More and more I see people getting into entrepreneurial crypto projects who "can hear the song but can't whistle the tune".
They REALLY want to succeed, the world sucks right now if you want to build something successful and Bitcoin land is one of the few bright shiny stars of opportunity.
The problem is they don't much care at what they succeed, or how they get there.
Some people build businesses because they're solving a problem they're passionate about. Some people build businesses because they want to make a lot of money and buy a ski resort. The balance isn't too terrible yet, but we're certainly biasing towards the sportsters over time.
You can recognize this type of person fairly quickly. They are passionate speakers and evangelists but when pressed on detail, they will generate answers that don't make sense. Not that they are nonsense, rather that they demonstrate a fundamental misunderstanding for either the philosophy (neutrality) or function (decentralization) in an effort to help you see why their idea merits your time, attention, and/or money.
My self appointed job is to help catalyze people in the first column, but I also help those in the second column. I've recently begun rethinking whether that makes sense - My theory to this point has been that more knowledge and truth and understanding would be only a good thing and it didnt matter if I was speaking with a 22 year old garage startup guy or a seventies investment banker, understanding would breed normalcy which leads to "legitimacy" in the minds of people to whom that matters.
But things are moving fast now. Money is pouring into the ecosystem and just as importantly an ecosystem of projects built on fundraising bitcoin has sprung up to varying degrees of success.
Last year my time was fairly plentiful but this year I'm literally auctioning my time to the highest bidder by the hour. Maybe that means its time to focus on people actively doing productive things rather than broadly "casting my gaze".
