In today’s podcast, I tackle the subject of Initial Coin Offerings (ICOs).
Regular readers know I’m skeptical of cryptocurrencies. And I think many ICOs are outright frauds.
We’ve seen celebrities like Paris Hilton, Jamie Fox and Floyd Mayweather all endorse ICOs. A friend of mine who’s raising money in an ICO even told me these things are a bubble.
Still, we see more and more companies raising capital from a rabid public.
But regulators are already sniffing around. And there are two things that could cause this bubble to crash… quickly.
You can listen here.