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Cryptocurrencies are not an "asset class" but a new technology that will ultimately replace all other financial instruments. ICOs will replace the entire VC ind
by staunch 9y ago
Cryptocurrencies are not an "asset class" but a new technology that will ultimately replace all other financial instruments. ICOs will replace the entire VC industry.
Watching VCs struggle to involve themselves in an industry that has no need of them is a truly guilt-free schadenfreude experience.
Marc Andreessen said it better than anyone: software is eating the world. VC is what's for dinner.