Pick a strategy, that the most sense based on analysis. How will competitors react; how will we defend. Take it from the point of view of one of the players (not just look at bitcoin and evaluate industry, but from strategic point of view, what would you do if you were a player in the industry) Either focus on consumer provide with bitcoin wallet – Focus on marchlands and settle marchlands to settle Build link between the 2 Other choice, play domestic or international. Challenge convince consumer that this is the right product try to be the first one before it takes – – off Risk how to overcome barrier to acceptance. How to convince customers and marchlands to adopt – If ppl buy bitcoin then convert to cash how to get people to hold on to bitcoin (reduce volatility) – Suggest take position of one of the player: is the strategy currently used supplier, or – –wallet merchant smootherer playing role of credit card. Lots of non believers there is no recommended font size or style; just make your project inviting to read. I. ANALYSIS & EVALUATION 1) In 2014, the economy is still in recovery after the 2008/9 recession. In the US, GDP Growth is stable between 2-3%, an inflation remains well within the Fed target; below 2%
Pick a strategy, that the most sense based on analysis. How will competitors react; how will we defend. Take it from the point of view of one of the players (not just look at bitcoin and evaluate industry, but from strategic point of view, what would you do if you were a player in the industry) Either focus on consumer – provide with bitcoin wallet Focus on marchlands and settle marchlands to settle Build link between the 2 Other choice, play domestic or international. Challenge – convince consumer that this is the right product – try to be the first one before it takes off Risk – how to overcome barrier to acceptance. How to convince customers and marchlands to adopt If ppl buy bitcoin then convert to cash – how to get people to hold on to bitcoin (reduce volatility) Suggest – take position of one of the player: is the strategy currently used –wallet supplier, or merchant smootherer playing role of credit card. Lots of non believers there is no recommended font size or style; just make your project inviting to read. I. ANALYSIS & EVALUATION 1) In 2014, the economy is still in recovery after the 2008/9 recession. In the US, GDP Growth is stable between 2-3%, an inflation remains well within the Fed target; below 2%
BitCoin_internal_simon.docx