nycatx on Nostr: WRT to the Mutiny Wallet decision to wind down operations, please read the below note ...
WRT to the Mutiny Wallet (npub1mut…23vg) decision to wind down operations, please read the below note from HODL.
Additionally, as someone who watched this team grinding it out day in and day out at the Bitcoin Commons, I can attest that their work ethic and determination shouldn’t be questioned at all. Ben, Paul and Tony (and recently Marks) constantly we’re trying to create a wallet to help advance bitcoin adoption. More people need to try & fail. Less people need to opine on shit they know nothing about, demanding unfathomable transparency just because this industry is more transparent than most.
[end rant]
Additionally, as someone who watched this team grinding it out day in and day out at the Bitcoin Commons, I can attest that their work ethic and determination shouldn’t be questioned at all. Ben, Paul and Tony (and recently Marks) constantly we’re trying to create a wallet to help advance bitcoin adoption. More people need to try & fail. Less people need to opine on shit they know nothing about, demanding unfathomable transparency just because this industry is more transparent than most.
[end rant]
quoting note1gf6…6gsdSome thoughts as a mutiny angel investor. Open source wallets are hard. They’re even harder to monetize. The samourai/wasabi shit made that monetization even harder. Having seen some of the financials, I feel confident stating the team isn’t/wasn’t “pocketing money”. They are a small scrappy startup team working with limited resources. I believe they are doing their best / did their best with the wallet. I don’t believe anything nefarious is going on. Startups are just fucking hard.