No successful VC pitch starts with a 50 page white paper. It’s about explain the problem you solve, your added value, what it will cost, and how will you make money.

Most of the developing world lives out of $2 a day. They are not going to switch to cryptos to lose suddenly $1 because some hacker, ‘authority’ or whale cracks into some marketplace.

Large institutions are not going to risk trillions of dollars in some immutable but trackable database. Rely on some Russian teenager to unfreeze funds is not a viable option for fund managers. If you solve one problem by creating bigger ones you haven’t solved anything.