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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is your argument that the market caps of cryptocurrencies are too high, or that the general interest in them is too high?
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Ethereum has roughly the same market cap as Docker, which doesn't seem that outlandish
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I read a lot of words in that article but it was all "you'd assume X is bad, but actually". No regulations, no transparency...?!
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If it's not a con, I'm very disappointed in America's con men for missing a great opportunity
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