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I love that ICOs are now a cautionary tale to chide Bitcoiners with. Bitcoin's lack of a native incentive for devs is why its development is so stilted and inactive, and those ICOs are blowing everyone away with innovation, right?
It doesn't matter if you have ten or a hundred or a thousand times the dev funding if they are building the wrong things, or if they build the right things but their code gets overruled by an ignorant bureaucracy.
Or ignorant centralized management.
Wise words 
True, Zero funding went into launching bitcoin.
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