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If VCs think they can make money in the next pet rock, they’ll try.

It doesn’t make pet rocks an important or useful product. Just something people can make money on.

Most products aren’t important or useful. The public uses them because, well, it’s complicated.

> Y Combinator was an investor in Coinbase and other crypto startups.

This doesn’t necessarily indicate anything other than that they believed the business could make money.

They also invest in traditional banking startups. Even that isn’t necessarily a contradiction with crypto investments.

It's almost as if YC and HN users have entriely different incentives and opinions. Shocking.

Have you seen the comments when one of Paul Graham’s essays is posted?

Isn’t it kind of strange to be hanging on a VC funded forum that supports crypto?