Survivors of Crypto Crash Could Be the Next Amazon & eBay 

Arrow

Deputy Governor of the Bank of England Jon Cunliffe believes that the crypto winter's survivors may go on to compete with Amazon and eBay in the tech sector.

Cunliffe remarked, "The analog for me is the dot-com boom when $5 trillion was wiped off values." 

He continued, "Although many companies disappeared, the technology remained. When it returned ten years later, those who had survived—Amazon and eBay—became the major participants."

Cunliffe, though, asserts that he believes the technology and underlying concepts will survive the crisis and prosper in the long run