the one thing I disagree with my venerated friend here is that vaporware creates no long-term value
every cycle a bunch of retards get rich
some punt on new things which become the next important vaporware
over many repetitions some actually sticks and you get an AAVE or two
Another way of saying this is: of course, people who benefit from vaporware pumping will hate to see that stop.
As long as no long-term value is created for our industry through those manic phases, the money is merely extracted, and we are otherwise left in the same place, just poorer and less attractive to investors in the next round.
innovation is messy as fuck and innovation in frontier finance is double messy
keep telling people not to come work in the space though it's a good filter for keeping people who don't have the stomach for the fight out
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