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A comment on Blockstream closes $21M round. Parent comment

Re:Blockstream closes $21M round by bollix on Monday November 17, 2014 @05:47PM (#8621224)
You seem under the delusion that investment / acquisition etc happen based on merit.

More often than not, it's just about who knows who, back room dealings and favours.

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Re:Blockstream closes $21M round by vessenes on Tuesday November 18, 2014 @12:11AM (#8622469)
In this case, you're wrong. This team is easily the highest IQ concentration in Bitcoin history.

No other group comes close; in fact, I would have said their only possible weakness was that they might have been too nerdy to raise a round. Luckily, I don't know shit about their fundraising skills. This is easily the most bullish news Bitcoin has had in years, in my opinion. Great team, fantastic tech and theoretical track record, and a technology that will build Bitcoin value and usefulness. What's not to like?

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