[HuginnMuninn]

I have a distaste for exploiting the vulnerable, which is most certainly what's occurring here.

ICO's offer people investment opportunities to people who for numerous reasons couldn't invest in anything before.

That's a wonderful thing with educated investors prepared for the risk, but what some of these companies are pulling is modern day snake oil.

I'm not just talking about shady types, plenty of respectable people acting poorly for quick money. YC is in on it too with filecoin, history will be the judge and I hope all involved are remembered.

Go read some of the ico forums, ask yourself whether these people are stealing from underage children. Please.

[brndnmtthws]

You're assuming that everyone investing is an idiot. I doubt that's the case. Sure, some people might make poor decisions, but I think that's the minority. Most people are doing their research, and even if they aren't, they would learn quickly that you should never invest more than you're willing to lose.

As an aside, I wouldn't touch Filecoin (due to the VC taint), but Sia looks promising.

[hndamien]

They are also assuming everybody is losing. I'd be willing to bet that this value creation and investing accessibility has lifted more people than it has hurt.

[HuginnMuninn]

What would you call research? Reading the whitepaper?

I've hung around crypto for a bit, vast majority neither read the technicals nor actually use the technology.

Have you used Sia? I certainly have.

How would say it stacks up compared to S3? Both on price and speed?