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Yeah that kind of pissed me off. It felt like he was promoting the moat that makes it harder for smaller teams to compete. You don't need to start with $10 mill
by dwaltrip 13y ago
Yeah that kind of pissed me off. It felt like he was promoting the moat that makes it harder for smaller teams to compete. You don't need to start with $10 million in capital to innovate in the bitcoin space. Especially if interfacing with banks is not a key aspect of the business. Accountability is important, however.
- yeukhon 13y agoYou should. There is a liability. You are thinking self financing with bitcoin, but when regulation comes public consumers will expect some degree of liability. And this needs capital, not 50k from your personal bank to keep your server running.