Great overview for anyone starting out in cryptocurrencies by Ben Thompson
I would not be surprised if the ongoing run-up in cryptocurrency prices proves to be, well, a bubble. However, bubbles of irrationality and bubbles of timing are fundamentally different: one is based on something real (the latter), and one is not. That is to say, one is a myth, and one is merely a fable — and myths can lift an entire species.
https://stratechery.com/2017/tulips-myths-and-cryptocurrencies/
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Super post