Housing or Dotcom: Which Bubble Does Cryptocurrency Mania Resemble?
It may be fair to compare what cryptocurrency and blockchains are going through to the 1990s dotcom bubble, but not to the 2000s housing bubble.
Also: Did the CFTC "pop" the 2017 bitcoin bubble?
Far from being damaging to bitcoin, bubbles help bring in new users and ultimately accelerate the project's growth.
Those who compare bitcoin to the great bubbles of the past need to check the historical books. This moment is very different.
Commentators and analysts who say bitcoin is in a “bubble” show they don’t understand what the term means.
Italian Economy Minister Pier Carlo Padoan warned on Wednesday that cryptocurrencies are dangerous, but that blockchain technology is not to blame.