He makes a lot of valid points. But he seems to be a Bitcoin maximalist, there’s clear bias especially where he refers to Vitalik as a scammer.
Yeah, stopped reading at exactly that moment.
I agree with this. But, the prestigious credibility of andreesen horrowitz, as well as the financial power they wield over tech startups, means nothing will occur. Crypto is great for a VC because it offers liquidity years before traditional startup investments.
a16z invests in a lot of coins and a lot of startups. Most of them fail, and some of them have very high returns. That's VC investing. There's nothing scammy about it.