Judging new technology by its current usage is sketchy: the illegal stuff comes first.
“the fact remains that Skype emerged directly from the loins of Kazaa"pic.twitter.com/yxQgpBQogD
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If anything, the appropriate parallel is probably Bitcoin and the Silk Road in 2014.
What happened to the people who invested in Kazza? Your conclusion is 100% correct, current ICOs will give bitprth in the future to real businesses before they themselves disappear into the abyss.
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