Every cycle has its shiny new rocket. Some of them really are building something. Some of them are just burning VC money. The funny part is, you usually can't tell the difference at the beginning. That's why I've stopped obsessing over valuations and fancy pitch decks. Time is probably the only due diligence most of us can actually afford. That's one reason I respect #BCH . People spent years calling it "just a fork," yet it's still here. Still upgrading. Still shipping. Still getting used. You don't have to love it. But surviving multiple crypto cycles is something you can't fake.
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