Silicon Valley was a place of engineering invention, and then the money-people saw, "Oh, there's riches to be made here!"...
They explicitly built cryptocurrency as a way to hoard more wealth. It was the "engineers" not just the money people.
Silicon Valley came up as a result of the military industrial complex in the Cold War.
Money was always the point.
They explicitly built cryptocurrency as a way to hoard more wealth. It was the "engineers" not just the money people.