[AJ007]

It is also opening them to regulation from a lot more than Apple. It is hard enough for a large tech company to deal with conflicting demands of various governments over privacy & censorship. Create a currency and now you can add financial demands as well.

Why are they doing this? Because companies are raising vastly more money and at a faster speed than going the traditional VC or even IPO route right now. The strategy: Make up any reason and do it.

I think the decentralized, semi-anonymous, open source development route can benefit from this approach better in the long term than a centralized for profit company can.

Games may also end up being some of the biggest success stories. When you can actually prove that something is rare, and even potentially decentralize the gameplay, it presents interesting options for anti-cheating and proof of value. What is dumber: crypto kitties or con artists making hundreds of millions of dollars off sloppy copy and pasted documents?