If you’ve been following Bitcoin and crypto for more than a few months, you will have almost certainly heard someone comparing cryptocurrency — and blockchain — to the early internet. Well, there are many parallels between cryptocurrency today and the internet at the turn of millennium, not least in terms of both resulting in bullish market activity that skeptics regard(ed) as a bubble. However, it’s still far too early to say just how impactful cryptocurrency will be, and it’s arguable that the data comparing crypto to the internet has been misinterpreted and exaggerated.What are the similarities and differences between the two.
Some tweets comparing cryptocurrency and the Internet:
https://twitter.com/CoinCornerDanny/status/1408342142657892355https://twitter.com/BTC_Archive/status/1408134902130917378Well, at some point we can really compare the two based on what they went through before they become regulated all over the world. The early internet has been seen as a threat at first and many people are against it, likewise with crypto wherein there are countries that considers it as an economical threat and the government is against it cause if not, then it would have been legalized already and there are no countries that are banning the mining and the services of it. It's natural to people to fear something new that could make a huge impact someday since they are not yet certain if it would be in positive way or the other.