Re:Bitcoin Bubble Makes Dot-Com Look Rational
by Nursie on Tuesday November 28, 2017 @09:30AM
(#15797555)
Indeed they are, I'm just pointing out that such can be fleeting. Facebook in particular is a good example of a second or third generation product gaining dominance.
I'm not sure "price discovery" is really what we're doing at the moment.
I am simply pointing out that networks are valued with reference to their size, not on whether their code base is unique.
Bitcoin and Facebook are two examples of this principle.