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This is effectively funded by all the student loans and double mortgages that FOMO drove people to trade real money for virtual commodities at the peak of last year's bubble. I'm calling it. We have reached peak blockchain hysteria. This is "if you build it they will come" on the blockchain.


Judging by the charts, peak blockchain hysteria was around December 2017.


The speculative pricing bubble and the hype around the technology are two different things.




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