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storage of value, information integrity, speed - If you don't see obvious utility with cryptocurrency then you haven't done enough/very little research. Why wo
by flignats 9y ago
storage of value, information integrity, speed - If you don't see obvious utility with cryptocurrency then you haven't done enough/very little research.
Why would ycombinator backed REQ try to replace Paypal with crypto technology if there wasn't fundamental value in the tech?
- icebraining 9y agoYC's whole model is making many investments which are likely to fail, assuming a lucky few will pay for the rest. It only works because they diversify, rather than going all-in on a single one.
- flignats 9y agothe statement why REQ would try this, not ycomb's investment strategy.. They don't just invest in anyone, they do due diligence, why would they conclude this is even a viable risk taking opportunity if it was easy to see there is no utility in the technology?
- the_cat_kittles 9y agothose things havent changed since its been around. im talking about fundamentals that drive the price of bitcoin