Speaking as someone who experienced both the dot-com crash and the financial crisis from ground zero, this feels nothing like them. I did not see widespread risk taking across the board. A lot of Gen Xers, such as myself, almost instinctively recognized current bubbles and either steered away from them or played them as such. People are also a lot more financially savvy. Even if people made leveraged bets, they leveraged with options instead of loans which meant they didn't lose more than what they committed. Sure, some parts of crpyto is very fluffy but I still don't think it is all that widespread.

I think a lot of people calling for a great crash will be disappointed this time around.