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RE: BitShares Viewed as a Venture Capitalist's Dream

in #bitshares7 years ago

@Stan, would greatly appreciate your thoughts here. You point out the following:

• Its (Bitshares) technology is widely superior to all competitors

What is the main barrier that Bitshares has to prevent competition from arising and eating away at its market share? It seems the movement towards decentralized exchanges is just beginning, and many new entrants to the space will likely pivot to account for this demand for decentralization, creating much more competition for Bitshares.

Best to you and the Bitshares team, I agree that higher prices are in store!

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There is never an excuse to sit on our butts and be complacent. Competition is always there. Our best defense right now is that others are complacent about their place on the totem pole.

Thanks for the response, and for engaging with us here on Steemit.