Harvard Business Review on why VC firms are attracted to the IRR of ponzi schemes: https://hbr.org/2017/03/what-initial-coin-offerings-are-and-why-vc-firms-care …
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Ever read (or watched, but read it) The Big Short? If you were in mortgages and looking at all, the world had just gone absolutely mad.
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VC firms are pitching pension funds on 2000% returns demonstrated by cryptocurrencies pitched as general purpose computing platforms.
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Don’t apologize. It’s extremely interesting! Esp. for someone like me who doesn’t follow Bitcoin day to day.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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