[eloff]

That 99% number you're quoting is made up. It's a value call. I think it's a reasonable position to give crypto a small chance of becoming something really big. If you're in the business of making long bets on the future, you want a piece of everything that fits that description. Including crypto. You don't know which bets will pay off, and it's nearly impossible to make an educated guess. It's simpler to just invest in everything that has that potential.

[gitfan86]

So where would you draw the line?

If a group of people created a perpetual motion machine community, would they deserver some funding? How can you prove that they are not going to discover new physics that allow energy generation from nothing?

[eloff]

Obviously not. But are you implying that crypto has as much chance of turning into something as finding a way to violate the law of conservation of energy? That's ridiculous.