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.
In an analytical note, Bank of America researchers called bitcoin one of the greatest bubbles in history.
CoinDesk Editor Pete Rizzo puts forth an alternate way to think about crypto valuations – one that might poke holes in critics' bubble talk.
There has to be broad-based value to society if blockchain technology and the market it supports are to survive and prosper, argues Michael J. Casey.
This mania is incentivizing the formation of collaborative networks of developers and entrepreneurs. Their ideas will shape the economy of the future.
A Goldman Sachs exec believes that cryptocurrencies – at least those that might one day be created by central banks – could be "incredibly useful."