Re:Web3 and crypto skepticism is growing and people are fina...
by jillesvangurp on Monday January 24, 2022 @11:20AM
(#30059645)
No it doesn't. Ultimately people and investors vote with their feet (and money) and then stuff is built and gets traction or not. The "debate" about whether web3 is a thing or not or should be a thing is not that interesting.
A lot of those investments strike me indeed as unlikely to have any ROI worth reporting on. But they did get lucky with Coinbase. So, a few of those achieving some level of success is not completely unthinkable.
I guess the reason it pops up on HN so often is that Y Combinator has some money in web3 related projects: https://www.ycombinator.com/companies?query=blockchain
A lot of those investments strike me indeed as unlikely to have any ROI worth reporting on. But they did get lucky with Coinbase. So, a few of those achieving some level of success is not completely unthinkable.