Re:Coinbase stock lost over 75% value
by blululu on Monday May 09, 2022 @10:39PM
(#31322778)
“The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law' becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s”
-Some dude who writes for The New York Times...
[ Parent
| on HN ]
There were some “the Internet is a fad” takes, but it wasn’t a widely held viewpoint. No one pushed back on corporations putting up websites. “Crypto is snake oil” is pretty common right now, and a lot of people are rejecting NFTs.
Also, the NYT is often garbage.
https://fair.org/take-action/action-alerts/new-york-times-re...