[kolinko]

There other ways to protect small investors - education being one example.

If someone doesn't know how to manage miney they will lose it one way or another - be it forex, or or penny stocks. ICOs cannot possibly be worse than these legal things.

[mtgx]

Yes, but you could make the same argument for companies using toxic substances in their food, too.

"We don't need the government to tell us what is toxic and what isn't. Let's people make their own decision about what they eat!"

Which I know sounds very attractive, but then 90% of the population will end up ingesting food with lead in it from China, or whatever.

[nunez]

well education is supposed to be an answer to people having unprotected sex without consequence, but here we are, millions of STDs and unwanted pregnancies later

if people want to throw in everything they have into speculative currency, then they will. someone's gotta put down the law to at least try and protect damage to the economy when everyone loses their shirts