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The article starts out with this quote: """ “The four most expensive words in investing are: ‘This time it’s different.'” """ And then proceeds to talk abou
by abetusk 5y ago
The article starts out with this quote:
"""
“The four most expensive words in investing are: ‘This time it’s different.'”
"""
And then proceeds to talk about cryptocurrency as a bubble.
The same rhetoric was used for email, webcams, web browsers, and internet companies (dot-com bubbles, VCs etc).
This time is much the same. There's a lot of hype and a lot of hate. Behind the hype is real technology that is in the process of being deployed.