This is going to be a powerful force, in a good way, but I wish it decentralized and more competition to each other.
we have enough competition from states as it is
What does that have to do with investors? Don't you think that this could lead to some under value companies?
Well, 60 investors. Honestly at this point I'd see it as beneficial for them to be banded together, combining their strengths, connections, capital and experiences to really push Bitcoin through. I imagine whoever is heading the effort has experience in bringing goals to realization...
Hopefully the good, profitable ideas receive the immediate backing of their little network whereas those with undervalued ideas can continue incubating until they can get to the point to fully develop their ideas into a product. Such a network can only help, and those if ostracized are always free to develop/find funding elsewhere, right?
