[vehementi]

Definitely not the same -- we're not talking about 2% of ICOs going on to become cool Google -- nothing of the sort is happening and it's been years. Moreover, despite the dot com bust, there were many legitimate companies that did have proven business strategies that weren't doing bubble stuff. People were using the internet to sell things, to advertise their sites, etc. and it was effective. Even that category of companies doesn't exist. Nobody's using bitcoin for any practical purpose... aside from dark market purchasing :)