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sjfiuauqadfj t1_j3rjepm wrote

Reply to comment by [deleted] in Coinbase to slash 20% of workforce in second major round of job cuts by ChocolateTsar

hate to say it but i think venture capital actually brings some real world value to society while with crypto the most you get is a jpeg of my mom

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domino2064 t1_j3rk295 wrote

That ended up using a fuck ton of more electricity and ewaste to produce than what a 90s digital camera, and the process to get that photo onto a modern device and touched up, would use.

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[deleted] t1_j3rn0b9 wrote

[removed]

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NikeSwish t1_j3rucvm wrote

Venture capitalists don’t just pour money into something that obviously won’t work hoping it’ll be propped up long enough to go public. Do they bet on risky companies? Yes. But that’s not what a Ponzi scheme is.

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