What Does It Mean To Be A “Good-Faith Skeptic” & When Is “Bad-Faith” Warranted

Reflections Prompted By A Conversation Between a16z Crypto Leader Chris Dixon & The Verge’s Nilay Patel

Hunter Walk
3 min readMay 16, 2022


“Good-Faith Skeptic.” It’s a characterization that has been tossing around in my head since reading Chris Dixon’s tweet about his interview with the Verge’s Nilay Patel. It was crypto true believer in a conversation with a crypto skeptic, but containing a foundation of mutual respect, curiosity and, I think, a fundamental love of technology. Here’s a transcript of the podcast if you want to click over to the source material.

For purposes of crypto, consider me an optimistic skeptic? Maybe one with less tolerance (and more judgment) of what I consider to be actors in the ecosystem who are greedy, exploitive, or selfish, but also certainly not willing to write off the entirety of what we’re seeing. My most personal interest is in the collective ownership aspects, having long believed that the only structure which can beat the network effects of entrenched marketplaces are cooperatives, where the participants ARE the platform.

But I should also be transparent with you. Nothing else in this post is going to take a ‘side’ with regards to cartoon apes, decentralized token protocols, or stablecoin pegs. Instead this is going to be about skepticism and what gets deemed good-faith or not.

Here are the primary characteristics, for me in this moment, of what it means to be a “good-faith” skeptic:

  • Enters the discussion without desire to win but instead to understand and be understood.
  • Believes accomplishing the above will ‘grow the pie’ of understanding for general benefit, rather than carving up a fixed pie.
  • Can be hard on the problem without being hard on the person.
  • Accepts that they may be incorrect, have had a different experience than others, evolve their own beliefs. And gives the other person the same courtesy.
  • Within the confines of the discussion space itself, if it’s shared, protects the other person from abuse and actively discourages ‘their team’ from doing so.



Hunter Walk

You’ll find me @homebrew , Seed Stage Venture Fund w @satyap . Previously made products at YouTube, Google & SecondLife. Married to @cbarlerin .