Yeah, perhaps we can set it so that we only except fiat money minted before a certain date? That way the government can’t just secretly print the money right now to buy into the ICO. I mean of course they could just try to backdate the new money, but that would be against their own laws (although then again, since when did they care about that 😜).
And yeah, I think it probably is illegal to do so in the United States (wink wink). Can’t really speak for any other country though. Maybe one solution is find a national government that is willing to help out and provide the service legally? Perhaps Singapore or Switzerland? These governments seem to be pretty progressive when it comes to cryptocurrencies.
Otherwise, maybe we can just take all the extra raised money and give it to a reputable charity or non-profit? It doesn’t solve the turning fiat value to crypto value problem, but at least now the surplus goes to a good cause.
