In the past six months, the world has witnessed one of the biggest creations of wealth in the history of the human race.
With the cryptocurrency market cap hovering at around half a trillion USD, businesses around the world are beginning to wonder how they can get in on this Bitcoin action.
The answer seems to lie in the massive influx of new Initial Coin Offerings flooding the market lately. With dozens of new blockchain startups being started each week, the business world is no longer too shy to throw their hat into the crypto ring.
With over 1500 cryptocurrencies out there, the business model is so hot right now, you could literally shit in a box and call it, "Shitcoin," and people would trip over themselves to invest in your coin.
Just a few weeks ago, Proof of Weak Hands coin, an admitted ponzi scheme coin that pumped and dumped itself, raised over 1000 ETH. It was subsequently "hacked" a few days later.
This is the world we are now living in. The human race's greed for fast and easy profits are virtually ignoring nearly all of the SEC rules and regulations that have regulated the finance world for years.
And with the advent of Ethereum, anyone with ten fingers and an hour of Googling can figure out how to create their own "company" - amounting to little more than an idea, a smart contract and a Wordpress website.
Will this lead to a complete revamping of the modern business landscape? Is cryptocurrency an overvalued bubble that will lead to the downfall of the human race?
Don't ask me. It's only been six months.
Now pass the Kool Aid, I'm getting thirsty.
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