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/biz/ - Business & Finance

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49411954 No.49411954 [Reply] [Original]

Crypto ventures should stop trying to turn into companies. For what purpose? LINK is a fantastic example of how much money is wasted over pretty much nothing. The tradeoff is immensensely negative in the end.

>> No.49412047

>>49411954
why not? if they can and it makes sense i don't see why not

>> No.49412056

>>49411954
Yes, you're right and we all learned from that, right?

>> No.49412073

>>49411954
Why would a coin survive more than a year otherwise?

>> No.49412076
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49412076

>>49411954
Can't OPs post something interesting?

>> No.49412095

>>49412073
>Link is a fantastic example
Link is still a good coin, you should all invest in it

>> No.49412096

you always need to have the confidence of your investors

>> No.49412134

>>49411954
>LINK is a fantastic example
Could've chosen a better example but ok whatever

>> No.49412143

>>49412073
It could, just need some based usecases and you're pretty much sorted

>> No.49412144

link has remained valid over time

>> No.49412146

Fuck VCs, they are destroying everything, we shouldn’t forget that we have to give someone the fault if something doesn’t turn out good. IT'S VCS FAULT

>> No.49412158

what is the product? the coin or the company? why would a currency be a product? it is a medium used to exchange to obtain products.

>> No.49412164

>>49412096
Kek Do you really think that's possible to do that? Investors are really particular and hard to please

>> No.49412168

>>49411954
do you believe in miracles?

>> No.49412175

>>49412164
>hard to please
my girlfriend is too

>> No.49412195

>>49412076
That's what i've been praying for llike 18374829 years

>> No.49412210
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49412210

>>49411954
I don't trust a single crypto venture which doesn't open source all of their code. If I can't check out the code and see if the project is shit or not I won't even bother. No amount of hype or "celebrities" will change this. Simple as.

>> No.49412214

>>49412158
No but some projects have the potential to become a company, i just don't think we've quite reached there

>> No.49412226

>>49412210
>No amount of hype or "celebrities" will change this
eh UR wrong, we saw what happened when nfts were blowing up didn't we

>> No.49412229

>>49412195
>>49412076
You wish

>> No.49412239

>>49412214
stfu child

>> No.49412250

>>49412226
>>49412214
You are right, history is the proof

>> No.49412249

>>49412214
and some projects have the potential to destroy your wallet

>> No.49412255

>>49412214
would that make america the company of the usd?

>> No.49412319

>>49411954
Waves is not going to end like Luna

>> No.49412338

>>49412158
USDN is the product, right?

>> No.49413448

>>49411954
Retard take. The opposite is true. To succeed crypto projects need to start looking more like traditional companies.