[JumpCrisscross]

> This community is nowhere near consensus on this matter. A small minority of loud naysayers is

There's an information bubble. It's not the crypto skeptics. There's a reason when governments around the world have moved to ban crypto there's been little to no popular resistance beyond angry 4channers.

[sneak]

Substantually more governments have invested time, money, and regulatory effort into the crypto ecosystem than have banned it.

The facts don't support the narrative to which you seem to be attached.

a16z is a large investor in the space and proponent, as well as several other prominent tech investment firms. Are they angry 4channers?

It's ok to be personally against it, but please don't misrepresent the facts.

[JumpCrisscross]

> more governments have invested time, money, and regulatory effort into the crypto ecosystem than have banned it

Lots of chatting. Looking at actual dollars and laws, we're weighing the elephants of China, India and increasingly the EU against...Singapore, El Salvador and Malta?

Outside young men, disproportionately minorities, crypto has a limited beachhead [1]. It was an easy money phenomena with historic comparison. We're now seeing the regulatory mood shifting decisively against it with limited competent pushback.

> a16z is a large investor in the space and proponent

They're notable for where they're prominent and where they're not. Aggressive fundraising followed by SoftBank/Tiger style deployment. Tweets and blog posts galore. Yet middling returns, even on an internal basis, and absolutely zero presence worth mentioning in D.C.

I'm no greybeard. But I've worked in finance long enough to see the game they're playing.

[1] https://www.pewresearch.org/fact-tank/2021/11/11/16-of-ameri...