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Judging from Crunchbase[0], it looks like this company did a pretty interesting pivot: "Bolt is an online payments platform which allows users to make payments
by slap_shot 9y ago
Judging from Crunchbase[0], it looks like this company did a pretty interesting pivot:
"Bolt is an online payments platform which allows users to make payments through digital currencies such as bitcoin.
Bolt wants to give e-commerce retailers a better shot at competing with Amazon."
Can anybody at Bolt talk about that transition? Why is there less focus on digital currencies? Any interesting success/failure stories of eccommerce companies using digital currencies?
Always happy to hear about successful pivots.
[0] https://www.crunchbase.com/organization/bolt-5 https://www.crunchbase.com/organization/bolt-5
- rbres 9y agoBig fans of crypto. I co-started the Stanford Bitcoin Group back in the day. Dropped out of school to re-engineer online payments originally inspired by crypto. We realized crypto's shortcomings in mainstream payments (after a valiant year long quest) when we also had an aha-moment about how to re-engineer traditional online payments. Thus, the Bolt you see today. News on crypto for online payments to come :-)