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Topic: Xapo Sets $40 Million Fundraising Record for Bitcoin Industry (Read 897 times)

vip
Activity: 1428
Merit: 1145
http://cointelegraph.com/news/112045/russian-billionaire-believes-in-xapo-bitcoin

Let's do the maths: $40,000,000/$15 (one time only membership fee) = 2,666,667 members needed just to meet the VC funding $. Luckily (for somebody), more members than those calculated will sign up to Xapo plus those pesky fees everybody's been cryin' 'bout will close the gap, thus allowing the VCs to ROI after...wait for it...expenses.


"I bid $100,000.01 for Xapo, Drew."

hero member
Activity: 658
Merit: 501
Bitcoin is one space where a true passion for the protocol is worth more than millions.

Warning: http://help.xapo.com/95219-What-fees-are-associated-with-the-Xapo-Debit-Card

looks like classic bait and switch. None of these fees were announced when we signed up initially.
sr. member
Activity: 364
Merit: 250
Bitcoin is one space where a true passion for the protocol is worth more than millions.
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