/biz/ - Business & Finance

I went to the Stani/Sergey fireside chat on Monday, and talked to a lot of people. Crypto infrastructure people, BUILD program members, fund representatives.
It changed my entire attitude and I'm going to share my feelings with /biz/ as a one-off before I leave here.
Firstly, the talk itself was pretty boilerplate, Sergey and Stani softballing questions to each other and basically saying everything we've heard before. In the final part of the talk, Stani was saying that he expected it to be "5-10 years" before institutions would be seamlessly using AAVE. At this point, Sergey broke out of his stock response mode for the first time, laughed, and said (paraphrasing):
>In 2017 we thought that there were just 5 problems we had to solve, to get institutional adoption. Now all of this time later and we are seeing "Wow, there is so much more to do now than we even thought we had to do then"
It's not happening soon. Every single serious, deeply engaged person I talked to would casually say "we hope that x will be possible in 3 years or 5 years time".

Obviously this was pretty disappointing to someone who has been hoping for "two more weeks" for a very long time, but in a way it was liberating.
I realised that pretty much every insightful /biz/tard has moved on to actually get involved, run nodes, start building, etc, which is why all that's left on /biz/ are the lowest achievers. For what it's worth, the notoriety of the biz/twitter link community as "a notoriously toxic investor base" (actual quote from a builder) is something of an achievement given how generally toxic crypto is. Congratulations, incessant shitposting and hostility has not gone unnoticed. You're the worst of the worst.
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