3 ms·

I had plenty of opportunity to "get in" on the bitcoin - I did some trades back when it was in 1000$ range and thought it was an interesting peace of tech with

I had plenty of opportunity to "get in" on the bitcoin - I did some trades back when it was in 1000$ range and thought it was an interesting peace of tech with potentially great future. I even did a POC of a smart contract back when ETH was <100$. Ever since then I've seen very little practical applications and soo much bullshit - I would never "invest" into anything crypto related even if the payout was guaranteed - for the same reason I wouldn't go work for a betting company, hack people for money or run scams - that's not how I want to make money, and I do feel contempt for that entire "movement".

dubswithus 4y ago
You feel contempt because you got “justed” like all the other high earners here. It’s “just” a decentralized database. Most startups on AngelList are a waste of space, time, money, and employment. No different with blockchain.
- moonchrome 4y ago
  >Most startups on AngelList are a waste of space, time, money, and employment. No different with blockchain. One huge difference - crypto had the time and money to find it's market. I was optimistic at first - but then it turned out to be a toxic cesspool fueling speculation, gambling, money laundering and other illegal activities, causing HW supply disruptions, burning insane amounts of electricity. Getting into it just because I might randomly get rich goes against my ethos.