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Kevin Hobbs

๐Ÿ‘ค Speaker
118 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

I really want people to, or I think people should look at, you know, their internal process and infrastructures and the problems they're trying to solve and see if blockchain is really a fit for what they're trying to do.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

A speculation comes that,

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

I mean, I wrote a couple articles about this, talking about why I see the problems right now.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

And that's because around January, we let it horse into the crypto space.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

And that was fiat currency without a barrier to entry.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

And right now, the entire market is oversupplied with very little demand.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

I literally just talked about this at a conference in Toronto, how this market could go to zero for where it's at right now.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

And I'm very worried about that.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

And what I mean by the barrier to entry is... What happens if that happens?

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

I can see Bitcoin going very low, maybe back to... Well, I mean, you know, Bitcoin could go to $1,000.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

And Ether could be even lower than where it is right now, you know, $10 range.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Well, obviously we lose out a lot on the cryptocurrency that we hold.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Our business model still kind of stays the same.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

We just have to change the way that we charge for things.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Yeah, I definitely would.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

I would have to talk to some of my board members to see if they want me to do that.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Right now, they'd probably be against it, but yeah.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

We raised $500,000 in 2016.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Lisa and myself hold 90% of the company.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Her and I hold 90% of the company right now.