Absolutely! If 70-80% of new brick and mortar businesses fail in the first year and even less make it to 5 years than I believe Mr. Buterin to be correct. In fact I think he is being a bit optimistic ICO's don't need to spend much in the way of capital to get started so any dope with a computer and some basic copy & paste skills could start an ICO.
I know this is oversimplified but the guy is spot on here.
Thanks Louis, can't wait to see the discussion on your YouTube about this one.
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