4 ms·

Talent 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 yo

Talent 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 ago
  If 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 ago
    Your arguments, much like your head, are full of hot air.
    - ThomPete 5y ago
      Ahh the last stage of loosing an argument. Personal insults. As I said, good luck.
      - unicornmama 5y ago
        I have no problem handing out personal insults to those who deserve them. Especially fraudsters.

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 ago
If 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 ago
  Your arguments, much like your head, are full of hot air.
  - ThomPete 5y ago
    Ahh the last stage of loosing an argument. Personal insults. As I said, good luck.
    - unicornmama 5y ago
      I have no problem handing out personal insults to those who deserve them. Especially fraudsters.