I wrote recently (in response to#[2]) about this problem applied to developers - if you're dev, it's much harder to get grants and funding to work on Bitcoin, vs the hottest new shitcoin that just closed their ICO / funding round.

In the long run I expect things to get better... but in the meantime, good luck dealing with funding, especially in the bear markets.

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As an advisor to a handful of Bitcoin startups and someone who makes connections for those raising whenever I can, this is consistent with what I’m seeing. This TVP stat is particularly sobering.

Add to this that I’m particularly concerned about a willingness for these same investors to back noncustodial startups.

I need synonyms for ‘particularly.’

Chiefly, chief.

🫱🏻‍🫲🏼

Especially

🫱🏻‍🫲🏼

🤣

😅 not enough #coffeechain