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by speedgoose 1885 days ago
Actually a lot of people here hate crypto for various reasons. One big one is the disastrous environmental impact of the proof of work algorithm (yes we know Ethereum will try proof of stake soon since years).

1) innovation: a lot of people are already investing in startups. The main value of your idea is to do something existing, but with crypto. Which has most likely already been tried. It's not necessarily a bad idea. The execution is probably more important than the initial idea.

2) legal issues: why would using crypto avoid you the regulations ? I feel like it will make everything more difficult and confusing for everyone if you want to do it legally.

3) usability: you will most likely target a very small group of experts. crypto are not user-friendly.

Your startup idea may work. Some people are very much into crypto and you could target them. Personally I would consider the impact of my work to the society. The proof of work is a no-go for me, but you may not care.