Matcha Profile picture
Jan 26, 2022 36 tweets 6 min read
1/ So I watched the >2hr Line Goes Up video on the criticism of NFTs and crypto in general.

It is healthy to address these points and aim to improve the space in general.

Here is a long 🧵of the key arguments. Feel free to leave your counterarguments. 2/ - Web2 VCs are the same as Web3 VCs

- Crypto doesn’t address banking problems, the problem is human greed

- Bitcoin serves only a few hundred thousand but consumes a lot of energy

- Crypto proposes solutions that no one asks to solve