Watch: There is a lot of pain in the crypto market, but think longterm (youtube.com)
Brad Garlinghouse, CEO, Ripple, joins BNN Bloomberg to discuss how he is making sense of the sell-off in cryptocurrency, and why he is drawing parallels from the early 2000 dot-com bubble.

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    Francisco Gimeno - BC Analyst The whole crypto market is just a part of the digital innovation when the blockchain starts to be used, and other tech developments. It's like a part of a whole what we call the 4th IR. The bearish market we are living now is just a small part of a long process, which has parallels with many tech developments in history, where innovations arise, and after a time some survive some return to dust. Like it happened in the Dotcom era or in other industrial revolutions. Those involved in the market are hurting, with some profiting, as usual, but long term, long term this is just a small dot in the history of a digital revolution, one we can imagine but will probably surprise us with many turns of the wheel.