A16Z is obviously motivated by quick money because they can flip tokens much faster than traditional VC investments — exits happen in months rather than years.

A16Z is obviously motivated by quick money because they can flip tokens much faster than traditional VC investments — exits happen in months rather than years. It’s a brilliant money-making scheme while it lasts. One Turing winner’s opinion shouldn’t be given undue weight. Kary Mullis was a Nobel Prize recipient who used his scientific clout to advocate for the once-popular claim that HIV doesn’t cause AIDS even after evidence was overwhelming: https://en.wikipedia.org/wiki/Kary_Mullis https://en.wikipedia.org/wiki/Kary_Mullis Excellent scientists can be wrong outside their narrow field of expertise.