Blockchain fervour evokes memories of dotcom bubble

in blockchain •  7 years ago 

When shares in a company led by a self-styled “global techno entrepreneur” and “financial wizard” increase 10-fold on news that it has acquired a digital currency business, the echoes of the dotcom bubble are too loud to ignore.

Analysts and investors said the excitement around bitcoin and blockchain technology was now reminiscent of the period almost two decades ago, when adding dotcom to a company name could drive a buying frenzy.

Read More Here: https://www.ft.com/content/40ec964a-e429-11e7-8b99-0191e45377ec

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