[sidthekid]

If we exclude all the silly buzzword-driven ICOs that have sprung up recently to take advantage of the hype, there are plenty of companies that are years old (started after the 2014 surge) and have decent working products. These companies have been waiting for a surge in cryptocurrency adoption and deserve the funding they are getting.

[TremendousJudge]

The internet in the 90s was legit. Yet the Dotcom bubble still happened. There are some actual, successful internet businesses that survived it (Amazon, Paypal, Yahoo, the usual suspects). However, most startups crashed and burned and many people lot a lot of money. The fact that there are legitimate companies doesn't mean that most aren't bullshit