Crypto brands that survive this bear market could be the 'Amazons and eBays' of tomorrow 🤯 The rather upbeat remarks were made by someone pretty surprising... the deputy governor of the Bank of England 👀
The dramatic crash of the crypto markets is comparable to the dotcom bubble bursting, a senior Bank of England official has said.
"A lot of companies went, but the technology didn’t go away. It came back 10 years later, and those that survived — the Amazons and the eBays — turned out to be the dominant players." To make matters worse, sentiment about the global economy has soured because of soaring inflation and interest rate hikes.
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