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Wayne Niddery's avatar

I don't see how Crypto can fare any better in this capacity than in replacing, or being an alternate, money - for the same reason, because it continues to be highly volatile, and thus unreliable as a store of value and with no basis to believe that will ever change.

Why would a VC fund a startup in what today might be a $million in Crypto when tomorrow that same crypto might be worth either $500K or $1.5 million? If the startup is not 100% isolated from dollars or other currency - if it must purchase any part of its needs or expect revenue in dollars then the nature of crypto might sink it and the VC firm along with it.

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