2 ms·
The principal question, is whether or not there are any Google or Amazon equivalents. Nearly all of the late 90's internet startups went bust, in many cases af
by rossdavidh 4y ago
The principal question, is whether or not there are any Google or Amazon equivalents. Nearly all of the late 90's internet startups went bust, in many cases after spending a lot of startup money and accomplishing little. However, there were a few that had viable business models. The question of whether or not any of the cryptocurrency companies today actually have a viable business model, is still open. One could perhaps imagine Block (formerly Square) finding a way to survive, and making crypto some part of that.
So, if a couple of crypto companies manage to survive: there is no difference. If not, the difference is that it was an "emptier" bubble than the .com one.