Early car manufacturers and crypto have a couple of things in common :)
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Good post. Perhaps we are not in a bubble at the moment. Mainstream is still far away from crypto. We will surely be in a bubble when I hear my sister telling me that she invested in crypto!
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I agree with you Ivan, and i also think the comparison to the early car industry is good:)
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I think that the correspondence between the car manufacturing in the early 20th century and the crypto start ups is pretty spot on. My guess is that more than 95% of these tokens will be gone in less than 5 years.
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I agree, there will only a few successful cryptos in a few years and I have no clue which ones will survive...
I´m not even sure if Bitcoin is one of them...
So let´s stay tuned - Exiting times ahead!
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Thanks Ivan!
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Good post, you're probably right.😐
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I think both are pretty good and also a bit scary.
We shall see what the futre brings
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crypto can take us to the moon though :)
thanks for another video. we're still missing your plant tree
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Hi ivan! keep on providing news, thank you!
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I like how you added perspectives from the audience and built on the last discussion! Is it messed to hope the world economy will fail sooner rather than later so that crypto can grow faster?
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Even in 1800s, there was a railway bubble.
Railway trains used to take lesser time. So, they invested on it. Soon, it crashed.
The graph was exactly the same as the Bitcoin crash in year 2014.
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The historical parallel is fascinating--especially the list of defunct car manufacturers! That said, the cycle of innovation between the heavy manufacturing market is a stark contrast to the current hyper-pace of the digital innovation; digital innovation have different cost drivers and operate under different market structures. I tend to agree that many startups in this space are fundamentally seeking to address similar problems. I'm curious how the removal of defunct cryptocurrencies will impact overall liquidity or if there will be domino effects.
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I follow you on Youtube! continue the great job! Let's make the world a crypto world :)
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thanks for sharing
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