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i'd be very sceptical of what a16z published about crypto topics; they are heavily invested both financially and reputationally.

their whole game was/is leveraging their clout to give credibility to the scene, therefore increasing the value of their investments.




Here is what a16z said about bitcoin in 2014.

"use case for Bitcoin is micropayments", "Switching to Bitcoin, which charges no or very low fees" , "Another potential use of Bitcoin micropayments is to fight spam" https://a16z.com/2014/01/21/why-bitcoin-matters-nyt/


100%. Definitely under no illusions there. But for me since they are a core part of the hype that makes listening to them and analysing what they say even more important IMO




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