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Crypto VCs Just Burned $175 MILLION on Moronic Idea, Because... Why Not?
So, Morpho raised a gazillion bucks (okay, $175M) and the crypto VC community is all like 'yaaas, onchain credit infrastructure, stablecoin adoption, yada yada'. Meanwhile, we're over here wondering what actually changed since the last time they asked for money. Same old same old, just with more zeroes and a slightly different font on their PowerPoint slides.
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