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Help me understand the "VC involvement is synonymous with good project" logic around here
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Post is by: mykie223 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sjq7xd/why_are_all_of_the_major_blockchain_tech_startups/ This is the last thing I wanted to do on my weekend, but here I am. The enshittification of mainstream blockchain companies has gotten so bad that despite spending an entire weekend, you simply cannot buy cryptocurrency. Perhaps for others with a large percentage of their portfolio already in crypto, you'll be fine; but for any NEW user or NEW account, you WILL NOT be able to buy crypto. On Friday, April 10th, I had one goal in mind: see how difficult it was to purchase bitcoin/ethereum anonymously in the United States. I program. I read. I write. I work in private equity. In college I was even a VP in a blockchain club at an Ivy League university. I attend expos, conferences... I am extremely engaged in this space, to say the least. I have even held multiple coins in my wallet for years. I am by all means a capable individual who is well educated in blockchain, finance, and tech. **Yet, the enshittification has gotten to a level so high that I literally cannot purchase any amount of any cryptocurrency.** I couldn't care less if this is some elaborate scheme to prevent Americans from exiting their United States Dollars. If I had to guess, that is exactly what is happening. After spending the weekend failing at every attempt to purchase coins anonymously (Mastercard and Visa will automatically deny ANY blockchain purchase with gift cards, as does PayPal), I finally gave up. I closed VNC and opened up MY PERSONAL iPHONE and used my personal Coinbase, MetaMask, Uniswap, and even Robinhood accounts. Here is what I found: 1. **Robinhood:** I've lived in Florida for one year. Robinhood denies me access to ANY blockchain features claiming that I have lived in a state that does not support cryptocurrency transactions in the last 45 days. It has been over 365 days. This is blatantly false. 2. **Stripe (Link):** Among the worst of them all. You give them everything — ALL YOUR PERSONAL DATA — and they reward you with an "Unknown Error" code at the very end of your purchase, with no ability to contact support or talk to a human about the decision. If this is happening to me, it's happening to every other person out there even considering entering the space. 3. **Coinbase:** I swore never to touch Coinbase after I made a substantial BTC purchase at the BTC conference to engage in some of the events going on there, and they froze my ability to USE MY BITCOIN for an entire week for NO REASON. I get it, you want deposits. The longer you park your funds there, the better the balance sheet looks. I totally get it. However, **I am not your guinea pig.** I made the decision to use your service at my will, and that will ends the moment you tread on my rights and hold my hard-earned money. I will never forget it, and I will never forgive it. Here's the problem with these companies: they spend all this time worrying about what features they're going to provide, how many dicks they're going to ride, and how much confetti they're going to pump up our arses — yet 98% of them fail to meet the basic necessities of the very basic services they advertise. Why does this happen? Well, the only conclusion I can draw is that they simply do not give a fuck. By the time your worthless life crosses paths with their worthless service, they're at a point where any material value they attribute to your purchasing power as a consumer is so low compared to their stock options and their new credit score that they couldn't give two fucks about your experience on their platform. When the SEC comes in and tells them they MUST do things to protect against A, B, C, and D — even though A, B, C, and D matter nothing to the end user — they are going to choose the alternative that fucks you the most, rather than protect your experience as a consumer. The whole TOS thing and the claim that "HAHA you don't have to use our service, we'll be fine!" is kind of bullshit, because all of these companies are struggling right now and laying off people en masse because the general population has simply given up on any prospect of engagement with these firms. I am just astonished. When does it end? I remember being a kid and making a purchase took literally minutes. Why am I spending my entire weekend — of so few I get — attempting to purchase something that is supposed to be the future of transactions? Has this space really devalued this much that I cannot even purchase bitcoin with my dollars? How the fuck can I build a diversified portfolio if I can't even spend my USD? I am at a loss for words, truly. I am just infuriated. I'd rather Western Union the sketchiest offshore service out there than spend another hour attempting to purchase Bitcoin in 2026 using Moonpay, just to be met with an "Unknown Error" code at the end of sharing my SSN and facial biometrics. At this point I'd buy BTC from a guy in a trench coat in a parking lot. I am so tired of this shit and am moving my money as far outside this ecosystem as possible. Thanks for reading my rant. I'm going to go spend the remainder of my weekend watching Wall-E with my GF instead of spending another hour trying to buy BTC with fiat. Fuck this decade. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
HAHA I always know exactly where the pattern is going. Whoever reads this going to be rich and I'm sharing some of my secrets but fuck it. As a quantum physicist and cryptographer, it's truly amazing how 99 percent of you crypto "investors" don't know shit when it comes down to it. It's going to fluctuate 5%+ to -%5 every few days roughly for the next year and a half. Either hold your shit and wait for the bull run in mid to late 2027 or ride the wave and mine your crypto as the next year and a half keeps zigzagging perfectly for day trading. Trust me, numbers don't lie. And that's all crypto is. Differential equations were used to prove this but unfortunately many of you can't even do linear equations and have no hope of a crypto future unless someone gives the game to you. This is cake for me to figure out because I've mastered categorical topology which is the most complex of math. It's light-years ahead of differential equations. You guys hear calculus and think it's for geniuses, but in reality calculus is the very first start of categorical topology which is about 7 classes above calculus. Calculus is like asking me "what does 1+1 equal"? NOW GO GET RICH!
Oh boy, this will be a long comment but I would love to explain it because I think I put a lot of thought into it. Let me just speak to ChatGPT real quick and have it type it all out it is faster that way. HAHA...
HAHA... correct! I have the same feeling. I waited for 1000USD when bottom was 3k after the 20k top...
it go down 65k then up 66k, what a sequence HAHA
HAHA, thank you, I think.....
Yeah, I bought some at 50K ... bought some at 16K ... bought some at 100K ... and been DCA-ing all the time in between. Just stacking and, yeah, letting panic drive prices down to get more (ooops, maybe I said too much and broke the secret BTC code HAHA)
HAHA or the regular live streamers questioning their careers
Lmao oh dear this sub is dumb. Bud, just delete this and come back when you have a response to my question. In the meantime have fun writing your fantasy novel, I guess. HAHA
HAHA! This post is sarcasm, right?
Yep the price is on sale HAHA
"DVDs by mail?! HAHA! People love leaving their house to peruse movies. What a dumb business model."
It would be but the market cap increases according to metcalfs law. But it might as well be a 45 degree line HAHA. I think that’s how it’ll look anyway when we look back at in the future. A jagged 45 degree line going up and to the right.
HAHA, maybe add efficient to the list of requirements. But alas were already asking for way to much.
HAHA! Got exposed and deleted the post. Why even bother wasting people's time pretending to have 200k in bitcoin? Does this person actually feel good from pretending they have that it? Weird.
HAHA, if the "I need to sell my bitcoin" day comes, you know you're screwed 💪😜
200 weeks… HAHA this is comical.
HAHA what code you refering to? the one in pic?
HAHA Cramer. BLSH just IPO'd it was $91 yesterday. Today $75. I dont know what the future holds but this didnt age well in only 24 hours. Time will tell.
HAHA yeah, dead giveaway.
HAHA that's what I thought.
**LOL you bought right when it was falling HAHA the fall started just around 13hrs ago.** hold tight my brother. do not get discouraged.
The dif is that is JP morgan that's running up to catch the competition HAHA
But like.... even simply replying to this thread saying. HAHA I AINT GONNA FALL FOR THAT! You... you gotta realize how fucking ironic that is..... right?
lol what do you think now??? HAHA
You can wait until i's at 10k again, Happy waiting, HAHA. Follow the news. The US government and other big players are joining the game now. Means more mining, less BTC available = more value. Dollar goes fully into the shit soon. Just my prediction based on observations.
You are asking a question and answer yourself already, so what? Haha, of course it will go up. Some people are recommending to buy when it's low and sell when it's high. But that doesn't really make a lot of sense on long term. I have seen people buying and then selling when the price dropped a little because they were panicing. Then it went up like crazy and they sold everything. HAHA. HODL HODL HODL!!
HAHA. Yes bro. I will. Must be nice here if reddit works like grok on X.
HAHA yeah ok.. Look up which blockchain already has a tokenization stock already
People were calling for inverse CC when it went from 4100 to 3400 and people started hating on it. If someone listened to CC then and shorted they coulda rode it from 3400 to now with leverage. The thing about inverse CC is, for it to work you gotta ignore the thousands of times people were right, then go "HAHA TOLDJA" the second it's wrong.
HAHA the “reserve” has been signed as an Executive Order and it is nothing more than keeping all of the crypto the U.S. already possesses 🐻 David Sacks: “The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.” Cue the official start of the bear market Source: https://x.com/margomartin47/status/1897802829474955415?s=46 https://x.com/davidsacks47/status/1897802280738734236?s=46
HAHA the “reserve” has been signed as an Executive Order and it is nothing more than keeping all of the crypto the U.S. already possesses 🐻 David Sacks: “The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.” Cue the official start of the bear market Source: https://x.com/margomartin47/status/1897802829474955415?s=46 https://x.com/davidsacks47/status/1897802280738734236?s=46
HAHA, you know someone tell me the same thing
Buttcoiners 1 week ago: HAHA BTC IS CRASHING..FOOLS! Buttcoiners now: BTC IS STILL A SCAM!
After the last one ending with "HAHA SIKE!" from the leader of the free world, everyone is taking it less seriously now.
HAHA a bit of Heisenberg? It's all the frigging meme bullshit that is seriously damaging the markets. I mean, what the F is up with that? Squirrel coins?
HAHA ITS TRADE WARS! Save your currency why you watching what USA is doing or drinking. Yall a lil sussy. Its business and yall turn into politics 😆. Shows how much you guys don't know shit about making a deal. LOL can't make this up. WERE BACK BABY
lol, we love your tears. Cry libtards, cry more! I know you’re poor, and the little bit of money you earned from flipping burgers is now down 30%… HAHA 😂
pfft, I'm literally already ahead of you. I've literally already sold. HAHA! Take that!
I believe that Craig Wright is Satoshi Nakamoto, and he lost his bitcoin wallet as he has publically clai....HAHA, couldn't say that with a straight face. I think Hal Finney was most likely Satoshi Nakamoto. Since he died and Satoshi went silent the money hasn't moved so it seems likely. If it's someone still alive then I think they are taking every possible step imagineable to remain anonymous. They would very likely draw unwanted attention from some very powerful people if revealed. Either way I don't see those btc moving.
Did you actually think that everything being built on crypto would be decentralized and permissionless? HAHA! Clueless clown.
Lmao :) Charles Hoskinson, is that you? HAHA! In a few years you will realize how terribly wrong you were. If your brain is actually able to comprehend it. I won't spend a second trying to explain it to you. Good luck!
"Not Permanently Future-Proof: Though "bits" may simplify certain price ranges, future circumstances could demand additional denominations or scaling adjustments. Our integral approach resolves this problem entirely by making the smallest unit the standard measure, avoiding future fragmentation." This proposed solution doesn't solve this problem, either. In a future where more decimal places were needed (something smaller than sats) to allow for smaller and smaller amounts of BTC to be transferred, which will almost certainly be necessary at some point, you would then have to re-define "bitcoin" again, causing new confusion and potential backlash. Since this BIP is related to public perception, it's also worth nothing that this could be mistaken as an inflationary re-denomination even though mathematically it wouldn't be. The same would be true for future re-definitions of "bitcoin" as smaller units are adopted. The impact on public perception, especially as distributed through standard mass media, could be devastating: "LOL your $100,000 bitcoins are only worth $0.001 now!!! HAHA fool! We told you it was a scam!" This is the currency equivalent of naming a document file with " \_final" at the end. The current best option is to start talking about "sats" instead.
I am apart of a small private community where the main guy gives out calls but also his full goal is to teach you how to make successful trades yourself. he has been around crypto for awhile and really helped me understand what I was doing HAHA we are trying to build up the community right now!
WHERE IS 150k? WHERE IS THE BULL RUN? HAHA BEARS WIN
One of my favorite things about Reddit is you can always visit the opposite side of almost anything to see how they are doing HAHA
The reason I didn’t buy BTC in 2010, is probs because I was 7 YEARS OLD HAHA
POWSCHE is going to take off with huge developments in the works. The small sellers right now are completely unaware of what's coming. It's be like selling SHIB or PEPE at $9MC, DUMB! But to each their own because I'm buying more! HAHA Buy POWSCHE so you can buy a Porsche this coming summer!
HAHA that's why i'm here, my dude. I want the feedback!
HAHA. Love the trade community. I was invested into this story then this comment brought me back to earth. .
HAHA. Love the trade community. I was invested into this story then this comment brought me back to earth.
HAHA, That smirk on his face when he's introduced.
HAHA the market cycles are funny. Everyone has their "ALL IN" at different points. Its great to see the cycle repeat as I was in it for the first time this time four years ago and couldn't belive how much the market was rising. This BTC could still go as high as $250k Take profit if thats your plan or HODL to the moon (thats me)
Same HAHA I should’ve just bought at market price
I just had someone DM me about a $1000 daily increase in profits and I connected my wallet to the website and I've already made $500 in one day! I don't know why this website has so many negative reviews and 1 stars! They all say they can't make their money get out of the platform, but they are all in profit. Make it make sense! HAHA! You just can't help some people!
I love your imagination, and I admit I hadn’t thought that far ahead. If it ever happens, I’ll still have access to my main wallet using the workaround I posted, which would be hugely valuable 3000 years from now! This shows how Bitcoin could become even more important for things that goes above our life time. Most people wish they could go back to 2010 to buy lots of cheap Bitcoin, but with cryopreservation, you could actually reverse that idea into the future and make it happen.The idea that Bitcoin could last until 3000 is mind-blowing and I cant wait to see those sexy cyclopes! HAHA!!
HAHA !! YAh, I have no clue either...... Crazy the volume though.
HAHA I would love to! If you are one of the top 20 responses you will absolutely be picked.
Tell her that God might need some bitcoins too. HAHA LOL
HAHA! I must have watched that conference bit a thousand times :D Still feels like a fever dream
HAHA! No I just want to know your total holding today to compare and see what is my position!
literally got the exact same email 1 day after viewing this HAHA
its gonna go to 40k theres too much fear HAHA omg I CANT WAIT lesss GOOOOO!!!
HAHA! Genius. That is too funny.
>Trump has created more jobs outside of being the president than 99.999% of people in this country. HAHA like what? Trump printed 8 trillion dollars in 4 years. MORE than any US president in history. 4 trillion alone in 2020 which caused inflation. His tariffs fucked over farmers. He's the most anti-gun president in 20+ years. His son in law took $2 billion from the saudis! His daughter got 25 patents from china. He droned more than any US PRESIDENT IN HISTORY and then blocked the data. The list goes on. He was the worst president in history. Cry more.
HAHA they do not favor a weaker US dollar. Neither canidates do
lol!!! YOU mean those BEARS?!!?!?!? HAHA!!! Crying!!!!! for sure!!!! bear tears are yummy!!! HAHAHAHA poor poor bears..... poooooor..... bears..... so cute.... WHY DO BULLS ALWAYS WIN?!?!?! I dont understand. WE ARE JUST AMAZING!!!!!
HAHA! Thanks for the !tip Sammy! The skinny on the [ConeDesk.com](http://ConeDesk.com) site is that the Beta is ready, and w**e'll be inviting select community members to join us to test it. Hoping to launch ready and in earnest during one of the "J" months.** When up, anyone can DYOR and get paid for their work, all the while helping other to better learn about the emerging web 3 and meme economy. ***^((you're on this exclusive secret list now fyi...))***
HAHA actually (people probably don’t even believe this shit) — I stayed with an older lady (70s?) at one of the dead shows in Hollywood in her penthouse suit at the W😭. I stayed two nights and we did two shows. I met her at a Colorado show in a random hotel that wasn’t mine. She rented a red Ferrari or some super expensive sports car & that’s how we got to the Hollywood bowl. I called her my deadhead mom. I met a lot of older, VERY wealthy deadheads, along with some family of the dead. But no, I prob would’ve crashed it anyway
HAHA! Savage AF! If this was nostr i would zap you some sats my man. And im a broke sob. You won the internet today sir.!
Have fun with the pump and dump solana HAHA
Probably Bread with Cheese they having a presale HAHA
You must be a bot! You are too positive! HAHA
I bet you believe Diddy is innocent too! I couldnt stop laughing with the "I will be collecting the most notable usernames..." line... HAHA!
Haha....hahaha....hahahaha...hmmm..hehe...hahahahahahahahahaha....HAHA..HAHAHA......hmmmm 😌
I wish I didn't see your reply HAHA. Now I'm down 15% on that coin. hehe...
HAHA. I wish. I would hock everything and load up.
I kinda did that until BTC started running again, now im like "woo money to gamble away"....im sure I'll get burned again and repeat the cycle HAHA
Got it! Need some hopium to cope over my loss HAHA
HAHA probably those weak hands