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If this is an open source distributed system without a central business entity deriving revenue from the market what's the reason venture capital is funding the
by Glyptodon 11y ago
If this is an open source distributed system without a central business entity deriving revenue from the market what's the reason venture capital is funding the group making it? Just a vested interest in Bitcoin growth/adoption?
- dmix 11y agoThere have been so many (successful) OSS projects with VC backing since the 1990s that this argument doesn't hold much weight. OSS != no revenue options. There are many business models that exist beyond selling products or taking a percentage.