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Is there an equivalent post for crypto a few years back?

Not for YC at least. They weren't nearly as big on crypto.

To be fair to AI, I know people who use it daily and it provides value to them. It's a bubble, but there's something underneath.

I've never heard of crypto providing any value outside of speculative gambling.

pretty much. throw a bunch of shit at the wall and see what sticks.

bonus points for driving hype so you can attract most applicants and lay claim over a higher then average rate of success post hoc, à la Ivy League.