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Current crypto craze has the makings of another Tulip Mania
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moneycontrol.comAs a first-hand witness to, and victim of, the turn-of-the-century dot-com boom and bust, the present crypto craze is seriously alarming. The ingredients are similar enough to evoke a strong sense of déjà vu.
Now, as then, there was the early and extraordinary success of a handful of investors which set off the mad rush in which people were in a hurry to leave well-paid jobs and plunge themselves into the newest lottery in town. It is the same with the current craze about cryptocurrencies.
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