The current crisis in the cryptocurrency industry will lead to its purification, and the breakthrough projects launched during the bear market “will always succeed. That was the opinion of billionaire Mark Cuban in an interview with Fortune.
He compared traditional stocks and the cryptocurrency market. According to the entrepreneur, companies “held on to cheap, easy money but with no real commercial prospects” are in danger of disappearing.
“As [Warren] Buffett says, ‘It’s only as the tide begins to turn that you can find out who’s swimming naked,'” Cuban noted.