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Tuesday, April 27, 2021 11:19:00 AM
Believe it or not, (IMO), GreenBox's competition is not going to come in the form of another company. I believe that it may, and could, come in the form of irreparable in fighting, that would make the company sellable or capable of being stolen; through the death of a founder, or both founders; and while under new management. Short of that, competition for GBOX will be hard to come by.
Think about it...Circle got on board, (injecting 13 plus billion dollars of their technology and money into GBOX through SIGNET), and Signature Bank handed over $80 Billion dollars of assets to them to manage with their ecosystem. FiServ, VISA, MasterCard, American Express, Discover, etc. use their technology; and that's just who we know about. I personally don't see anyone challenging them technology vs. technology. GBOX (IMO) has to watch out for the mole(s), and the steal. The good and bad thing about new technology creation is that everyone involved is usually highly intelligent. That intelligence definitely has to be managed.
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