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BitcoinXio
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Boost VC poll shows that portfolio companies are more excited about bitcoin

Thu Feb 18, 2016 5:49 pm

In a poll that Boost VC ran against all of their portfolio companies that are focused on bitcoin and blockchain tech, it showed that all of the companies are optimistic about bitcoin. This should be expected since all the companies are working on bitcoin and/or blockchain startups. However, it should be noted that the companies seemed to be more excited about bitcoin than blockchain tech in the poll results.

Read more: http://bitcoinx.io/news/articles/boost- ... t-bitcoin/

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Re: Boost VC poll shows that portfolio companies are more excited about bitcoin

Thu Feb 18, 2016 8:43 pm

In a poll that Boost VC ran against all of their portfolio companies that are focused on bitcoin and blockchain tech, it showed that all of the companies are optimistic about bitcoin. This should be expected since all the companies are working on bitcoin and/or blockchain startups. However, it should be noted that the companies seemed to be more excited about bitcoin than blockchain tech in the poll results.

Read more: http://bitcoinx.io/news/articles/boost- ... t-bitcoin/
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arnoudk
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Re: Boost VC poll shows that portfolio companies are more excited about bitcoin

Thu Feb 18, 2016 8:48 pm

Intuitively this makes sense, Bitcoin is the world's most liquid blockchain and it is the worlds most secure blockchain.

All it needs to do is scale, and it shall grow in value. The value of one bitcoin is proportional to the value that people derive through it's use. With more use cases, more value is created and thus a higher price per bitcoin is realized.

Some uses will be on sidechains. Some uses will be on micropayment services. And some uses will be on the bitcoin blockchain. It should be the market that decides where what value goes. That's one of the reasons I support scaling. Scaling is not 'limiting one aspect and forcing transactions elsewhere'. Scaling is 'not limiting any aspect, and letting the markets decide what they want (and pay for it).'
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