The personal identity paragraphs literally feel like they were directly removed from my head. So relieving to realize I'm not the only one who feels that way. The level of self doubt that can encroach on you when you are actually just doing the wrong job is really frightening.
Yugoslavia did exist at the point in time when they had hyperinflation, which is what I was referencing. For the record, I certainly do not think Yugoslavia, Angola OR Peru or are continents. I just rephrased to make that more clear. Thanks for your input!
You list five countries, only two of which are in Africa, and yet you generalize your prescription to one continent. You do know there are some 52 other countries/economies in Africa?
You could actually use bitcoin essentially as the payment "rails" for a transaction, so that people don't hold bitcoin and immediately then convert back into local currency, and therefore get around the price changes. Companies like coinbase already allow merchants to do this. Also, bitcoin prices will stabilize over time & as more people use the currency.
Hard to say, but I think one of the main hinderances is availability of capital, especially to early stage startups. It's not that there isn't money in NY, it's just generally far more available to later-stage companies (and arguing which is better is a whole other issue). Clearly, if a startup is having trouble raising on the East coast, they have two options: give up, or move West. I think that as long as this is happening, the scales are likely to continue to tip in SV's favor.
Amusing then, that there is so much interest in hardware. A hardware company seems to win a big prize in practically every hackathon I've seen in the past year at least.
