Why on earth is this comment here? It has nothing to do with the article or the thread, and it's not the first comment I've seen like this. (The other recent one was a random rant about Tesla self-driving.) Is this comment the product of a bot, maybe? Or is there an HN client application with a bug, appending comments to the wrong place? Just human error?
I dont really get your analogy; thats not the argument being made here. An initial offering industry/mechanism isnt going anywhere, it will just likely gradually shift from IPO to ICO. The reason bankers make absurd fees from IPO's isnt from their due diligence, its from market access. Thats coming to an end.
