Ethereum co-founder Joseph Lubin said that he does not view the decline in the value of cryptocurrency as a constraint on the growth of the industry. In his recent interview with Bloomberg, Lubin said that the drop in prices is not a new phenomenon. It was present in the "ecosystem of the blockchain since 2009 - from the moment Bitcoin was invented."
He also noted that, despite the declining value of the cryptocurrency, price bubbles will appear to be "small bumps on the chart", because "growth was exponential".