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RE: Cryptocurrency: The Dot-Com Moment

in LeoFinance • 2 years ago (edited)

I guess you could compare that point in time to the California gold rush of the 1800s. Many prospectors. Some made their fortunes but others went bust. Just for fun, a look at the Internet Archive.org way-back machine should reveal a good sample of big names that didn't survive after the proverbial bursting of the bubble.

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2 years ago in LeoFinance by
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     2 years ago  

    True but the people selling the shovels made a fortune.

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     2 years ago  

    beautiful answer

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       2 years ago  

      I was thinking the same thing! The people who provided products and/or services to the gold miners made money whether those miners struck it rich or not. Which begs the question of what are the products and/or services which will stand the test of time overall?

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         2 years ago  

        Perhaps ASIC miners.

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