I think the ThorChain issues stemmed basically from what I keep talking about.
Too many people in this space focused on tech and don’t know how to run sustainable businesses.
We can’t get crypto main stream with out some “grown ups” in the room.
My passion is bridging this divide and I take a lot of heat from Hive and other chains from ideologically stunted tech people who think I have no tech knowledge.
So silly.
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Is it too much focus on tech or too much focus on speculation markets? I don't know much about ThorChain, but I do notice a lot of folks believe the market to be more important than customer acquisition.
customer acquisition will be an issue for crypto for a long long time if the mental of the industry does not change.
I agree. Hey I have a question for you as a successful business owner who understands crypto. What benefits does crypto offer to traditional businesses in terms of technology? I have an idea but I'm interested in your answer.
it doesn't currently.
businesses will not change until the new thing is better than the old.
That is my point continuing to say "onboard more users" is a joke.
how are you going to do that you have nothing they want.
the "users" in the space are trying to get tokens for free and dump to earn money (ponzi style)
Myself and some other chain teams are working on things that will change this but everyone in the space currently can't see what is coming.
If Hive does not wake up it will be passed by.
but they will tell you "but we are the best"
Really????
You have nothing anyone wants.
lolz...
but that's true.
They tend to ignor the business part
You have some point here friend. Business movers will matter for this