Replying to Avatar utxo the webmaster 🧑‍💻

If you're curious why rising star boy keeps talking about how Bitcoin is a failure and sTaBLEcOiNs are the future...

He's Just another bitcoiner who couldn't resist the get rich quick print your own tokenomics of crypto

Stay humble and stack sats
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Jameson Lopp 2y ago

Erm, Nic is a venture capitalist. It's literally their job to make asymmetric bets in pursuit of outsized gains.

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BoomTown 2y ago

…And venture capitalism dies under a bitcoin standard. Why take risk to generate high returns when you can just buy and hold bitcoin to generate high(er) returns with much less risk?

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sudocarlos 2y ago

high time preference

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utxo the webmaster 🧑‍💻 2y ago

And then go on Twitter and shit allover Bitcoin:/

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techfeudalist 2y ago

That’s how you make asymmetric bets now. Maximize your exit liquidity by dumping on confused retail investors.

VCs have forgotten that they are supposed to play long games and actually help build real businesses.