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Author Topic: Imagine a crypto world without VCs  (Read 223 times)
The Cryptovator
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December 12, 2022, 03:37:03 PM
 #21

Remember that when Bitcoin was discovered, there was no venture capital, and they did not invest in it. Bitcoin learned to survive by collaborating with the community rather than venture capitalists. Bitcoin has been helped found by venture capital, which was not long ago. However, venture capital is directly helping Bitcoin to start rising because they are investing significant sums here. But that doesn't mean Bitcoin can't survive without them. Because Bitcoin is decentralized and independent, it can survive with the community indefinitely.

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December 15, 2022, 07:48:52 AM
 #22

I don't think venture capital has a very important role to play when it comes to Bitcoin, for the best I know, venture capitals aren't that nice because there sole purpose is to make money and also profit from whatever money given to you.
I don't really know if Bitcoin would survive but just as @welsh said, Bitcoin wouldn't fade or die off because of the acceptance of venture capitals.
What Bitcoin currently needs now is mass adoption and watch it soaring massively.

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fortunecrypto
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December 15, 2022, 11:42:01 AM
 #23

Is it fine to say that crypto world would be better still today without the involvement of VCs? Or there is a catch?
Cryptocurrency is better off without them Cryptocurrency was created as a peer-to-peer and these capitalists just include Cryptocurrency as a way to make money look at the other industries that benefited from Cryptocurrency that includes the casino industry.

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1. Do you think their involvement is helpful?
It's the other way around venture capitalists benefited a lot because of Cryptocurrency many investment companies uses the power of blockchain to make more profit, and it's not only the venture capitalist in fact all the other industries have benefited and will benefit from using blockchain and Cryptocurrency



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