The thing about the crash is that it very much did happen, but it is Western-centric and console-centric (well, and it included arcades to a degree; they didn't disappear altogether, but they were never as remotely popular in the US ever again, not even at the height of the 90s fighter craze). It's just that it doesn't especially matter that it is because non-Western gaming barely existed and had little impact prior to the crash (it had already begun when the Famicom was released, and the Famicom took some time to take root too, for that matter, though not because of the crash, which didn't matter a hoot to Japanese gamers; I imagine a lot of Japanese gamers probably don't even know about the crash of the Western market). Similarly, PC gaming didn't really take off until after the crash, partially because it actually benefited from the crash in that those who still wanted to make or play games shifted over to PCs. So, sure, you could be like "What crash? I was still playing new games." but the very fact that PC gaming was blossoming, and then later Japanese gaming in the US, is because space had been made for them by clearing out the Western home consoles.