Crypto hasn’t Even Had It’s Dot Com Bubble Moment

From 1995-2000 over 5 Trillion dollars was invested into internet/tech stocks, in what is now today known as the Dot Com Bubble.

There were multi billion dollar acquisitions of two year old companies by the most established companies on Wall St. Famously Time Warner and AOL had a 182 Billion dollar merger which was one of the greatest disasters when dial up was obsoleted two years later. Time Warner at the time was one of the best companies on Wall St at the time.

Remember these are all 2000’s dollars, a dollar in 2000 is ~1.72$ today. Cryptos market cap peaked at 3 Trillion last bull run and crypto is global.

Crypto may not ever have a full fledged dot com moment but it certainly has not happened yet. Companies are just starting to dip their toes into crypto, Bitcoin just turned 14 years old, Ethereum is 8 years old.

The technology is still incredibly new and it’s use cases/potential is still mostly unknown to most industries. Don’t let anyone convince you that it’s too late.