Your quest to find a distinction is going to continue to fall apart. Most forms of capital formation have no bearing on anything in physical goods and service

Your quest to find a distinction is going to continue to fall apart. Most forms of capital formation have no bearing on anything in physical goods and services economy, colloquially called "main street". ICOs are no different and I'm not sure why you feel the need to single them out. The point here is that people are growing this currency's economy by reinvesting in new projects within that economy, just like they do in national currency economies. Thats what the article is about, thats why I've been pointing out, and what is hard to accept about that?