How did the October 19, 1987 stock market crash affect the adoption of cryptocurrencies?

1 answers

• Patrick LegaspiDec 20, 2024 · 8 months ago
  The stock market crash of 1987 had little to no effect on the adoption of cryptocurrencies. At that time, cryptocurrencies did not exist, and the concept of decentralized digital currencies was not yet developed. The crash primarily impacted traditional financial markets and did not directly influence the future development or acceptance of cryptocurrencies. It was not until the late 2000s and early 2010s that cryptocurrencies gained significant attention and adoption. Therefore, it is unlikely that the stock market crash of 1987 had any meaningful impact on the adoption of cryptocurrencies.
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