"The point is that these services work via e.g. the ethereum blockchain (and the best of them will actually have something to gain by being decentralized and tr

"The point is that these services work via e.g. the ethereum blockchain (and the best of them will actually have something to gain by being decentralized and trustless). Good luck sending euros to an ethereum address.." Nobody cares about the issue of decentralization, but a small group of people, moreover, their concerns are not practical, they are intellectual. (Unless they are trying to do something illegal, in which case their concerns would be practical) From the average 'token user of Euros or Dollars' perspective - the current financial system has incredible integrity. There is zero advantage in 'decentralization'. There is zero risk from short term holding of any major currency. And they're massively liquid, especially in the natural region of that currency. 100% of 'Ether-anything' are nearly useless to the average person anywhere, whereas dollars are amazingly useful to Americans and others, for example. If there were a single, global, well thought-out 'Ehther' type currency, that were used in major and minor transactions - I can see some theoretical value in that. Conceptually, it's not crazy. But in practice, especially in terms of these small, one-off ICO's - they don't make any sense at all.