07 Apr CRYPTOCURRENCIES GREATER MIND SHARE THAN MARKET SHARE
Cryptocurrencies have captured investor attention due to sky-high historical returns. We think a good analogy to today’s crypto market is the tech stock bubble of the late 1990s. Underpinning both was a fundamental revolution – the explosion of the internet in the late 90s, and the emergence of blockchain technology this cycle. Like the late 90s, there will likely be casualties as the early pioneers fade away. But the potential economic efficiencies of blockchain technology are likely to lead to some big winners as well.
No Comments