4 billion dollar ico yesterday.
Seen a generation and tech with big potential end up in ipo games, greed, speculation and short term thinking – “saw the beast of capitalism directly in it’s eyes” is my mental image of the dotcom bubble.
A natural consequence of any technology cycle I rationally know, but just sad to see generations repeating previous mistakes over and over.
In the comments Martin von Haller Grønbaek points to what happened after the dotcom bubble burst, a tremendous wave of innovation. So blockchain tech is set to blossom after the impending ICO crash.