Now, we’re seeing a lot of funding. Part of it will create bubbles that will burst and reinflate, burst and reinflate, and each time the bubble will get bigger. In that, people will be burned, lessons will be learned, and people are going to build solutions because it will be profitable to build good decentralized solutions that give us consumer protection. I can’t wait to see them!
In the meantime, I will not be investing in 99.999 percent of these ICOs because I don’t invest in a minimally viable white paper. Currently, that’s the new standard for startups. Peter Todd, a bitcoin core developer, went one step further. He said, “We don’t even need a paper. Here’s a minimally viable tweet for an ICO: ‘This is my BTC address, fund me, you get nothing in return.’” People sent him money!
We’re redefining entrepreneurial capitalism, corporations, securities, fundraising, stock markets. We are redefining everything financial and the regulatory system around it. Hang on, it’s going to be interesting.
AppendixA.A Message from Andreas
A.1.Request for Reviews
Thanks again for reading this book. I hope you enjoyed reading it as much as I enjoyed creating it. If you enjoyed this book, please take a minute to visit the book’s page on Amazon or wherever you purchased it and leave a review. This will help the book gain greater visibility in search rankings and reach more people who may be learning about bitcoin for the first time. Your honest feedback also helps me make the next book even better.