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by pjc50 1651 days ago
I guess that's from https://en.wikipedia.org/wiki/Dot-com_bubble ?

That's reported as a drop from the peak. But it doesn't necessarily reflect the real losses, in terms of initial investment. It's a number larger than the total amount of "real" M0 money in 2000, for example! Feels more like "an unrealized gain that never materialized" than "loss".

I remember that time, it was just after I graduated. There was a lot of business craziness on a scale that defi is yet to reach, although it's already hit some of my peak markers like "rename a stadium".