Great presentation. Well done on all the progress these last couple of years

It’s such a mind bender to look at a chart that is decreasing. Truly “breaks one’s brain”

But that’s what a deflationary currency denominated revenue curve will actually look like

Especially at the adoption phase we’re at now (ie early)

Makes all the fiat vc norms like “10x revenue is roughly the value of a tech startup” mad

Once again we’re forced to a) create something of value b) live within means

What I find tough though is the idea of BTC as the hurdle rate for any investment

It makes parting with capital on risky equity plays even harder

Fascinating space to watch develop