“Bubbles are usually built on some revolutionary new technology. Whether it’s railroads or automobiles or dotcom. This bubble has the potential to be bigger than all of them. Money is involved in every transaction we make. I watched a talk by Conservative MP Douglas Carswell at the Russian Embassy on Monday night. Carswell too is convinced that, just as happened with music and books, with retailing and information, digital technology will revolutionise money. Banks and governments will lose their monopoly. And as the Atlas Pulse newsletter observes, whether it was gold in the ‘70s, Japan in the ‘80s or dotcom in the ‘90s, each bubble grew to a value equivalent to the entire S&P.”
http://moneyweek.com/bitcoin-and-cryptocurrencies-the-new-dotcom-stocks/
Tip Freedomwat.ch Staff with Bitcoin