20. Primary Markets, ICOs & Venture Capital, Part 2

MIT 15.S12 Blockchain and Money, Fall 2018
Instructor: Prof. Gary Gensler
View the complete course: ocw.mit.edu/15-S12F18
KZbin Playlist: • MIT 15.S12 Blockchain ...
Prof. Gensler gives a second talk about Initial Coin Offerings (ICOs), focusing on the markets and regulations for ICOs.
License: Creative Commons BY-NC-SA
More information at ocw.mit.edu/terms
More courses at ocw.mit.edu

[@aviator9514]

Even now, 3+ years later, still very relevant. Huge thanks to MIT for sharing

[@user-oz9yj5to7m]

I’ve been looking for all these pieces of really valuable information through all sorts of online buzzing. Great to have it in one place altogether. My best wishes to Mr.Gensler on a new SEC job.

[@javiasilis]

Me too. Once you start reading and hearing a lot of buzz, one needs to be well informed before someone elses's opinion tells you otherwise.

[@NazriB]

Lies again? Serie A Leader

[@adolphgracius9996]

Update.... Gensler at the sec behaved like a spineless piece of caaarp

[@campusseoul]

It was nice to hear about all those SEC ICO Enforcement Actions.

[@filmawayvlad]

Time flies, now new legislation is being introduced, including in the US

[@pbhaggan87]

45:35 Funny watching this video as Anno 2021 Sec vs Ripple lawsuit is going on..

[@user-oz9yj5to7m]

What a knowledge sharing. Unfortunately even MIT and Mr.Gensler are not able to put education in advance. Events were evolving so fast, that it all looks like history today in a couple of years afterwards. However, it is amazing watching it online even now. Refreshing memories.

[@filmawayvlad]

Valid points made. Thank you!

[@emeraldcitydreamz]

He still can’t tell you what altcoins are securities though. For everyone’s protection of course.

[@GoodBadCo]

😂

[@RiccardoVincelli]

16:07 That heavy 30% drop was just Broadish moving the markets a little.

[@robertwnorrisii9143]

@1:02:57 Well-defined differential there.

[@garrettburleigh7754]

Did he say ethereum is number 2 in this? This video is from before my time of being hard-core into crypto.

[@LowDowN-]

Glad Money Joe pick Gary, such a great teacher

[@jeffswartek7356]

Where is lecture 18? Would really like to view it.

[@mitocw]

Lecture 18 is not available.

[@TeshTube]

Great lecture. Can’t wait for Gensler to regulate Ethereum as a security 🤝

[@Gi1b2bz]

Keep dreaming

[@adolphgracius9996]

Gensler was given a lay up and still fucked it up

[@chewie1355]

Thanks

[@kedrickstahley8247]

The government has no business telling me what I can and cannot invest in. I should be able to risk it in anything I want to.

[@lawniczakjohn]

28:40 "I think it's easier to scam the public when it's shrouded in jargon." Same case could be made for regulated markets, failure to delivers and naked short selling. Market Makers are too smart and the markets are too complicated for you to understand, listen to us. An interesting topic too given Gary's proximity to FTX and Sam BF.

[@auntlynnonline6206]

DOES ANYONE HAVE LECTURE #18? Or know anyone who might? The internet has been absolutely cleansed of it... It is really important that we get it. Any videos, transcripts, etc? Thank you.

[@mitocw]

Lecture 18 is not available. The topic was "A New Approach to Crypto-Exchanges & Payments". See the course on MIT OpenCourseWare for Study Questions and the Readings for lecture 18 at ocw.mit.edu/15-S12F18. Best wishes on your studies!

[@auntlynnonline6206]

@@mitocw It is very unfortunate that you are being forced to lie to cover up for Gary Gensler. I wish you the best. I'm not looking to YOU to give me lecture 18... I'm looking for someone who was actually in that classroom and took a video of it. The reason the internet has been cleansed of lecture 18 is that in it, no doubt, Gary Gensler is saying things that are 180* off what he is currently saying. His 'enforcement by regulation' stance as chair of the SEC is absolutely appalling. Lecture 18 proves him to be a total liar. THAT is why it is not available. Let's get real.

[@mitocw]

This lecture was never published and this was *years* before his SEC position. It was not taken down so nothing was 'cleansed' (unless you believe he could see years into the future 😉).

[@auntlynnonline6206]

@@mitocw That’s not true, but believe what you will. 😂

[@EduardsESA]

In 2019, Ohio, the first US state to accept Bitcoin for taxes, has suspended its cryptocurrency payment system meaning businesses can no longer pay in digital assets. :)

[@ryanbaileyboxing]

🙏🏾

[@flaviocluberlang2545]

This guy Gary single handedly destroyed meme stock investors. As long as his above average greedy portfolio does the better

[@Richschoenbeck74]

huh dafuq you talking about lol sure you got a few bag holders out there, but meme stocks are still going on and many bought gme Pre split, pre run up in 40's and 50's.AMC in the mid twos (now at 22 and the high at 72) so I ask again. What meme stocks you referencing?? Because for many of them, they still up 1000% and still holding

[@filmawayvlad]

Great stuff, thanks!

[@berajpatel8081]

Reg A & Reg D investors need different levels on information .... information asymmetry .... but all investor would need to be accredited

[@induskush]

With the question of “legal tender” how then does El Salvador making bitcoin legal tender line up with the idea of Americas Federal jurisdiction???

[@rsb8653]

Let's hope Gensler takes an enlightened view on Crypto when he's the head of the secc

[@Reaperliam_]

I can say he did not. 🤣🤣🤣

[@XRPeasy]

😆 🤣 😂 😹 😆 He came to crush us into submission, then hand the Crypto INDUSTRY over to JP MORGAN & the rest of the big bank incumbents.. XRPEASY Says "He is an embarrassment to the US, verging on criminal.."

[@Kcemate]

He failed at this

[@rassekosonen1600]

@@Reaperliam_ jo j

[@EdwardWormhole]

Gensler really walk the talk. He wants to regulate DeFi now as head of SEC

[@MarkTrombonee]

He was foreshadowing this one or two lectures ago. At least about regulating exchanges.

[@ufconlyfamz69]

the more i listen to this guy the more i like him

[@walteranderson8033]

[@walteranderson8033]

TE LE GRAM.. 👉🏾@Jimbrin....📧📧

[@alberteinstein3650]

Hey guys get yourself a mentor to put you through on any cyrpto related issues if you're still a newbie, Jim is your guy.

[@ColinRDavis]

I have so much respect and appreciation for you. I appreciate what I have learned from you. Thank you!.

[@sammcbratney2590]

I used to hold BTC and It really messed up my mental health. So for me, trading daily and taking out your profit is the best choice.

[@brainstormingsharing1309]

👍👍👍👍👍👍👍👍

[@danielgood5471]

And sick

[@omarhojayri353]

Moonstop to the moon🚀🚀

[@kalocohan]

Lol. Even he believed ETH is a security through and through. It passed all 4 of the Howie test. Wonder what happened that ETH was given a free ticket to be a commodity. It currently still has investors.

[@garrettburleigh7754]

It sounds like he's saying shitcoin when he says initial coin offering 🤣.

[@Torterra_ghahhyhiHd]

is the number 18 miss out?

[@mitocw]

Lecture 18 is not available.

[@neelmoradiya1389]

@@mitocw why ?

[@neelmoradiya1389]

@@mitocw we want that lecture please

[@SELECTORVICENTE]

Shawn its always just a little bit curious

[@ruachunchained]

We, the lost nation of Yisrael, are already claiming the KngdmKwyn as our national currency. We are not recognized as a nation on your world stage, due to being invaded in 70AD by Rome and taken into captivity countless times through history following, but we have traced the history and now have made it official among ourselves, with a national currency, the MOSHE aka KngdmKwyn

[@lovegodneighbor8421]

$AMC - WHAT ABOUT ALL THE FTD’S ON AMC? WHAT ABOUT ALL THE NAKED SHORTING ON AMC STOCK? WHAT ABOUT SPOOFING ON AMC STOCK? #MOASS

[@SkyHoustonCrypto]

🐂ULLISH CONTENT

[@dwdwdw11]

I don't understand why someone like Gensler who seems to understand and like bitcoin is holding everything back by not approving a bitcoin ETF! Absolutely ridiculous!

[@robertrichards4930]

ETFs are a scam.

[@Partly_Cloudy]

22:20 😳

[@yayaanetwork2530]

HabibiProtocol ✅

[@mohamedshakeel2573]

haha

[@VEGANWARRIOR]

That's not true. If you don't pay your taxes, the government can liquidate you assets (converting it into dollars) toward your debt. So the government defaults to confiscation of assets in leu of dollars. Bitcoin is property, so it should be accepted as a form of payment. Especially if the government is going to do nothing but convert it to dollars.

[@goofrules]

Free game

[@flicndills123]

Judging by the direction of the case that the sec brought against ripple and us of the xrp army is going, Gary Gensler wasn’t educated properly on xrp. Question, shouldn’t citizens have to be an accredited investor in order to blow all of your money in a Vegas casino?

[@kedrickstahley8247]

the more I listen to this guy the less I like him.

[@imranatique9841]

run and roll . carona viccenation roll . economic s

[@DGimpeccablejaguar]

why is everyone obsessed with abiding by laws that steal from you

[@Mastermindmoneyteam]

ghetto cable ALL DAY WITIT

[@firelordzaki1600]

Who waiting for xrp car to be over?

[@ewor99]

I want bitcoin, ethereum, and XRP logo's on my physical cash. I'm offended by george washington and benjain franklin, ect. because they owned slaves. Put the doge logo on the penny. Thanks in advance.

[@Klemen1234]

Garrrry, you dont know what you talking about.

[@jeffkitko9530]

0

[@williamschmidt4604]

Suckers ! Better get some gold quick !

[@OfficialNetDevil]

Tom strikes me as an idiot.

[@zcnzkqvxkj9922]

目前我们可以根据现在形式去做一些线上投资

[@buckeyeg4888]

Criminal Ethereum ICO'd

[@stick_wick]

🤡