The
other thread is not bad and has earned you some merits but I would recommend you not to open too many threads just expressing what you think or people may get tired of it.
That said, you are probably right that if it were not for Bitcoin the cryptocurrency industry would have gone much further downhill and possibly collapsed, although it is very difficult to make any claims about what would have happened if what has, in fact, happened had not happened. It enters the realm of pure mental philosophy or speculation.