Barry Silbert: Not Bullish on ICO, How Wall Street Really Thinks About Bitcoin

Crypto venture capitalist Barry Silbert said that he is not bullish on the projects raising funds via Initial Coin Offering, or ICO.
The Digital Currency Group founder told Forbes that he philosophically supported the idea of disintermediating funding process but yet found it uncompelling from the point of view of purpose, capability, legality, and valuation.
Utility Token Sales are Senseless
Silbert spoke as an investor whose company is always on a lookout for the most potential blockchain