So many crypto companies are building 100% commodity open source technology with no clear business model.

Funded by a glut of VC $$ chasing hot narratives funded by LPs with nowhere else to invest thanks to the money printer going brrrr.

What happens when the money dries up? Does it all come crashing down?

co-founder stelo.com. theoretical cs phd dropout. into math, music, ml, macro, markets, surfing, writing amandhesi.net

Comes crashing down and poisons public perception of people actually building 

https://warpcast.com/pdr/0xd18c9e

“Good casts: eclectic, quirky, witty” - @botornot

wdy mean by actually building? the people building open-source biz-model-less stuff are not actually building?

Reread your cast, and realized that I misunderstood it.

I thought that you meant “So many crypto companies are building [atop] 100% commodity open source technology with no clear business model.“

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https://www.infoworld.com/article/3632142/how-docker-broke-in-half.html

As I understand your question now, I don’t know the outcome.

Hopefully they’ll figure out a business model for their open-source work, or at least their work will be foundational for the next generation.

From your perspective, is this scenario in crypto analogous to what happened with Docker?

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