jimmysong on Nostr: Painful Truth: We need more normal businesses that integrate Bitcoin than Bitcoin ...
Painful Truth:
We need more normal businesses that integrate Bitcoin than Bitcoin businesses that are creating yet another wallet/exchange/mining facility.
The former is what you'd call a traditional business, the latter is a VC funded business, which is largely running on fiat. We don't need more speculative companies that are still trying to find product/market fit that gets them profit. We need more businesses that really provide value.
Published at
2024-02-02 22:22:06Event JSON
{
"id": "8504b9a5c457885f847d17d912a35bca44d627a08767be74bf9ade22fcd3ef05",
"pubkey": "7b3f7803750746f455413a221f80965eecb69ef308f2ead1da89cc2c8912e968",
"created_at": 1706912526,
"kind": 1,
"tags": [],
"content": "Painful Truth:\n\nWe need more normal businesses that integrate Bitcoin than Bitcoin businesses that are creating yet another wallet/exchange/mining facility.\n\nThe former is what you'd call a traditional business, the latter is a VC funded business, which is largely running on fiat. We don't need more speculative companies that are still trying to find product/market fit that gets them profit. We need more businesses that really provide value.",
"sig": "7a497650191286744c4b75709f22ca170161ef6adb2afc51b1eda336791b49bfd8d65a3d10ea6bf9f01e17a2ccabe741ea65613e6c60bd9211f605c23bb3e838"
}