Without ICOs, there would be no Ethereum. Without Ethereum, the crypto market wouldn't have grown so fast. It's attracting a lot of capital right now.
and no ETH would be a bad thing
as Spoetnik rightly put it "ETH was morphed into an ICO coin cloning platform"
Crypto doesn't need alot of capital right now, we shouldn't be judging the success of Bitcoin (or any crypto) on how high its priced in fiat, crypto success is about usability as a p2p currency and acceptance as a currency.
They don't care.
They are here to profit.. and nothing else.
So that has gradually morphed crypto into a sleazy shithole.
They don't get why ICO's are bad no matter how many different ways it is explained to them.
Think about it people.. why wasn't ICO's used years before ?
It was maybe 7 years i am estimating that the scene dropped mined coins and went with ICO's
Why were we mining them ?
You know guys there is a reason
And there is a reason why i say *ALL* ICO's are scammy too.