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Go back and read the HN thread from the Coinbase DPO [1]. Their valuation was insane then, before the war in Ukraine, inflation, or Omicron. The top comments on that thread shock me. Even at that time I expected every other comment to be about how overvalued they were, but it just wasn't the case.

Wonder if people could've been made to see this then. I went full on Chicken Little [2] and mostly just got treated like I was yelling at children to get off my lawn.

1. https://news.ycombinator.com/item?id=26808275

2. https://news.ycombinator.com/item?id=26808275&p=2#26812175



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