Quote from: marcus_of_augustus on May 24, 2016, 11:27:34 PM

Quote from: hdbuck on May 24, 2016, 08:19:05 PM

Quote from: JayJuanGee on May 24, 2016, 07:44:50 PM

changes should not be made willy nilly to bitcoin's protocol, and merely for the sake of change when $7billion is directly at stake, and there seems to be around $20billion invested around bitcoin (maybe some of that is also shared by alt coin investments). http://www.newsbtc.com/2016/05/24/cryptocurrency-market-bitcoin-worth-19-48-billion-2016/

If only the VCs would have bought directly into bitcoin instead of cashburning ~~scams~~ middlemen, they'd surely be in a better position to negotiate some protocol changes.. Grin

i wonder how much of that VC money ended up in coders' hands who turned around and bought bitcoin with it ?? Grin

Yep.. agreed.

There is some rippling effect from investments, and I am glad that some of the early investors in bitcoin saw fit to invest in bitcoin and to develop the space.. In the end, we need the VCs and the VCs need the speculators, and possibly somewhere down the line some of the VCs are going to make some decent profits from their BTC venture investments even though measuring each investment individually, it may not seem to be a very good investment... also, successful business will also tend to learn from some of the failed businesses to take some of their successful components and maybe to avoid some of the unsuccessful components to the extent that they can identify those aspects.