Crashes, bubbles, and busts have little impact on technology’s long-term development. Looking back from 2018, the dot.com bust did not slow ecommerce’s development.
Crashes and busts will make cryptocurrency stronger. For example, the dot.com bust killed off most of the weak, fraudulent, and unrealistic internet stocks. For instance, garbage like Pets.com, Boo.com and Webvan went down the drain. On other hand, good companies like Amazon got stronger.Read more