Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
rdsc
on 13/06/2013, 00:23:09 UTC



Sure - but BTC wasn't created so that Big Fish with lots of money could have a better life.  I couldn't give a fuck about VC or CEO interest.


Alright, gangsta. You're missing the point. Venture capitalists are the people that have and are going to continue to invest in startup companies centered around the use of Bitcoin. This means, new exchanges (hopefully better than Mt. Gox), companies that make it easy for the computer illiterate to purchase bitcoin, easier ways to pay for things with BTC, etc... If you buy BTC you definitely should give a fuck about VC interest. Not sure what you mean about CEO interest though. VC interest will provide the infrastructure for bitcoin to gain widespread adoption and use. This helps their value.

I'm no gangsta, I just don't think BTC was started to provide VC's with a new way of getting rich. I don't agree that adoption needs VC input - it works because it works - that can be it's strength in exactly the same way that Linux didn't need VC input to thrive and survive. You want corporate money? Go Ripple.