| > Cryptocribs doesn't need to take over the entire market for it to be a worthwhile endeavour for its creator or users. I agree it doesn't. But if they want to build a sustainable business, they'll need a critical mass. Maybe it's possible to achieve that mass with this model > When you pay using a debit card in person, why don't you withdraw cash from an ATM and then pay with cash? That's not a good analogy. If I need to buy a product and they don't accept debit cards, that's precisely what I do. Consider this hypothetical scenario. A person has BTC and dollars. She needs to book an apartment for her holiday in Barcelona. If the better (regarding quality, price, trust, availability, location, etc.) is on Airbnb, do you think she would book an inferior offer just because she can pay with BTC? Just to be clear: I'm not trying to bash Cryptocribs. I think it's fantastic that people are creating new stuff and challenging incumbents. I am not a crypto expert, but I do have some experience in building startups. I am just trying to pose challenging questions and get a discussion going. Because, who am I to know if this model or that model will work out in the future. All we can do is try to ask the right questions :-) |
I agree with everything you've said, in the context of startups, but I think this is just a one-man side project. If it makes any money at all, it's a winner.