mETH Heads: "I have A GREAT IDEA, let's build our blockchain's reputation around selling investments wrapped up in incomprehensible technical and financial jargon to the general public! Two subjects the public is most ignorant in! We'll make billions!
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I don't mean to speak ill of any engineer or all of the hard work that people put into projects. It is hella impressive to witness all of the engineering talent. This was only in reference to the get-rich quick scheme crowd. Silicon valley has warped peoples expectations in tech
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Oh yeah trust me I’ve seen my fair share of overhyped / nonsensical ideas coming out of the valley & I’ve only been here a few years
Uber-for-X, blockchain-for-Y, chatbots, IoT, machine learning etc. there’re some phenomenal engineering tho. -
The ratio of good/bad ideas in crypto might not be all that different relative to the larger tech industry. What’s uniquely different about crypto is the ability to scam money from a large number of people. In traditional tech, the damage is kept local to the VCs.
End of conversation
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I didn’t mean to come off as condescending.
just pointing out the subtle difference