"..... and there is no new thing under the sun." - Ecclesiastes 1:9

One need only look back to the dot-com bust in early 2000. IPO mania! Sky-high valuations! Absurd P-E ratios!

98% of those internet startups just disappeared.

A few (Amazon, Ebay, etc went on to become powerhouses) and corporate interests went on to dominate the internet space.

This is why I think Ripple will be the template for the future.

All of the "dreamers" out there that think cryptos will remain decentralized and outside the system are delusional. Blockchain is the real miracle, not Bitcoin/Litecoin/Dogecoin.....

The reason Amazon does not accept Bitcoin is because they are big enough to make their own and it will dwarf all of the existing cryptocurrencies combined!!!!

Same with Google, Walmart, BOA, JP Morgan, and the list goes on and on.