It took the world by storm once people could connect to it, and viable and useful ideas and applications (browsers, search engines, eCommerce, filesharing, etc) proliferated at breakneck speed.
Internet had no competition from any other industry. It was nothing like anything that ever existed. In terms of Internet's development itself, we went from dial up to optical fibers. People in 21st century who use internet have no idea about pains of dial up connection.
Crypto is replacing something that has existed for centuries - the financial system. The financial system being challenged has itself kept up with changing tech, albeit slower than expected. This system is corrupted, exploitative and doesn't provide equal opportunities to all who use it. Crypto has to better the existing system by making things better. But the main point is, crypto itself is the next evolution of financial industry. Internet was a new industry of its own.
If Crypto is so revolutionary, it should have resulted in radical changes within the entrenched financial industry. All we've seen is regression (Stripe supported bitcoins from 2014[0]-2018[1] for eg).
That's what happens when you only look at Stripe. smh.
Pretty sure every major financial institution is buying crypto because it's obviously superior to the dying and corrupt printer and fax system.
Right now cryptocurrencies have taken off to an extent. Everyone knows about them but the eco system is a giant mess.
Amazon was launched in 94. My dad was buying books from Barnes and Noble and Amazon and having them sent internationally around 96. By the end of the 90s the internet had 250M users carrying out all kinds of activities, including commercial.
The comparison with crypto just does not stand its ground. It's been 13 years and counting and there is barely anything to show for it except a lucky few people riding Lambos.
[1] https://stats.areppim.com/stats/stats_internetxfcstx2017.htm
https://markets.businessinsider.com/currencies/news/crypto-u...
The dot com bust, which was around 99/00, was a build-up of huge economic expectations around the internet indeed. Granted that this bubble was mostly caused supply-side (many companies barely had users), but the internet as a whole had millions and millions of users, ~250M circa 99 [1], carrying out all sorts of activities.
Whether most end-users were aware of its true potential is irrelevant - the comparison to crypto, both in terms of timelines (13 years and counting with few applications to show for it) and usefulness, is preposterous.
[1] https://stats.areppim.com/stats/stats_internetxfcstx2017.htm
We're at 12 years of Crypto and "a tech of the future" is now an increasingly difficult proposition to make as we're nowhere near real usecases.
[0]: https://www.visualcapitalist.com/how-long-does-it-take-to-hi...
Edit: Also, no response to the SSO use case I shared??