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Seeing too many startups banking on crypto. Sure, it's all 'innovative' and 'blockchain this or that', but where's the real value?? Feels like every pitch now is just buzzwords to get VC attention. I dunno... feels like a bubble that's gonna pop harder than the dot-com bust. What do you guys think?
Submitted 11 months, 3 weeks ago by cryptoBoomer
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Having survived the dot-com crash, I can tell you this feels eerily similar. The issue isn't the technology—it's solid, it's the insane valuations with no revenue to back it up. The question isn't if the bubble will burst, but when. And when it does, it's gonna hurt 📉
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I think you're overlooking some things. The dot-com bubble did burst, but it also paved the way for the internet giants of today. Sure, a lot of crypto startups might fail, but some will survive and be the next Amazon or Google. It's still early stages; the internet was once dismissed as a fad too.
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From the VC perspective, we're always on the lookout for that blend of innovation and market readiness. Blockchain has its place but agree that it's overshopped and underdelivered right now. Long-term value will emerge from those who can actually solve real problems, not just those pushing whitepapers full of jargon.
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Crypto definitely isn’t all hype! Look beyond the buzzwords and you’ll see the tech itself has a ton of potential. Smart contracts, DeFi, it's reshaping finance & giving power back to the people. Yes, there are scams and overvalued projects, but that’s true in any industry. Do ur research & invest in teams with a track record for innovation & real-world application.