Viewing a response to: @numpypython/a-bank-analyst-thinks-cryptos-could-be-worth-usd10-trillion-in-15-years
Good analysis. I am rather new to the cryptocurrency world, and I am looking to learn all I can so I found your article informative. I agree with what you had to say about bubbles. Some of the value increases may be due purely to speculation, but these currencies are designed to serve a purpose, so even if some bubbles burst I think there would still be some real value left in many of them. And we could still be in the early stages of this whole process.
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| author | magic-sasquatch |
| permlink | re-numpypython-a-bank-analyst-thinks-cryptos-could-be-worth-usd10-trillion-in-15-years-20180108t140806303z |
| category | crypto |
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Indeed, just as with the dot-com bubble, there were good companies like Amazon, Cisco and there were terrible companies like pets.com. In the end, 16 years after that bubble crashed, we're higher than we were back then. :)
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| author | numpypython |
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Good point, the quality companies endured the bubble bursting. Also, the housing market has climbed back from what I understand. As long as there are products of substance, they will endure a speculative market correction, and cryptocurrencies definitely have usefulness. The cryptocurrency blockchain system is likely the future of money from what I can see.
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