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RE: Cryptocurrencies crash!? Don't worries. Let me tell you what will happen next.

in #hot7 years ago

Hey thanks for the post, it was really informative. It really makes sense. I think we are in the midst of a revolution. It is like the bitcom boom at the beginning of the century. They said it was a dot.com bubble but it was no bubble gigantic oligarchic technology companies (like google, amazon, apple, samsung) dominate the world since then and now the next disruption with internet 2.0 or industrialization 4.0 as some call it comes, disrupting the oligarchy of the few ultra big companies and replacing it with a plethorra of much smaller and decentralized companies and services and technologies where the producer surplus shrinks and the market corrects itself. It's good for the overall economy it's a step to functioning market based capitalism. Down with the old monopolistic oligarchy of the big players, power to the people. Heil Crypto.

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You are absolutely correct. This is like the internet bull market in 1993. It wasn't really a "bubble" until 2000. This is early days.