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Internationaly Registry Needed for Cloud Mining, ICOs etc
Investors need a place they can go to so as to Vet prospective operations to insure that there are individuals that can be held accountable should the company go belly up. Scammers and ponzi schemes could literally be eliminated overnight by establishing the requirement for any company offering crypto currencies, ICOs, and mining operations to have to register with names, address of business, location of all operations, and details pertaining to these operations.
Currently, investors and others have no place to go to where they can Vet offers being made online to insure they will NOT be scammed. Unfortunately, scamming operations have become very resourceful in creating web sites that look legitimate by posting fake papers of registration, unique and create content on web sites to make them look like full fledged operations, and hiding identities of primaries.
Seniors and others who are new to crypto currency do not have the knowledge on how to weed out prospective scams. Even seasoned bitcoin investors can be deceived by the complexity of some of these web sites and all investments are 99.9% risky at this point. Maybe governments are leaving up to people to lose money so as to discourage people from moving to crypto currency as a form of exchange. Even with the risk involved, the rewards of picking winners in the crypto market is can be too lucrative for investors to pass up the opportunities.
The only advice I can give people at this time as a Bitcoin Investment Strategist is don't invest more than 20% of current funds in any one opportunity. If you are going to lose money, better to lose on one or two of your investments then losing everything altogether. All investments are risky. Buying a home is risky, buying stock is risky, and buying into bitcoin cloud mining and other opportunities are risky. If you invest and lose, don't cry. It is part of the game.
Governments can help to protect the innocent by requiring licensing for any bitcoin operations and posting qualified companies on an International Registry. Governments, need help with how to do that? Contact me and I will help you configure that process via consultation and connecting professional people that can help.
Information provided by Bruce Goldwell, Author, Prospeneur and Bitcoin Investment Strategist