I was skeptical of Bitcoin when I first heard of it. Now I think that it's here to stay. I don't think ICOs are a bubble either (not all of them at least). I th

I was skeptical of Bitcoin when I first heard of it. Now I think that it's here to stay. I don't think ICOs are a bubble either (not all of them at least). I think that we need more ICOs to increase the capacity of the internet of cryptocurrencies. Digital currencies address a real problem; government and institutional manipulation of money. Traditionally, everyone has been forced to drink from the same pond; world governments decided what the economic environment would be in any given country - Because of this, some generations or specific groups of people have been set up for failure. If you're born in a country whose monetary policy or economic environment is working against you; cryptocurrencies provide an idealistic escape hatch; an alternative way of valuing your labour and your potential. The traditional fiat financial system has been corrupted by an army of traders, venture capitalists, investment bankers, bureaucrats, lobbyists and corrupt politicians; their actions have damaged the public perception of fiat currencies and have been devaluing them. Fiat currencies are no longer seen as the product of meritocracy; but as the product of luck or corruption. Regular people are not the ones driving up the price of cryptocurrencies; they're driven up by rich people who are (perhaps inadvertently) voting against the same system which made them rich in the first place. Maybe this is what Karl Marx had in mind when he suggested that capitalism could destroy itself. Bitcoin is not a bubble; a true bubble grows until it pops; then it stops growing. Bitcoin has popped many times in the past and has always recovered.