Unchained · Wednesday, September 9, 2026
The conversation touched upon venture capitalists (VCs) and their tendency towards 'shiny object syndrome,' sometimes leading to investment in speculative use cases within the digital asset market that may not be addressing real-world problems. While acknowledging that some shiny objects can lead to powerful innovations, the speakers noted a concern when these are applied broadly to areas like derivatives without a clear principal use case.
“But, you know, I think one of the issues we've seen in the digital asset market or more generally is VC's have had shiny object syndrome. Now, VC's always have shiny object syndrome. Uh, but sometimes those shiny objects go on to be really powerful things.”
“But but I think in some of these cases, like around derivatives, more generally, uh, and just speculative use cases that aren't addressing problems.”