What was the start date of the dot-com bubble in relation to the rise of cryptocurrencies?
sirish officialDec 26, 2021 · 3 years ago1 answers
When did the dot-com bubble start and how does it relate to the emergence of cryptocurrencies?
1 answers
- Dec 26, 2021 · 3 years agoThe dot-com bubble began in the mid-1990s and reached its peak in early 2000. It was a period of rapid growth and investment in internet-based companies, many of which were overvalued and eventually collapsed. The rise of cryptocurrencies, however, started in 2009 with the creation of Bitcoin. While the dot-com bubble was driven by speculation and a lack of understanding of the internet industry, cryptocurrencies are based on blockchain technology and offer a decentralized and transparent financial system. The dot-com bubble and the emergence of cryptocurrencies are both examples of how new technologies can disrupt traditional industries and create new opportunities for investors.
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