Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's next steps?
by
NorrisK
on 23/02/2016, 07:09:50 UTC
Somebody with a bitcoin app or hardware should go on shark tank.

No, definitely not. Those people have limited IT knowledge, accept for Mark and they will apply that limited knowledge to the concept and kill adoption, because millions of people watch that, and believe those people have top knot knowledge about the topic.

I have seen many innovators with brilliant ideas going on there, and once it gets too technical, they get burnt. Not because the tech is bad, but because the Sharks think they know better. < Arrogance >

The "sharks" really do think they know better. In fact, I've realized that we all do believe that we know better--to some extent. The problem is that these individuals are trying to fit the bitcoin experience into the their current model of financial understanding. This is broken entirely for the bitcoin experience, and it is in itself an oxymoron. The financial model of bitcoin is much, much different...and a solution that has yet to be explored will likely be our answer!

It does not only need to fit in their current model of financial understanding, but more importantly it has to fit in their current methods of doing business and knowledge/partnerships.

The problem with a bitcoin app is that it is very unlikely that you are going to make a lot from it and that will instantly turn down the sharks. Unless you make some method of buying bitcoins directly in the app through the play store or something, that might actually work.