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RE: Cult of personality in crypto

in #cryptocurrency7 years ago (edited)

That is funny in the startup world especially with the most revolutionary ideas. The founders always get kicked to the curb, bought out, whatever when you get institutional/venture capital involved. It actually cleans the thing up quite a bit, takes the new tech to a more product friendly environment, making it watered down, but sustainable as a company or ongoing idea. Right now people are very trapped into the cult of personality in ideas. Just mentioning a name like Elon Musk, Jeff Bezos, Tim Cook, Bill Gates, Warren Buffett gets you an instant reaction before you are even talking about what it is they are doing. The lemmings tend to chase their leader off the cliff, while the innovator is gobbling up market share while idiots hero worship. I guess it's kind of that way in everything to a point. Michael Jordan the player would never play for Michael Jordan the executive.

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Agree with everything. Great points.