11 years ago
2
Is Bitcoin a joke? People thought that about the internet too.
Bitcoin has enjoyed a meteoric rise over the last 18 months. The value of one unit of the cryptocurrency has soared from $13 at the beginning of 2013 to $600 today. Investors have poured millions of dollars into Bitcoin-based startups. And Bitcoin got a surprisingly warm reception in its first Congressional hearings last fall.
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Why would people think the internet was a joke in 1994? I don't remember any of that.
I find it silly to compare the two. Bitcoin basically requires the internet.