Lionel Laurent Bloomberg

The cryptocurrency crowd has wasted no time in dancing on the grave of Chinas "FUD" (internet speak for fear, uncertainty and doubt).

It wouldn't be the first time that Europe's smartest and most promising tech startups have been gobbled up by the behemoths of Silicon Valley and Seattle.

The future of the tech industry was once decided by messianic entrepreneurs pumping out their sermons to rapt crowds in cavernous arenas.

The forthcoming European parliamentary election was meant to be Facebook's big chance to please a constituency that trashes it on a regular basis: Politicians.

Spotify Technology wants the European Union to probe Apple over the 30 percent cut of paid subscriptions that it takes from App Store vendors.

For many people, it probably sounds a little rich to hear the European Union accuse Silicon Valley of being a graveyard of innovation.

Where does it go from here? True believers are betting on a simple repeat of past asset bubbles, like dot-com stocks or real estate.

The cryptocurrency crowd has wasted no time in dancing on the grave of Chinas "FUD" (internet speak for fear, uncertainty and doubt).

It wouldn't be the first time that Europe's smartest and most promising tech startups have been gobbled up by the behemoths of Silicon Valley and Seattle.

The future of the tech industry was once decided by messianic entrepreneurs pumping out their sermons to rapt crowds in cavernous arenas.

The forthcoming European parliamentary election was meant to be Facebook's big chance to please a constituency that trashes it on a regular basis: Politicians.

Spotify Technology wants the European Union to probe Apple over the 30 percent cut of paid subscriptions that it takes from App Store vendors.

For many people, it probably sounds a little rich to hear the European Union accuse Silicon Valley of being a graveyard of innovation.

Where does it go from here? True believers are betting on a simple repeat of past asset bubbles, like dot-com stocks or real estate.