Re:Introducing A16Z Crypto
by wolfgke on Monday June 25, 2018 @08:43PM
(#17397098)
> While I'm not certain I could state what problem iPhone (or smartphones in general) solves, it's definitely proven market fit.
Being a market fit does not mean that it solves a problem. To me, this is only one important reason (though IMHO a more safe one to bet on) among many, why aroduct is successful in the market.
As I wrote: Bitcoin attempted to solve a problem that seemed (and in my opinion was) very important at the time when it came out (this also IMHO explains the initial hype). The problem simply has become a lot less important and urgent for most people in our days.
Being a market fit does not mean that it solves a problem. To me, this is only one important reason (though IMHO a more safe one to bet on) among many, why aroduct is successful in the market.
As I wrote: Bitcoin attempted to solve a problem that seemed (and in my opinion was) very important at the time when it came out (this also IMHO explains the initial hype). The problem simply has become a lot less important and urgent for most people in our days.