Quote: (01-06-2018 12:35 PM)Celestial Wrote:
- Obvious demand for a decentralised payments network in the crypto space.
I'd be more interested if there were demand for decentralized payments using a crypto network outside the crypto space. That is: people who currently want to make (legal) exchanges using fiat but for some reason find the existing infrastructure for doing so inadequate.
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- Support from YCombinator. I'm neutral on this, as they are reputable but a VC firm by its nature funds many early stage startups, many of which fail completely, and a few exceed expectations and become wildly successful. If another major player came out in support for this, that'd give more credibility.
Basically, what it tells me is that at least they think what they're doing has potential to be a legitimate technological innovation, and it's not just 100% smoke and mirrors cash grab.