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The story of Swan will go down in Bitcoin history. Had a great first mover advantage, awesome marketing, celebrity and sports endorsements. Founder who had a big presence on social media. Everything going right but then they dreamed of going public and started focusing on that mission instead of what got them to the dance. Sad. Hopefully they get back on track. But let it be a lesson to all.
It makes me think of SN and while I would like SN to fly a little closer to the sun, I respect the path k00b is taking.
35 sats \ 0 replies \ @bren 21 Nov
The CEO made a lot of noise calling out scams a couple years ago, which I don't see a problem with, but then they started having a lot of problems themselves and kind of looked bad also.
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wait, closer to the sun? Wouldn't it be further away from the sun (i.e., safer, not getting consumed by hubris)?
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He's only made it through the first two-thirds of the story of Icarus. Don't spoil the ending.
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Yeah, organic growth that improves your current users' experience isn't flashy, but it is sustainable.
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It's early, my friend! Lots left to be written :) Being a public company lends credibility to a financial services business, making it significantly more attractive to partners and clients around the world. It's a MASSIVE p.i.a., and not something I've personally ever wanted, but it's super clear that the positive impact we can have on Bitcoin adoption would be multiplied significantly if we take on that burden.
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Wish you all the best. Not hating. Just an observation.
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