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This is a ridiculous comparison. I was around for the first dot com bubble as well and they aren’t similar at all. In the late 90’s all of a sudden you were ab
by CPLX 7y ago
This is a ridiculous comparison. I was around for the first dot com bubble as well and they aren’t similar at all.
In the late 90’s all of a sudden you were able to do incredible things for the first time, like search for and buy plane tickets without a travel agent, send messages to friends instantly without long distance charges, research academic subjects, order out of print books, sell and buy collectibles, share music instantly with anyone in the country. It was obvious that the web was solving tons of problems for people and delivering value.
It was obviously amazing. It was also over hyped and a magnet for fraudsters too.
When the dust clears it’s going to be obvious that outside of the nifty and genuinely value-creating use case of e-commerce for illegal drugs, the entire crypto “industry” will have proven to be completely composed of either naive speculators or outright criminals, with the latter having completely consumed the former.