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I used to believe that as well, but I have very little confidence in this team. They have underhired in the dev department, overhired in the bizdev space and "country managers" where no business is actually happening. The remittence angle of their business is non-existent, the only hope for this project is if MNO's adopt and use it as its been intended to be used. The bank, while novel has no business as well. They are a virtual unknown in the fintech realm, they are doing the standard startup tradeshow/lead gen stuff, but thats really just startup 101. How effective those events have been would only be known to the tel team itself. I'm truly worried about scalability and how their network will perform under real load, not the trivial few hundred transactions that I have seen. They are woefully underfunded, and I think myself and many others suspect they have been dumping holdings to pay their people because a 10M seed/angel round is definatley not enough to sustain their burn rate for this long. The 25M they got should be locked away as part of the bank charter requirements, so I'm curious how they have funded operations over the last 9 years. On top of all of this is the total absence of anything close to marketing or building a brand that anyone would know about. You had a product that worked for remittence payments for the unbanked, yet the marketing plan was 3 or 4 bus station posters and an island boys video. The remittance business itself could fund operations if anyone knew it existed. I do really hope this thing pops because financially I would benefit greatly having continually bought over a 6 year period. My avg is .0023 not great but not awful with roughly 8M tel. By no means a signficant investment, but it was a gamble on my part. If this all works out, great, but from what I've watched over these years, I see a team with very little track record of success in their past losing any first mover advantage they may have had, and squandering what could be a legitimate business if not for a leadership team that has continually overpromised and underdelivered