In the earliest days of the internet, “websites proliferated rapidly, as did dreams about what this new technology might make possible. This mania led to the dot-com bubble, which, critically, fueled massive investments in telecoms infrastructure. Yes, the companies like Worldcom, NorthPoint and Global Crossing making these investments went bankrupt, but the foundation had been laid for widespread high-speed connectivity.”
Source: https://www.coindesk.com/tech/2022/05/25/what-impact-will-a-bear-market-merge-have-on-ethereum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines