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In my view there are worse ways to make money from a chat app. Like selling all your users data. Ir worse yet just selling out to FB. At least a crypto schem
by ImprovedSilence 6y ago
In my view there are worse ways to make money from a chat app. Like selling all your users data. Ir worse yet just selling out to FB. At least a crypto scheme can maybe be the cash cow that helps them keep true to the privacy aspect....
- freeone3000 6y agoI'm really tired of every single company going through some abusive scam or data harvesting scheme to avoid simply charging me money.
- godelski 6y agoIsn't this because most users have decided that charging money is a death sentence? Hell, there's a HN article on this like every month.
- skinkestek 6y agoSomeone should always take the time to point out to such threads that WhatsApp was running very profitable based on that model without eveb trying. Also feel free to read anything by the Basecamp guys (yep, the guys behind Rails). It won't get you or the investors (another) yacht, but there exist a number of companies that delight their customers and change history far more than many attempted unicorns.
- xorcist 6y agoYet somehow the Wikipedia project has managed to stay afloat during all these years... I'm pretty sure more than one WikiCoin has been pitched too.
- ohyeshedid 6y agoUntil something goes awry in that crypto scheme and some intelligence agency decides to use that as leverage to undermine the security of Signal. Moxie, on his own, may be resistant to pressure, but when there's a secondary company involved that might be pressured by threats of losing several million dollars... This commingling of business interests means there's more angles of approach, and much more risk exposure.