Killing more worthless projects would be a win for crypto
“If you aren’t thinking about owning a cryptocurrency for 10 years, don’t even think about owning it for 10 minutes.”
Such a philosophy is common among investors who are enthusiastic about blockchain’s potential to dominate Web3 as it becomes the infrastructure of the new internet. Yet, if you swap “cryptocurrency” with “stock,” you get a Warren Buffett quote — word-for-word. Of course, Buffett would never say such a thing about cryptocurrency because he thinks it’s worthless.
Eric Sumner is the content chief at ReBlonde, a tech PR firm specializing in blockchain and Web3. Based in Tel Aviv, he’s a former editor for The Jerusalem Post.