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Sort of starting to feel like all the crappy Bitcoin-specific businesses are about to get replaced by their "normal" equivalents who will just suddenly start ta
by rdl 13y ago
Sort of starting to feel like all the crappy Bitcoin-specific businesses are about to get replaced by their "normal" equivalents who will just suddenly start taking Bitcoin. Much less disruption than new privacy/security/anonymity focused companies who were early Bitcoin adopters replacing old institutions, but much more likely to actually work.
Kind of the equivalent of NYT becoming a major website for news, rather than something organic to the Internet becoming the main news site of record.
- tych0 13y agoI don't really think this is a problem, though. The point of bitcoin is not to distrupt businesses, it is to disrupt traditional currencies. That traditional businesses are accepting it is a sign of good, not bad.
- rdl 13y agoI agree that it's a sign of maturity and success for Bitcoin itself; it's just not a great sign for people who invested in Bitcoin-specific businesses. A great position right now would probably be "products and services to help service providers integrate bitcoin into their core products". Simple merchant integration is one thing, but more in-depth integrations would be interesting.