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The Chopping Block: Are VCs Bad for Crypto? - Ep. 481
Unchained
The Anti-Vc Position
Venture capital is intrinsically opposed to that part of crypto. Even if you created a great decentralized blockchain that could run super fast, it was 10 times more valuable than one owned by VCs. That's not what makes blockchains valuable. It's broad ownership. I think somebody who's a sort of VC minimalist would say VCs in general are antithetical to the principles behind crypto. What would your guys' response be to that?
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