Will other countries take advantage of China's ban on ICOs?

[kaleemmalik]

It is in my opinion that China is very short sighted in their ban on ICOs. I am only an observer of the whole ICO market as I hold Bitcoin only. But I do believe in ICOs as the future of a democratized way of getting financial support for the unbanked.

Who said that entrepreneurs with good ideas should not be given every opportunity by the community themselves? But of course we should still be careful and be responsible with our own actions. People will lose money from scams.

Do you think a country like Switzerland or Singapore welcome ICOs and become new havens for them?