4 ms·
I think you got your timeline a bit mixed up. the EV and blockchain craze happened during and BECAUSE of the pandemic. It was the rise of inflation that brought
by autokad 3y ago
I think you got your timeline a bit mixed up. the EV and blockchain craze happened during and BECAUSE of the pandemic. It was the rise of inflation that brought everything down starting in February of 2021. (yes, blockchain had a previous bubble, but that ended in 2018).
This is why bitcoin and the nasdaq both peaked in December 2021. But those EV spacs were already in a world of hurt since Feb.
- asadotzler 3y agoNah, the hype cycle for both started a decade ago, long before the pandemic.