Just as with the internet, the early builders/companies on Bitcoin are going to fail. The exchanges, the early wallets, the pretend middle-men between fiat and Bitcoin…they’re going to fail. Coinbase will go the way of AOL, Swan will be Lycos, the Bitcoin for cash-card exchangers will be idunno, Petsmart or whatever. The path is well trod.

The winners in the Bitcoin future are going to be those who risk everything to build the most robust, singular future on Bitcoin.

The Amazons, the Googles, the Ebays, the Facebooks. But different. You can’t copy the past and innovate.

And you can’t incorporate and become wealthy on this new platform.

You have to build a magnanimous future without regard for whether you become wealthy yourself, except in how you sell your works to stack sats.