10 sats \ 0 replies \ @pi 29 Aug 2022 \ on: Why did OpenBazaar Fail? bitcoin
I remember how it started, it was initially developed by Amir Taaki, an anarchist, with the clear goal of becoming something like a decentralised Silk Road.
Getting it to run was quite an ordeal, the UX was horrible and never seemed to improve. Although it started as a Bitcoin only, they later added altcoin support and even decided to introduce their own coin.
In hindsight, I think it was one of these projects that fail, partially not because the idea is bad, but because they are too much ahead of their time, way before the market's ready. Someone might pick it up later, improve the product and the business model and make billions with it.
With Lightning now being functional, the project and business model need a new and fresh approach.