7 ms·

why enterprise? why not consumer? can you monetize via crypto?

• malfist 10mo ago
  Are you really suggesting crypto so people can bypass sanctions?
  • tbrownaw 10mo ago
    Isn't evading pesky legal restrictions pretty much the entire point of cryptocoins? Sanctions, capital controls, banned substances, ransoms ...
  • system2 10mo ago
    Yes? Isn't it the purpose of crypto to avoid centralized restrictions? The person can still pay taxes by declaring it. Either way, when he turns crypto into fiat, he will have to explain its origin to his government and eventually pay taxes.
  • 8note 10mo ago
    dont ask dont tell a major crypto usecase is terrorist financing/sanctions avoidance
• echend 10mo ago
  Great question. Why enterprise: B2B customers pay $500-5000/month. Consumer would be $10-50/month. I need fewer customers to survive. Why not crypto: Tried that. B2B accounting departments won't pay recurring subscriptions in Bitcoin. Too volatile, compliance issues. Consumer crypto payments might work but harder to scale. The honest answer: I built what I knew how to build (enterprise infrastructure) without validating the market first. Classic founder mistake (see avandekleut's comment above - they're right).