I really dislike comparisons to the internet here. When the web burst onto the scene, it became useful almost immediately, and not just to people trying to make money off of it. When the dot com crash happened, a third of the developed world was already using the internet, and the growth in internet usage was not affected at all.
The dot com crash was a speculative bubble, yes, but it occurred because everyone knew that the internet was taking over and about bring in an obscene amount of paying customers. If crypto becomes as revolutionary as the internet, we’ll know, because it’ll be obvious to everyone, not just a handful of insiders.
I really dislike comparisons to the internet here. When the web burst onto the scene, it became useful almost immediately, and not just to people trying to make money off of it. When the dot com crash happened, a third of the developed world was already using the internet, and the growth in internet usage was not affected at all.
The dot com crash was a speculative bubble, yes, but it occurred because everyone knew that the internet was taking over and about bring in an obscene amount of paying customers. If crypto becomes as revolutionary as the internet, we’ll know, because it’ll be obvious to everyone, not just a handful of insiders.