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Comment by pavlov

Crypto people love to say “it’s the early days.”

But it’s not. Bitcoin is 13 years old. At that age, Windows was on >90% of the world’s computers. Java at age 13 had taken over enterprise software and was about to conquer mobile via Android. Cryptos are used by maybe 0.1% of computer users (if we’re very generous about what exactly constitutes usage). Considering the amount of investment they are an expensive failure by any normal metrics like monthly active users.

It’s not the early days. Rather these are the last days for VCs to sell you this tired old thing before the novelty wears off, and that’s why they are so frantic about pushing it via Hollywood celebrities and whoever else they can muster with money.

parent pavlov 4 years ago

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