Re:Fools and their crypto
by FabHK on Wednesday January 31, 2018 @12:00PM
(#16275319)
The WWW was developed 1989, first software (browser) in 1990, first websites went live in 1991, Mosaic came out in 1993, and things really exploded from 1994 on, with Amazon, Spiegel Online (German weekly newspaper), Pizza Hut, The Economist, etc. all going online.
Dotcom bubble was 1997 to 2001.
Bitcoin white paper came out in 2008, first software release in 2009. With comparable development, we'd have expected an explosion of usage and applications from 2013 already (that didn't happen), and a bubble about 2016 to 2020 (that arguably did happen).
At any rate, the WWW was super useful (and was being extensively used) pre- and during the bubble. You cannot say the same about cryptocurrencies.
(And by the way, during the dotcom bubble there were several companies, such as Flooz and Beenz, offering digital currencies. They're all defunct now. If only they had been decentralised on the blockchain...)
Dotcom bubble was 1997 to 2001.
Bitcoin white paper came out in 2008, first software release in 2009. With comparable development, we'd have expected an explosion of usage and applications from 2013 already (that didn't happen), and a bubble about 2016 to 2020 (that arguably did happen).
At any rate, the WWW was super useful (and was being extensively used) pre- and during the bubble. You cannot say the same about cryptocurrencies.
(And by the way, during the dotcom bubble there were several companies, such as Flooz and Beenz, offering digital currencies. They're all defunct now. If only they had been decentralised on the blockchain...)