This thing came up to my mind suddenly. As I know a currency is a transaction medium that majority of the people agree to use to exchange their items with them. If it is the case, if majority refused to use crypto currencies, what will be the consequences may occur ? And how it will affect to the ICOs ? Any Ideas?
Previously this thing had happened, precisely when Bitcoin was first introduced, by Satoshi Nakamoto in 2019. At that time most of the people were making fun of, ridiculing and insulting the existence of Bitcoin. But over time, some people began to realize and gradually accept bitcoin as technology and innovation, especially in terms of transactions and adoption.
Previously we have all been introduced to several ICO projects in November 2017 and began to be talked about intensively in January 2018, and market analysts considered the existence of ICO is claimed to be able to build market value quite dramatically. As a result of this statement, this thing certainly made investors suddenly compete to invest their money in the sector. But it's unfortunate, the greatness of this project they apparently did not use in the right way, but they instead polluted it with behavior that wasn't commendable to the developers. No doubt, if finally the project's abandoned by its investors, it means that the word 'apocalypse' might be more appropriate for the project called ICO.