Yeah...we've talking about that...my thoughts are there is a seed change happening in some of the bigger investors and initial investors. I have several friends that have been playing out this game now for 5 years and are frankly burnt out.... instead of the road forward being clearer, its become cloudier in some ways. I think the biggest thing we need to work on...and it has to start with BTC is grow the acceptance of this ecosystem. BTC must/has to succeed, tho I'm sure there are those that would disagree... We can't have businesses...like mine for example always wanting to change BTC or any coin for fiet. This is are single biggest challenge. Neutrino, is has very interesting concept up their sleeve, and I've video chatted with them several times a few months back, I wouldn't dismiss them so easily. They have had some very successful ventures in the past and have a great base, although small, around them. I know they are watching the crypto scene right now and plotting what route to take. We'll see. Its interesting times... and I think the whole crypto community should band together to promote this to the masses. Our in fighting has collateral damage to those outside of our community. Its hurting us by not painting a positive picture of the ecosystem. It sucks because there are so many bad operators out there, that we all get jaded. But folks...we need each other...we need to promote Crypto coin to the masses. I'm not sure how we are going to bridge our in fighting. no clue.
+101
These questions have had me vexed for a while now.
But then you have Robin Williams death and the first thing that happens is that his daughter is trolled on social media.
I wish more trolls would read up on the prisoners dilemma. It proves that working against each other does no one any good, but working together helps everyone.
Then there is the issue of Bitcoin going main stream. It needs something to back it. At the moment its mostly fiat, but you are right, businesses that accept Bitcoin convert for fiat creating selling pressure in a lot of instances.
We could do with a bitcoin investment trust that buys assets that yield dividends which are used to buy bitcoin which are distributed back to the investors. This is what Middle East oil money is used for - pull oil out, sell it, buy investment assets that yield dividends in perpetuity. That's why Saudi Arabs own so much of America.
