. As it's mentioned in the article standardized smart bond contracts can become available soon, which will simply moon Ethereum CAP.
Great news, what else can I say.

[MkGregor]

I actually read a similar version on cointelegraph and I guess it could work. I don't really see why not. Just look at ICOs, they are complete madness right now, so if companies start building IBOs (Initial Bond Offering) you will be able to cut down the middle man (investment banks), and go directly to the investors. Companies will not just get access to a larger number of investors, but will also save a ton of money in fees etc.

This might be the next big thing for ethereum, or other coins that enable smart contracts. Cryto can be everywhere in the finance world, and it's here to stay.

But than IPO will be dead, and that's going to hurt A LOT of people in the finance world

[mammothine]

Ethereum locking down the shadiness of Wall Street? Maybe. In an ideal world, but I doubt it's embraced anytime soon.

[pinkflower]

If  Wall Street knew how insecure Ethereum is and how its easy to make mistakes running smart contracts in it, they will drop it like dog shit. Remember the DAO or the Parity "bug"? Yeah, the developers assured everyone they were safe. One was hacked forcing Vitalik Buterin to change the transactions and the other one was incompetency.

[MkGregor]

If  Wall Street knew how insecure Ethereum is and how its easy to make mistakes running smart contracts in it, they will drop it like dog shit. Remember the DAO or the Parity "bug"? Yeah, the developers assured everyone they were safe. One was hacked forcing Vitalik Buterin to change the transactions and the other one was incompetency.

Things will improve, I believe. With the cash injection into eth, and a determination of the team behind Ethereum, I believe, the security issues will be sorted. Besides, literally more than a half of the cryptomarket runs on Ethereum - it's not that bad.

[GothicTauren48]

If  Wall Street knew how insecure Ethereum is and how its easy to make mistakes running smart contracts in it, they will drop it like dog shit. Remember the DAO or the Parity "bug"? Yeah, the developers assured everyone they were safe. One was hacked forcing Vitalik Buterin to change the transactions and the other one was incompetency.

Things will improve, I believe. With the cash injection into eth, and a determination of the team behind Ethereum, I believe, the security issues will be sorted. Besides, literally more than a half of the cryptomarket runs on Ethereum - it's not that bad.

Is it really for security purposes, or they just want to get a cut from it? If security issues for sure Devs can handle that easily, but the government is making on its way to somehow take part of the cryptocurrency, IMO.

[penig]

https://upvotesclub.com/the-ethereumization-of-wall-street-is-inevitable-expe-news/

I read this article, thought, I'll share. It sounhds good, but I don't think it will happen that easy, Wall Street perfectly understands the dangers it is facing in the face of cryptocurrency markets.So they will lobby for heavy regulations and even if that happens, it will be on their terms. As a matter of fact, I think that once the cryptos will be "properly regulated" you will have to get "qualified investor" status in order to trade them.
Why?
Because the government needs to protect you!

It's a good article and pretty accurate. Ether is more of a danger to Wall Street than Bitcoin.

Most of wall street doesn't do payment processing (that's done by two monopolies, VISA and Mastercard). Wall street raises money for new ventures via Initial Public Offerings, which net Wall Street huge fees.

But why bother with an IPO, when you can do a cheap and cheerful ICO on the Ethereum network and raise the same amount of money, without the Wall Street fees?

Because IPO's raise 10x or 100x more money?  And IPOs are for shares which give you equity - ownership - in business?  Unless the structure of ICO changes pretty fundamentally they are not going to be of serious interest to Wall Street.

What is the main function of investment banks?  Its putting the deal together, securing the funding from other banks and investors to pool together the bulk of the issue, along with underwriting.  This would still be needed in a system that run on Ethereum or other smart contract.  Smart contracts can automate issuance and increase access to funds for low capitalisation projects, but they wont replace those old networks of investors and lawyers.

And to the OP point, the regulations already exist!  That's why US (and some other) citizens are excluded from just about every ICO, as they are from many IPOs.  People have tried and succeeded to launch their dodgy fund raising before, some have failed, some have scammed, and rules and regulations exist.  Cryptocurrency isn't doing anything new, only changes how some things are done.

[Herbert2020]

ethereum advertising team has started releasing these articles once again because their coin lost more than 70% of its value and now they are desperate to get it back and pump it once more.

upvotesclub.com/the-ethereumization-of-wall-street-is-inevitable-expe-news/

unfortunately for WS the big players (banks) are already in ethereum. they have nothing to say if they try to enter it now.

As a matter of fact, I think that once the cryptos will be "properly regulated" you will have to get "qualified investor" status in order to trade them.
Why?
Because the government needs to protect you!

the government can do whatever the fuck they want, bitcoin and the other decentralized currencies (excluding ETH because it is already centralized) will remain decentralized and will be traded in a decentralized manner if they push too hard with unrealistic and unfair regulations.