The key is that this is a cleansing for the industry. We will all be much further along simply because resources going to iffy projects will be available for that which can actually make things grow.
No need to be mired in the doldrums supporting bad projects.
Every bear market cleans up the trash.
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You've nailed it. This is the time to weed out all the hype and let the real ones shine.
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Markets have a way of doing that.
Each day it seems like another crypto company insolvent.
It was badly needed.
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