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VCs do not believe in btc. If you hate VCs, buy btc.
by hfsp 6y ago
VCs do not believe in btc.
If you hate VCs, buy btc.
- PedroBatista 6y agoVCs believe what they see as an opportunity to make money and say what the right people want to hear. Some believe in btc, others don't.
- hfsp 6y ago>*VCs believe what they see as an opportunity to make money and say what the right people want to hear.* Agree 100%. >Some believe in btc, others don't. Let's be real. The split is closer to a handful of independent VCs like Chamath, Draper, Thiel are heavily in. No idea on data, Pareto maybe. Maybe fatter. The rest of the pack is massively short. The rest of the pack is looking for "crypto" and "the next" btc, dabbling in borderline/securities peddling as decentralized, icos, icos v2 in defi... VCs are easily short btc. VCalacanis admits to getting destroyed by his wife's HODL of btc.