zlacker

>>donsup+(OP)
The last few weeks (months, really) has highlighted an incredible lack of discernment in the VC-verse wrt the thing we call web3. Now. I have no experience doing what YC does and don’t claim to, but the jig here was so transparent that the smallest drop of “street smart” should’ve been enough to set off some alarms.

We’re approaching a point where being passed over for “culture fit” is a compliment. Hopefully the embarrassment is enough to expand the founder vetting checkboxes.

>>okwubo+x7
I think this is something like AI -- where people who are calling it "AI" are often sales people/hucksters (I mean this as little a pejorative sense as possible), and the people calling it "ML" are the practitioners/people you should be listening to.

Once a phrase gains mainstream adoption and starts to rapidly lose meaning, I find that people who care dearly about that thing start calling it something else.

That said -- I really struggle to find the people who are really all in on crypto in a technical sense. Where are the people building cool things and trying to push the boundaries with crypto? Surely it's still happening but just hard to find it in all the debris/trash.

>>hardwa+Nb
Believe it or not… it’s on bitcoin. It’s fascinating watching a largely un-steared bitcoin attempt to scale.

>>doomro+Jl
Any examples? This like lightning seen to have under delivered and sharding/rollups/etc seem to be still research grade.

Scaling also doesn’t seem to be in the interest of miners who essentially provide the network security…

>>hardwa+eE
Bitcoin has scaled by the exchanges - most “Bitcoin” transactions now happen off-chain in an exchange.

What this says about the original purpose of Bitcoin is left to the reader.