it is certainly an interesting point of view towards bubbles but I still wouldn't call bubbles good.
Once popped we are left with cheap infrastructure that can be snapped at a huge discount with companies with the same goal. Because the costs are so much cheaper it makes it was easier to operate long term.
it would be cheaper compared to the peak but still not cheap compared to when they get in early. for example when bitcoin latest bubble burst price came down to $10k+ and even after all the FUD and manipulation,.... the price went down to near $6000. it is cheaper than the ATH obviously but it is not cheaper compared to those companies that came in last year when price was $1000 or even late last year near the end of the year when it was $4000