Blockchains are a solution looking for a problem. There's a very small niche problem that blockchain is actively solving and that is the enrichment of ICO foun

Blockchains are a solution looking for a problem. There's a very small niche problem that blockchain is actively solving and that is the enrichment of ICO founders. Ethereum, Zcash, Ripple, Siacoin, Monero are all essentially the penny stock pump & dump scams of the early days of the internet. Right now we got a lot of big movers courting blockchain companies but so far we see that it's a horrible ecosystem for building mission critical and scalable apps that is already being solved by AWS, GCE, Azure etc. Ethereum especially is the biggest blunder out of the blockchain party. Can't scale (capped at low double digit transactions per second) due to it's overly distributed and trustless mechanisms with a huge security vulnerability surface thanks to a turing complete piece-of-crap language called Solidity. I strongly suspect that we will see the demise of ICOs and blockchain bubble popping when regulators move in as they have previously done with fantasy sports betting startups. To the adventurous and greedy individual thinking of launching blockchain ICOs: don't count on your coin != fiat because that won't matter when a bunch of people feel victimized enough and start courting the SEC. disclaimer: I actually hold above cryptocoins but overall extremely pessimistic and feel pretty stupid buying into it.