Posted on 03/27/2018 3:21:54 PM PDT by bananaman22
Steven Seagal--actor, Zen master, musician, director, martial arts instructor and now crypto ambassador—has reportedly walked away from the Bitcoiin project, along with its anonymous founders, after closing out an ICO that may or may not have raised its targeted $75 million.
No one knows, really, and that seems to be a recurring problem with ICOs, highlighting the danger of celebrity-sponsored coins that seem exciting but offer no protection from potential fraud.
Seagal may have been the face of the alt coin, but the founders remain masked.
(Excerpt) Read more at safehaven.com ...
D Rated actor. A+ con man.
Steven douchie McDouchebag
Didn’t he have mob connections?
But the Finnish bluegrass group Steve ‘N Seagulls does a pretty good ‘Thunderstruck’.
What happens to the 75 million?
Too bad, so sad. I hear there’s honorable work at Jiffy Lube for those who are qualified.
But he has a primo guitar collection.
The story is incorrect. Bitcoin is not used in ICOs. ICOs are created through “smart contracts” that generally sit on the Etherium network.
It is incorrect to associate an ICO with bitcoin.
ICOs are akin to penny stocks. MOST of them will go belly up.
and a primo collection of katanas as well.
It didn’t “fall apart” it sold out of tokens.
When an ICO reaches its hard cap, it stops selling as an ICO (initial coin offering) and the tokens are transferred to the investors digital wallets. The token is then listed on the exchanges and the investors are now allowed to sell them. The token apparently hit it’s hard cap ahead of schedule. That is a good thing because some tokens never reach their hard cap.
He’s been friendly to Vladimir Putin and Russia so he is a moving target right now.
He’s the kind of guy that needs to be destroyed and or neutralized by the powers that be.
Hard to judge the rightness or wrongness of Seagal’s actions in this environment.
No, the story is correct, this is about Bitcoiin.
Totally legit.
You clearly do not know what you are talking about. Describe how they laid a smart contract onto the bitcoin blockchain that would exchange bitcoin for the mined coin. That would be fascinating...since it can’t be done.
The problem with any currency that is not the US Dollar is that none of them have the US military backing them.
When you boil it all down, money is just a show of power. No might, no value.
FRiend, you need to reread my post. If you’re still lost look for the underline therein and then re-examine the original article.
The US military isn't why the dollar has purchasing power. The goods and services that people will trade for a dollar is why it has purchasing power.
When you boil it all down, money is just a show of power. No might, no value.
"Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers who claim your product by tears, or of the looters who take it from you by force. Money is made possible only by the men who produce."
Steve n Seagulls is awesome.
Steven Seagal is an incredible doosh, not even worthy of respect as a human.
He was once famous for kicking guys in the nuts just for fun.
Thank you. Eleven posts to find out ICO means initial coin offering.
Come now hairsplitter... Haha...
He is correct and so are you.... His rant is correct regarding ICOs and ETH, while you are correct that the story is totally about Bitcoiin... He just didn’t notice their attempt to make a clever mis-spelling of their token ICO.
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