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I think hype cycles are actually really important. I think a lot of people think hype cycles are a bad thing, but I think they're necessary. You have to get the hype cycle because the over-investment is what allows you to invest in the stuff that needs to go mainstream or cross the chasm. And if you don't get the over-investment, the thing is never going to accrue enough capital or enough attention or enough people to really make
sense.
Avichal Garg
Over-Investment During Hype Cycles Help Things Go Mainstream
#477 Avichal Garg on His Crypto Thesis
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