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I read this and think ".. and a16z is doubling, even tripling down on cryptocurrency?" Do they not have the self/brand awareness that they are over-indexing on

• TimJRobinson 4y ago
  Hacker news is a bubble of crypto haters, everything positive gets downvoted here. There are hundreds of apps in DeFi, was 250B invested, over 10MM paid per day just in transaction fees, and 20k developers. The amount of users is growing as fast as the internet was during the 90s (we're equivalent to 1998 now) and almost every usage graph is up and to the right exponentially. Can see many of the metrics at https://defillama.com https://defillama.com and https://link.medium.com/readqva7brb https://link.medium.com/readqva7brb Ethereum by the metrics looks like the greatest startup investment of all time. It was also the quickest to reach $500B market cap. But alas many are going to miss out because they miss the forest for the trees. A16Z is definitely making the right moves based on the metrics. HN folk are blinded by emotions, and not bothering to do the research. The person you're responding to doesn't even know DeFi. If you want to understand what DeFi is check my post history. I often talk about it yet every crypto thread is always the same dumb "only criminals use it" comments voted to the top.