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Author Topic: Are they really decentralized?  (Read 206 times)
vycl87 (OP)
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November 17, 2018, 10:19:41 AM
Last edit: November 17, 2018, 10:30:15 AM by vycl87
 #1

We all know that more than one country imposes an ICO ban. Because of these prohibitions, direct participation of people living in certain countries to the ICO is prevented.

Well, does this really fit the specifications of the market? Dozens of ICOs that mention that they are decentralized do not collect investments from these countries and comply with the prohibition. But wouldn't it be that the right center is centered and the ICO is involved?

I think that the prohibition of participation in the market has caused great damage. OK, the right ICOs should be supervised and the people who invest in it should not be harmed. However, the project claiming to be decentralized, the ban does not come right to start with! The principle of being decentralized is undermined.
Imoote
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November 17, 2018, 10:35:08 AM
 #2

in the event that ico investors do not suffer if the ico is not developed, the ban on ico in some countries may be because the state is afraid of losing investors, so they make the ban
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November 17, 2018, 10:46:59 AM
 #3

We all know that more than one country imposes an ICO ban. Because of these prohibitions, direct participation of people living in certain countries to the ICO is prevented.

Accepting participation from such regions might not be the problem but maybe the law or the government totally prohibit them from having any dealings therein.
vycl87 (OP)
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November 17, 2018, 11:01:53 AM
 #4

We all know that more than one country imposes an ICO ban. Because of these prohibitions, direct participation of people living in certain countries to the ICO is prevented.

Accepting participation from such regions might not be the problem but maybe the law or the government totally prohibit them from having any dealings therein.

I mean that problem already. It is not good.
anatolij.shishkin
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November 17, 2018, 11:09:34 AM
 #5

I think any small country is a trego of the world. Simplifies laws and allows ICO registration. To become a market leader and get a big financial flow to your country.

siorapokk
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November 18, 2018, 06:22:48 PM
 #6

No, a lot of projects that are on the market at the moment are not decentralised. And as a result, we see the most famous centralised coin on the second place on Coinmarketcap. Please people, do not support such things!
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November 18, 2018, 06:28:25 PM
 #7

I agree with your point such restrictions and other requirements like kyc is also against the decentralization concept and also the basic concept of universal currency and borderless use cases but at the same time these requirements are set to follow govt and regulators guidelines to remain compliant by the icos.

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anatolykarpov
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November 18, 2018, 06:29:50 PM
 #8

No, definitely they are not.
They just integrate blockchain to their centralized design and actually they fake it until they make it, if they can!

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Cocoincos
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November 18, 2018, 06:58:02 PM
 #9

more than year I learn cryptocurrency and I see that many things are not decentralised, you see that if btc falling - 90 % of currency is falling too..thats funny
ashmodeus
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November 18, 2018, 07:16:19 PM
 #10

u know why ?
since crypto its not just about blockchain technology ,
many many politic came to crypto world,
try to create what people call decentralized
but , actually they just came for money.
the simple,u can see the exchanges is more than the coins that are exchanged

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November 19, 2018, 03:59:23 PM
 #11

Unfortunately the real decentralized currency is not needed by the states.  The manic passion for control will leave this world with the last person

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LeetPoolsOP
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November 19, 2018, 04:18:40 PM
 #12

ICO is now banned because they do not know how to regulate it. as soon as there is a normal regulation, then bans will be removed and people will be able to safely trust normal projects
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