2min chapter

The Blockchain Socialist cover image

Venture capitalists steal from the future with David Z Morris

The Blockchain Socialist

CHAPTER

The Impact of Cryptocurrency on Rush

The VCs and hedge funds who got involved in crypto wanted to then like reach into the future grab those future profits and have them for themselves right now. To do that you basically have to lie and that's what they did, so I think that the impact of this huge VC on Rush was a big one. A lot of scams and fraud can be laid at their feet for not being responsible for not really looking at what they're selling people. Just eating off hype basically yeah.

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