1Confirmation Founder: Silicon Valley VCs have been trying to dominate the crypto industry, but failed to succeed due to investing in "zero-sum game" projects
2025-11-08 14:27:14
1Confirmation founder Nick Tomaino wrote on the X platform that Silicon Valley VCs have been trying to control the entire crypto industry, and to some extent it has worked, but most VCs lose out between 2021 and 2023 because they put a lot of money into zero-sum game-style projects that attract the attention of retail investors, but are not good for the world. Today, Silicon Valley VCs are exhausted, as evidenced by their overwhelming publicity and shoddy products. Bitcoin and Ethereum have never received investment from Silicon Valley VCs, but are collectively worth more than $2.50 trillion and dominate the crypto market.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
1confirmation创始人：硅谷VC一直试图掌控加密行业，但因投资“零和博弈”项目未能获得成功Next article：
Michael Saylor发文“现在就买”，在市场低谷时支持比特币
