/biz/ - Business & Finance

>>339090

Because if a startup with limited credit can buy something wholesale, larger players are already dealing the exact same product.

Except they already have the market divided between themselves, and their costs are a fraction of what yours are going to be, meaning they can sell the product for way less than you.

Now please explain how you plan on making enough sales to make a living.

The price took a hit, but that's a result of the exchange's fucking incompetence. This doesn't change anything if you believe in the basic premise of a borderless, decentralized currency that is also inflation proof.

When a country like Argentina's currency goes to shit that doesn't become a justifiable argument to return to a barter system and do away with 'money' entirely.