There’s an Initial Coin Offering (ICO), an Initial Fork Offering (IFO), but is the ecosystem ready for an Initial Troll Offering (ITO)? Bitcoiners have taken to crowdfunding as a way to answer critics, one of whom placed a full-page ad in the Wall Street Journal (WSJ), warning about bitcoin. The group plans a troll-level response.
Initial Troll Offering Takes-On Wall Street
Twitterer @cryptograffiti read the advertisement, open-letter, plea from Interactive Brokers chairman Thomas Peterffy printed in the Wall Street Journal 14 November 2017. Mr. Peterffy personally addressed Commodity Futures Trading Commission chair J. Christopher Giancarlo, head of the regulatory body ultimately responsible for overseeing Chicago Merc’s (CME) anticipated bitcoin futures market.
Mr. Peterffy urged such crypto assets be segregated from the “real economy,” citing price volatility and their relatively youngish existence.
Hours later, @cryptograffiti posted: […]