Andreessen Horowitz Partner: ‘Crypto Today’ is Like 1990s ...

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Andreessen Horowitz (A16Z)’s General Partner, Benedict Evans, says crypto currently is analogous to the early days of the internet. People who are dismissing it now should take a lesson in history. Even though the crypto industry has seen a lot of scams and failed projects in the past couple of year, Evans thinks that it is a function of emerging technology rather than of cryptocurrencies ... Benedict Evans, a general partner at Andreessen Horowitz (A16Z), one of the most successful venture capital firms in the world, has said that crypto is quite similar to the internet in 1993. As with any other emerging technology or market, the cryptocurrency space has seen a large number of failed projects and scams over the The post Leading VC Investor: Dismissing Crypto is Like Dismissing ... Benedict Evans, a partner at Andreessen Horowitz, recently tweeted that “crypto today” is nearly identical to the internet in 1993 and 1999. Evans went on to explain that in the 90s the internet had “huge potential with few of the use cases invented yet.” According to Benedict Evans who is in the daily cryptocurrency news today, the crypto adoption is here and it is present. The general partner at Andreessen Horowitz (A16Z) which is one of the most successful venture capital firms did not hesitate to show his stance towards the adoption of Bitcoin and other assets.. As he said, the crypto space has seen a large number of failed projects and ... Benedict Evans, a general partner at venture capital firm, Andreessen Horowitz, told his followers on Twitter that “crypto today” is similar to the internet in 1993 and 1999. He noted that there’s “a lot in common” between the internet in the 90s and the crypto industry today as the internet back then also had “huge potential with few of the use cases invented yet.” And yet, as Benedict Evans, partner at famed venture capital firm Andreessen Horowitz tweeted earlier this month, one sign of the increasing visibility of Bitcoin stems from the sharp increase in ... The successful venture capitalist Benedict Evans, stated that "ignoring cryptocurrencies is like ignoring the Internet in 1993". A general partner of Andreessen Horowitz (A16Z) compared the status of virtual currencies to that of the Internet

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