👍 [Analysis] How the crypto crash could be good for crypto – Tyler Cowen
Tyler Cowen argues that the popping of bubbles can be good as it brings prices back to reality, imposes discipline, and identifies the most useful innovations. The shifting rhetoric from easy ICO money to a more cautious tone will help bring greater focus and relevance to the crypto space. The industry still has a lot of problems and work to do and the price crash can help people focus on building instead of speculating.
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