11–20 of 74 posts
Because bitcoin worked out so well. Have fun with that, dude.
a little unfair to tack this response on to this particular post, but it reminds me (again) how much time people spend on the outward appearance of apps around alternative currency without addressing the part that's actually hard.. how do you give an alternative currency real value?
That's not your job. People either will, or they won't.
What dmix & potatolicious said, plus: - The killer app in this space is whether you have an answer to "Why can a startup displace the incumbents?" and "How are you going to get people using this?" The answer to the second must be understandable by my dry cleaner, who would not trust bitcoin even if it were issued by the US Treasury. The prototype at this stage is probably about as useful as PayPal's first prototype (…
"It's killer app will be in" => should be "Its"
"Their going to (at first) offer them" => should be "They're"
"along side" => should be "alongside"
What dmix said. Why are you using a throwaway account? A co-founder relationship is very important, and my willingness to join you on this venture has less to do with your idea and more to do with you . Specifically: - Who are you, and what have you done? - What is your professional and personal experience, and what does it bring to the table in a general sense of running a startup, and in a specific sense, this idea…
What dmix & potatolicious said, plus: - The killer app in this space is whether you have an answer to "Why can a startup displace the incumbents?" and "How are you going to get people using this?" The answer to the second must be understandable by my dry cleaner, who would not trust bitcoin even if it were issued by the US Treasury. The prototype at this stage is probably about as useful as PayPal's first prototype (…
For your dry cleaner I would say: How much do you pay now per transaction for credit cards? Would you like to pay x instead?
They probably won't care or think about digital currency, but they might think "low fees". There is value even if only a few people use it at first. Obviously that is just the tip of the iceberg, but for anyone interested happy to talk more.
Thanks for the feedback.
I agree with potatolicious and dmix. Also, what's the difference between "Bitbank", Paypal, Stripe, etc. What makes this idea unique?
What dmix said. Why are you using a throwaway account? A co-founder relationship is very important, and my willingness to join you on this venture has less to do with your idea and more to do with you . Specifically: - Who are you, and what have you done? - What is your professional and personal experience, and what does it bring to the table in a general sense of running a startup, and in a specific sense, this idea…
The irony is he's using a throwaway even though his identity is not concealed. If you visit the website address in the screenshots, click "help" and then take the name listed and google it you have a full profile on the guy...
I think Bitcoin is awesome, but it offers users no protection - it's more of a cash replacement than a credit card replacement. This is something that might end up being difficult to handle (something to make sure users will understand).