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.
This statement is true, some of the government officials, businessman, and banks are greedy as hell. They dont want others to be rich, while on the other hand their already rich but the still they want to be richer.
It is sad if the future crypto will be full of centralized and manipulated coins this is againts what crypto is, crrpto is all about decentralization. Maybe if this may come true show our support for the continuing of ICOs and boycot those centralized and can be manipulated coins, well we have the freedom where to invest so boycot is the right thing to do to show support on ICO in the future