The barrier is too big for the "normies" to enter our market.
Hear me out.
Let's take the example of Sia. Let's say you are a 20 man company in need of some storage for your files. Here's how you have to do it:
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Sign up at coinbase / Gemini (whatever) and wait 3-4 days for your cash to deposit and your verification
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Get your cash and make them into BTC. Hopefully at a good rate?
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Sign up to an exchange and transform your BTC into SC
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Download the SIA client and wait 3-4 hours to sync
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Transfer your Sia coins to your wallet.
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You got it!
In addition, you are not quite sure how much that BTC got you in terms of value. Maybe you paid $250 but when you finally bought the SC the value was $300 and you bought less coins because of that.
The finance department would have a bad time doing all the conversations and realising the true cost.
Meanwhile, getting an AWS/Google Drive whatever else, can be done and set in an hour or so with a set up cost that you can track and get invoiced.
Thoughts?
Posted Jun 17, 2017, 11:16 AM UTC