What was Seward's folly Did it live up to its name Why or why not?

Seward's Folly refers to the 1867 purchase of Alaska by the United States from Russia, orchestrated by Secretary of State William H. Seward. Initially criticized as a foolish expenditure for a barren land, the acquisition proved to be beneficial due to Alaska's vast Natural Resources, including gold, oil, and fish. Over time, it became clear that Seward's vision for the territory was prescient, as Alaska significantly contributed to the U.S. economy. Thus, it did not live up to its name, as it ultimately transformed into a valuable asset.