Fred may as well be describing the turboencabulator[0]. I get that VCs should swing for the fences, but this seems like they are totally ignoring first principl

Fred may as well be describing the turboencabulator[0]. I get that VCs should swing for the fences, but this seems like they are totally ignoring first principles when it comes to cryptocurrency/blockchain apps. [0] https://www.youtube.com/watch?v=Ac7G7xOG2Ag https://www.youtube.com/watch?v=Ac7G7xOG2Ag