Hacker News Reader

A bunch of cryptocurrency startups.

For a while now I've been wondering whether the cryptocurrency bust—which is inevitable in my view—will mean the end of these kinds of articles and the resurgence of the Bay Area. Many of the other up-and-coming tech areas, particularly Miami, are disproportionately composed of cryptocurrency ventures, which doesn't strike me as a sustainable tech scene.

View on HN

I'm a local Miamian and I'm hoping the crypto scene in Miami is a beach head for other tech and not a white whale that sucks up all the capital and brainpower from other emerging technologies.

I met some of the crypto startups working out of co-working spaces around the city 2017-2019; maybe things have improved dramatically more recently but the startups I encountered were unimpressive.

The crypto/ICO/NFT/WEB3 scene is just so much hype right now it’s hard to tell what’s real and what’s a scam. 2019 feels like a decade ago and things have changed so much in the last year. I’d consider a revisit.

Reply on news.ycombinator.com