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True, but there is a long list of "smart" intellectuals/academics/investors who are believers in the space, which is where "am I going insane?" part comes in.

So, how much do you trust your own intelligence? When has it failed you?

I think you have too much hubris. What do these people know that you do not? What non technical things do they know that you do not, that totally change the context and the reasoning behind these solutions?

I am not sure if you are trolling, but this is exactly why I posted this... Far from being hubristic, I feel I am missing something and want to figure out what it is.

Agreed.. It's seems like an answer to a question no-one asked. It solves a problem no-one had.

> It solves a problem no-one had

Actually it solves the problem of a lot of money given to VCs by LPs that is just sitting around unspent.

Consulting fees must flow.