Last couple of times I had this strong a sense of “wow, people are really buying into the hype with cult-like fervor” was 2007 in the Icelandic financial bubble and 1999 in the dot-com bubble. I don’t think crypto came close, even at its peak
... works as a web developer in Hveragerði, Iceland, and writes about the web, digital publishing, and web/product development
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Last couple of times I had this strong a sense of “wow, people are really buying into the hype with cult-like fervor” was 2007 in the Icelandic financial bubble and 1999 in the dot-com bubble. I don’t think crypto came close, even at its peak