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Are all ICO's doomed to collapse?

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Too old to resteem but still seems highly relavent. Is there a real chance governments can kill all of these cryptos even with decentralized and/or peer to peer trading?

https://steemit.com/cryptocurrency/@anonymint/are-most-cryptocurrencies-doomed-to-collapse-because-they-re-ico-issued

Are all ICO's doomed to collapse? | Ecency