There needs to be some standards around launching an ICO and investing in ICOs in the space, and I caution all to tread carefully until those standards emerge.

The crypto market has set the bar shockingly low for entrepreneurs to raise money, and this is dangerous for everyone involved.

While it's not obvious to people now, in the long-run, the permissionless innovation that Bitcoin enables will ultimately improve the lives of billions of people.

But when that number reaches or exceeds 95, there is some caution that needs to take place,

People must exercise caution and drive carefully.

My feeling is that right now everyone needs to proceed with caution.