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this post was submitted on 11 Nov 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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Bluesky is backed by a cryptocurrency venture capitalists, which makes me nervous: https://bsky.social/about/blog/10-24-2024-series-a -- but in the same press release they reassure people that they're not about to go all NFT (Non-Fun Tokens) just because of their backers.
a lot of projects with crypto ties have been doing this kind of hedge — they now emphasize data sovereignty instead of web3, decentralization, and other poisoned buzzwords, but they never really answer why crypto assholes would invest in a company if not to do crypto asshole shit when the time is right