Lorien Gamaroff, Tradition is Radical: How Centbee is Re-In…
Lorien Gamaroff, Tradition is Radical: How Centbee is Re-Inventing Bitcoin Business with Financial Compliance Systems
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Building a Bitcoin business... The kind of foundation you're developing...
Talking about more than just app development, but also, business issues.
Important to recognize that app development is business creation. I like that reminder here.
Dammit. I'm out of tea.
He's moving really, really fast here. Lots of info for Centbee's business.
I'll say this... I think they have a very big vision, and probably not enough resources to make it meet its potential - yet.
I think they are placed well in Africa, but need to keep working to compete globally.
This is partly based on my experience with Centbee, and partly seeing what they're building.
I have big hopes for their business. I hope they succeed in their vision.
I think this talk is best taken in full. Big messages, lots of supporting details.
So the themes... Regulatory compliance, business sense, etc. Professionalism, essentially.
I think this is very important, but again, I hope they're able to up their game.
Centbee as a social networking app... Eh, I don't feel it...
Wallets are not networks, they're tools to integrate with the Bitcoin network.
By all means, have a contact list, but that's not the same as a social network.
Ok, Personal Paymail...
This is interesting. I think it's awesome, but I really want to dig deeper into the details. How does it work on a technical level?
Wouldn’t it be 10X easier to use a wallet as a social networking app than to pair a wallet with a social networking app? Consolidation.
The two serve very different functions. Why generalize a single application across two very different service types? It is detrimental to the user experience.
Best is to create interoperability instead. Social networks that connect with wallets.
I think there may be room for both.
Competition will do the weeding out... And that will be done based on resource usage. Generalization across different markets is resource costly.
I’m all for competition, without it life would be boring.