What the Statists do not like about Bitcoin not being under central control, is that its success is a strong, undeniable signal that control by democratic government is not needed for essential societal functions like money, and that there are better ways to organize every aspect of society that do not require government. The idea that money will no longer be the special preserve of the State and its corrupt central banks is deeply disturbing to these men, and so, they do anything they can (which is precisely nothing) and say anything they can (which is too much) to undermine the idea that Bitcoin does not need to be centrally controlled.
… they can store complex, multi-faceted levels of value. Tokens are a completely different breed all together. Forget everything you know about bitcoin and pre-mined coins and that entire ilk of tech, ERC20 tokens are generated by a Smart Contract System (SCS), are highly programmable and have multi-functionality because of it. They transcend being just a coin, and through their array of functions become something much more — “tokens”. Technically, they are not “offered”, they are “generated”. Probably the most accurate phrase of what’s going on during an ERC20 token launch is to describe it as a “Token Generation Event”, but I’m not sure TGE has the same flare as ICO. Nevertheless, a coin does one thing, and a token can do many things. I do hope to see the phrase ICO disappear from the vernacular as tokens take over.