Just amazing though eh. Projects like that getting an order of magnitude more cash than they need. What happens to that money?? All that happens is you make small groups of people obscenely rich who stick around to give the appearance of commitment, then slowly back out with enough cash for a family dynasty. Sure a few idealogues may stick around and truly innovate and put that money to work. But the vast majority are there purely for the payoff. They may feel like they are there to "revolutionise". But you put a few million dollars in someone's hand and priorities change quickly.
Honestly the shear scale of the cash influx is still so staggering to me.
RE: Overnight Wrap: Bitcoin and Steem Higher, Ether surges as Mastercard joins the Ethereum Alliance and stricter capital requirements for Aussie lenders