My Cryptocurrency Startup Journey : Day 0 (The time I thought it was a good idea...)

in ulog •  6 years ago 

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Inhale... Exhale... Ahhhh, yes. Silicon Slopes. Home to smog, tech startups, and summer-sales-bro entrepreneurs. Can you make room for one more?

Actually, calling me an entrepreneur is overstatement -- if not a straight up Dr. Hyde concoction. I'm the A student in school who always follows processes and hates contention and confrontation. And forget risk taking: Go skydiving? Drives up insurance. New restaurant? I'm not prepared to make love to the toilet again. New TV show? Nah, I still got to rewatch Mr. Robot for the 100th time.

So, if I'm such a whitey-tighties-stick-in-the-mud, why am I going into a startup? TLDR, I'm a believe in the human soul to do the right thing when given an environment of freedom.

So what now?

Luckily I have a couple friends with the managerial and business skills needed to make this happen. I'm just tagging along to provide the boring technical advice that no one. But here I am :)

Surprisingly, in a place called Silicon Slopes (Utah's tech region between Salt Lake and Utah counties) there are few businesses accepting cryptocurrencies as payment. There's Pie Hole in downtown SLC, but that's pretty much it. And they've been accepting bitcoin for years.

My friends, Justin and Chris, and I decided to change this. We won't be building our own native wallet or exchange (although, we might do that in the future). Right now we'll simply fill the informational/practical gap of getting businesses to start using cryptocurrencies in the first place. All three of us are pro-liberty types and would love to see the individual empowered instead of the collective few. And this vision naturally drove us to blockchain/decentralized technologies -- I just found myself doing the boring stuff like coding and reading white papers.

We don't have a name or theme song yet, but that'll come. Right now, I'm researching existing wallet mobile apps that will be easy for a merchant to use -- as well as exchange apps that will allow crypto-to-fiat. (So if any of you have any suggestions, please let me know in the comments below!)

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Ben is a self-proclaimed techie and avid blockchain promoter who has a serious Napoleon complex. Which is probably why he blogs.

Leave your comments and questions below... and I might get to them... if you give my troll under the bridge some crypto wink wink

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Building business where cyrpto is the payment is an amazing idea.

Thanks! Hopefully others think so too :)