4 ms·
"The other side thinks blockchain is practically useless, the most overhyped technology ever created, a bubble never-before seen in history." I really think th
by scalesolved 8y ago
"The other side thinks blockchain is practically useless, the most overhyped technology ever created, a bubble never-before seen in history."
I really think the bubble side of crypto currencies is wildly overstated, the total market cap is tiny in comparison to any massively over leveraged asset (housing,student loans) etc.
Whilst BTC and others may be in a bubble even if they crashed to zero now it would pale compared to bubbles within the last 20 years.
- MrEldritch 8y agoIt may be a bubble never-before-seen in relative terms of price-at-peak divided by some unknown future price-after-settling. It's certainly not the largest bubble in absolute terms, not even close.
- scalesolved 8y agoThat is something that anyone can apply to anything. I'm not being snarky, I agree that BTC may be a large bubble but too many people are talking in absolute terms.