For the past 2 weeks, news is flooding out on how governments, China, U.S, India, and etc are getting exceptionally aggressive to all things crypto, from the way they are traded, to how they are distributed. That's a very short period of time of big actions, more sentiments than we have seen in the past 4-6 years combined.
ICO's golden age is coming to and end, i predict by middle-end of this year, coming into 2019 we are going to see vast and heft regulations coming at cryptos.
The rise of privacy-based coins is coming to avoid further unprecedented actions towards decentralized institutions. What i'm taking away from all this, is governments see crypto's as a threat to their current system structures, no doubt backed by banks, the ability for a poor man in India to become a Millionaire is something that will not be tolerated. That's my opinion.
What we will be seeing more of in the future is XRP clones, with centralized and manipulated infrastructures.
I agree with you. This special currency has made their economy disorganized. It is also true that a lot of millionaires were born. Many countries oppose encryption. However, there are some countries that support it. Like Japan, cryptocurrencies are supported.