3 ms·
The crypto community does what every startup should do. They find the customers before they start building i.e. they build community first and in effect build p
by ThomPete 5y ago
The crypto community does what every startup should do. They find the customers before they start building i.e. they build community first and in effect build products.
To say that things aren't being build in the crypto community is simply flat out false.
It's one of the fastest developing industries and more and more talent are leaving their previous jobs or industries.
- unicornmama 5y agoTalent is pouring in because free money is gushing out from the mother of all bubbles. Enjoy it while it lasts.
- maybecrypto 5y agoApplies to me - leaving enterprise infrastructure for crypto. I think the tech is mostly useless, but the hype is real, the VC dollars are real. I want to try to capitalize on this.
- ThomPete 5y agoif you believed it was a bubble you wouldn't leave your current job.
- maybecrypto 5y agoI think the current token prices are a bubble, but I think the space itself is here to stay.
- unicornmama 5y agoWish you luck on making piles of cash. It’s here to stay? Care to share your thoughts?
- ThomPete 5y agoif the space is here to stay so is the token price, in fact we haven't even begun seeing the gains as almost no one is in this field yet.
- unicornmama 5y agoDo you get paid to write these fluff pieces?
- ThomPete 5y agoTalent doesn't have problem making money, talent is attracted to interesting problems and id attracting the money. Wonder at what point you will concede that you are wrong about this if 13 years isn't long enough to prove its not a bubble.
- unicornmama 5y ago> Talent doesn't have problem making money No where else in my career have I seen senior level engineers earn 7 figures. > talent is attracted to interesting problems and id attracting the money First part is fair, top engineers are passionate about solving challenges. Second part not so much. How can you explain that “interesting problems” is an efficient capital allocation strategy? Money is interested in making more money. Here’s an alternate hypothesis: Every few decades a bubble appears. VCs which know their history dust off their bubble playbooks and enter close to the ground floor. But this time is different because they also got to dust of the century old playbook on unregulated financial markets. > 13 years isn't long enough to prove its not a bubble. Your argument is upside down. BTC has had 13 years and is complete failure. ETH came out 6 years ago but so far the DeFi space has not provided a single useful application that touches the real economy. Today we have a basket case of post-ETH decentralized compute and storage platform options that have not produced a single killer app. Your argument is upside down. If ETH had launched in 2020 instead of 2015, we could argue for more time to try out a product market fit. But the more years of r&d without a killer app, the more confidence that it’s a bubble.
- ThomPete 5y agoIf BTC is your idea of a failure, being the catalyst for a +2 trillion dollar industry, then i guess failure isnt bad at all. Again you are just claiming things ignoring everything else. Lifes too short for haters. good luck
- unicornmama 5y agoYour arguments, much like your head, are full of hot air.
- cam0 5y agoA lot of VC firms just raised huge funds that likely have a ~10yr lifespan, and they're going to need to invest that money, so I think this whole web3 thing could actually last a long time. Retail traders buying fractions of a single bitcoin and all the memecoins will likely get squashed though.