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I try and support every bitcoin business that I possibly can
I share the instinct to do this, but you're right to consider dropping your support. We want to support bitcoin businesses through their early hiccups. We also don't want new bitcoiners having these kinds of experiences.
I'd say we should tolerate mistakes to the extent the business owns up to them and makes them right. Mistakes plus lack of accountability is a really bad combination.
73 sats \ 4 replies \ @grayruby 4h
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.
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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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35 sats \ 0 replies \ @bren 4h
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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Yeah, organic growth that improves your current users' experience isn't flashy, but it is sustainable.
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