Peter Theil on why the growth of cyptocurrencies is not the same as the dotcom bubble

Pretty interesting. He says that since institutions are still not involved its growth so far is very different than when we had the huge growth in the dotcom bubble. Seems to me he is saying its much more organic ie pushed by the people than by people trying to make money from you. What do you guys think?
https://m.youtube.com/watch?v=IY14NQEJXu0

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