I want to call attention to the worst scammers in the “crypto” space, A16Z
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Re: I want to call attention to the worst scammers in the “crypto” space, A16Z
#2[dead]
Re: I want to call attention to the worst scammers in the “crypto” space, A16Z
#3He makes a lot of valid points. But he seems to be a Bitcoin maximalist, there’s clear bias especially where he refers to Vitalik as a scammer.
Re: I want to call attention to the worst scammers in the “crypto” space, A16Z
#4I agree with this. But, the prestigious credibility of andreesen horrowitz, as well as the financial power they wield over tech startups, means nothing will occur. Crypto is great for a VC because it offers liquidity years before traditional startup investments.
Re: I want to call attention to the worst scammers in the “crypto” space, A16Z
#5[dead]
Tons of useful innovation? In ten years of crypto I have yet to find one meaningful “innovation” that can have any impact on my life
Re: I want to call attention to the worst scammers in the “crypto” space, A16Z
#6[dead]
All of what you said could be true and he could still be 100% correct about everything in his thread. Do you have any arguments or evidence that actually undercut his claims?
Re: I want to call attention to the worst scammers in the “crypto” space, A16Z
#7[dead]
Tons of useful innovation? In ten years of crypto I have yet to find one meaningful “innovation” that can have any impact on my life
I also have yet to find an innovation in robotic arms that have any impact on my life. /s
You're speaking from a state of privilege and good luck, because your banking system works for you. People also live in countries where the banking system sucks and receiving remittances in incredibly expensive.
Re: I want to call attention to the worst scammers in the “crypto” space, A16Z
#8a16z invests in a lot of coins and a lot of startups. Most of them fail, and some of them have very high returns. That's VC investing. There's nothing scammy about it.
Re: I want to call attention to the worst scammers in the “crypto” space, A16Z
#9Earlier quoted context omitted.
Tons of useful innovation? In ten years of crypto I have yet to find one meaningful “innovation” that can have any impact on my life
I also have yet to find an innovation in robotic arms that have any impact on my life. /s You're speaking from a state of privilege and good luck, because your banking system works for you. People also live in countries where the banking system sucks and receiving remittances in incredibly expensive.
And you're not? Bitcoin and crypto-currencies do not solve this problem either. There are thousands of reasons many of us are completely fed up with crypto, the biggest of which is the supporters push the same discredited B.S. every single time.
You are wrong. Crypto is wrong and a net-negative to society. There is no benefit to anyone outside of scams and fraud and stealing people's money.
Put up, or shut up.
Re: I want to call attention to the worst scammers in the “crypto” space, A16Z
#10Earlier quoted context omitted.
I also have yet to find an innovation in robotic arms that have any impact on my life. /s You're speaking from a state of privilege and good luck, because your banking system works for you. People also live in countries where the banking system sucks and receiving remittances in incredibly expensive.
And you're not? Bitcoin and crypto-currencies do not solve this problem either . There are thousands of reasons many of us are completely fed up with crypto, the biggest of which is the supporters push the same discredited B.S. every single time. You are wrong. Crypto is wrong and a net-negative to society. There is no benefit to anyone outside of scams and fraud and stealing people's money. Put up, or shut up.
Crypto definitely fixes remittances.
And with self-custody crypto fixes bank runs, hyperinflation, and many other problems.
Many people push the same BS narrative over and over: that crypto is just a bunch of scammers. The Internet is full of scammers, too; just check your spam folder.