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16/09/18
19:10
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Originally posted by MikeMango
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With Bitcoin encrypted keypairs are held on your device (unless your happy to trust third-party centralised exchanges), if those are stolen you're stuffed. SendGold security is more akin to a bank: where stealing encrypted keypairs does not mean your money has been automatically stolen (like it does with Bitcoin).
They're probably raising funds via crowdfunding because Australia has very limited early-stage fintech VC funding, in the first half of 2018 there were just 7 fintech deals in total in Australia, all later stage companies, and most of the $ came from overseas.
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I’m getting the feeling we have just entered dot com style PE valuation in this sector where the potential is running way ahead of the revenue. No doubt it can mature over time. Good luck.