The historical parallel is fascinating--especially the list of defunct car manufacturers! That said, the cycle of innovation between the heavy manufacturing market is a stark contrast to the current hyper-pace of the digital innovation; digital innovation have different cost drivers and operate under different market structures. I tend to agree that many startups in this space are fundamentally seeking to address similar problems. I'm curious how the removal of defunct cryptocurrencies will impact overall liquidity or if there will be domino effects.
RE: Crypto Bubble? - Ethereum Innovation cycles - Programmer explains
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Crypto Bubble? - Ethereum Innovation cycles - Programmer explains