[calderwoodra]

I agree this initiative helps solve real pain points, and I'm not trying to defend "Crypto" with my question here but isn't solving a "real pain" kinda subjective? For example, many people/companies have the real pain/need to improve ad click-through-rates and reduce crypto/gas fees but maybe these aren't problems you care about.

[bodecker]

Agreed, "real pain" is a subjective/vague term and even crypto is a broad term. My intended use here is to describe solutions that are more grounded/integrated into reality vs. more grounded in a fantasy of how the world works. It is hard to describe well though and if you keep unrolling most perceptions of reality are subjective

[samstave]

Solving pain point == A problem we can profit from. Always has been.

Plus A16Z has some questionable motives in general based on previous comments by them...

[calderwoodra]

I guess sometimes a pain can exist without a profit, there's only a small number of people willing to solve those pains without a profit incentive though (pro bono lawyers, doctor's without borders, etc).