In 2021-2022, everyone was hyped about crypto. SV too. But even so, the crypto to non-crypto ratio is much lower in SV than in Taiwan (and Asia in general such

In 2021-2022, everyone was hyped about crypto. SV too. But even so, the crypto to non-crypto ratio is much lower in SV than in Taiwan (and Asia in general such as HK, Taiwan, Singapore, Thailand, Vietnam, South Korea). In general, people in SV are far more skeptical of crypto. Asia is/was doing a lot of crypto because the people and governments there perceive it as an opportunity to build their own tech communities, like Silicon Valley. They can't catch SV in traditional tech companies, so they want to jump onto the next "big thing". What the governments don't understand is how crypto is only used for exploitations. And crypto companies are notorious for overselling the use cases and "technology" of blockchain since that's how they make money: marketing before building. This is why I encourage Taiwan's tech scene to not waste talent on blockchain/crypto.