An excellent essay on DeFi and crypto! As a crypto VC for a few years, I could attest to the statements that the space is mainly speculation and filled with scams and bound-to-fail startups. On the other hand, Bitcoin remains the digital, hard, sound money with a clear value proposition to separate Money from State and to solve the problems of savings and payments. People should view Bitcoin differently from crypto, while maintaining a healthy prospect and skepticism towards the potential applications of blockchains.
sadly agree with what u say.
excellent essay bro
An excellent essay on DeFi and crypto! As a crypto VC for a few years, I could attest to the statements that the space is mainly speculation and filled with scams and bound-to-fail startups. On the other hand, Bitcoin remains the digital, hard, sound money with a clear value proposition to separate Money from State and to solve the problems of savings and payments. People should view Bitcoin differently from crypto, while maintaining a healthy prospect and skepticism towards the potential applications of blockchains.