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“There were VCs, who’d gotten in early, watched the tokens they bought climb to ludicrous heights, and now believed they could pre­dict the future. [..] founders of crypto start-ups, who’d raised so many millions [..] that they seemed to believe their own far-fetched pitches about creating the next generation of finance. [..] programmers [..] so caught up with clever ideas about new things to do [..] that they never paused to think about whether the technology did anything useful.”