Why are hyperlinks blue?

But now, I find myself all consumed by the question, WHY are links blue? WHO decided to make them blue? WHEN was this decision made, and HOW has this decision made such a lasting impact? 

I turned to my co-workers to help me research, and we started to find the answer. Mosaic, an early browser released by Marc Andreessen and Eric Bina on January 23, 1993, had blue hyperlinks. To truly understand the origin and evolution of hyperlinks though, I took a journey through technology history and interfaces to explore how links were handled before color monitors, and how interfaces and hyperlinks rapidly evolved once color became an option.