Post
Topic
Board Service Discussion
Re: Purse.io is shutting down
by
bbc.reporter
on 01/05/2020, 01:57:17 UTC
Probably some from Column A and some from Column B.

They have an office in high-rent San Francisco, with 17 employees. They last raised seed money in 2016. They have probably never turned much profit, and have now burned through their venture capital.

If the company were stripped down to the bare bones -- and with the added value Roger Ver will get from promoting BCH or his other ventures -- perhaps an acquisition makes sense. I don't know anyone else besides Roger Ver who has the money and unique incentives to make it worth it. I don't personally see much of a future for Purse.io, but I'm no business guru.

Will purse.io transform into a scam political attack tool under Roger Ver's ownership or he should be cheered because he saved it?

I reckon this question might be on some bitcoiners' heads with no answer hehehe.

I bet someone will use this quote from movie The Dark Knight Rises, which is "You either die a hero, or live long enough to see yourself become the villain". But apparently Purse.io chose to "die a hero".

It died a hero by accepting money from Roger Ver to save it and clearly use it as a passive political attack tool? I reckon that it might also be continued to used as a money laundering tool as mentioned by gmaxwell.