The crypto market has set the bar shockingly low for entrepreneurs to raise money, and this is dangerous for everyone involved.

There needs to be some standards around launching an ICO and investing in ICOs in the space, and I caution all to tread carefully until those standards emerge.

While it's not obvious to people now, in the long-run, the permissionless innovation that Bitcoin enables will ultimately improve the lives of billions of people.

A show of confidence raises the bar.

Entrepreneurs stand to make just as much money in a near-term $30 million acquisition as they might in a much larger acquisition after three-plus years and substantial VC dilution.

Entrepreneurs stand to make just as much money in a near-term US$30 million acquisition as they might in a much larger acquisition after three-plus years and substantial VC dilution.