I like this idea i just now feel we'd have some problems making that happen. I actually after leaving what i call the traditional investment businesses. I was a stockbroker and commodities broker for some big firms. I tried my hand at venture capital. i was there only about 6 months working in mergers and aquisitions. I didn't like it. It was a great deal more foreign to me than how some of the businesses i had worked for in more prestigious firms at went.

Anyway, here's what i learned and what i'd say. One issue is that remember venture capitalist, often times they aren't just like normal investment people. They are like the elite of the investment industry. So they really know how to invest and make money. They know about everything. So their decisions are always good decisions.

The problem with inhouse funding in crypto so to speak. We already do that and we do it poorly. One example is this hive proposal system. Look how ridiculous that is. So first i'd expect alot more of that sort of thing. Yes in idea it sounds great to have this power taking away. However you do need qualified people to make important investment decisions in some cases. Maybe on a level like this.

For example venture capitalist often times just deal with accredited investors. So not only do they have mostly big money clients they have alot of expertise as i underlined earlier. So you could have some real crappy shows with self funding in crypto as we've had many many times. Often times its just someone with the biggest stake on the platforms making the call. Or its one big entity deciding who gets funded.

Thats not how it works in the Vc world. In the Vc world the most qualified educated people on investing for the most part make the best decisions. Also Vc's wanna make good money. So niche markets.. small projects and redundant projects maybe can garner the smaller vc's but certainly not the bigger vc's. So i would imagine if we tried to self fund crypto projects or any projects they'd work something like they've worked already with our various funding mechanisms which haven't worked well or haven't worked at all.

So another problem with crypto funding is some things are off limits. I'll give you a specific example. My project Bitcoin MYK i can sell it to a vc. Why? because really its' about growth of a big social network that runs on freemium services? Where have you heard that before? Well thats similar to what happens with most social media sites. The crypto element being the twist and other things i won't get into.

Now as you mentioned vc's dont care about your privacy . your ethics your ideologies at the end of the day how does this make money for them and how much can it make? Now i can sell a vc on my project will have a billion users and all that because its based on a freemium service model. So they can go okay we put advertising on this we sell some data. The problem with crypto it wants it data off limits so now the vc's can't make money.

I think that should be an option for the people. I call it the tech check. if you want your data sold and its your choice you can. if thats off limits you've limited them. Now you only have the money inside crypto to work with. You now got inexperienced investors in many cases investing in things going nowhwere. Again example the hive proposal system. So those are some of the obstacles you'd face.

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