If you were to make a bitcoin service/company,
What would it do and how would you go about doing it?
Would it help people around the world or just make money?
What features would if have?
Why would your idea work better?
Please leave your ideas below.
Joe here from
Magnr, a bitcoin trading, savings and investment platform.
In 2013 I did just that and launched a bitcoin only trading platform called BTC.sx (now known as Magnr Trading).
> What would it do and how would you go about doing it?
We both personally and professionally see a huge opportunity in the on-ramping space. What I mean by that is any form of business that is involved in getting Bitcoin into the hands of people. Its becoming easier and easier to set up these businesses with banks becoming more aware of what Bitcoin is.
USD / GBP / EUR etc are trillion dollar markets
Bitcoin is a 6 billion dollar market (tiny in comparison)
If you are bullish on bitcoin, then the on-ramp space will be an opportunity worth a hell of a lot of money if you are successful.
We do not do this at Magnr because we are fairly focused on investment based products.
> Would it help people around the world or just make money?
Do both! Any bitcoin business (as long as its not a ponzi or a scam) helps the ecosystem grow which helps all the bitcoiners in the world! Making money is a very important part of running a successful business so make sure whatever you do makes money for you too. That is unless you are super rich and want to give bitcoins away, in which case go set up a faucet.
> What features would if have?
That depends what you do.
> Why would your idea work better?
Ideas work best when you have passion. Make sure whatever you choose, you can be passionate about.