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by galaxytachyon
1132 days ago
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When only a few of them followed the hype, yes, it can possibly go nowhere. But when the entire industry, experts and non-experts included, are fascinated and obsessed with the same thing, it is more likely to be something real. An easy example is the first iPhone. Another more negative example is bitcoin which even though it is probably a scam, its values and influence on society has massively grown more than what it was 1 year after released. Even though it has been a disappointment technologically. |
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This is a perfect description of cryptocoins and similar technologies. I've witnessed literally illiterate people buying coins and selling the idea to others.