I fear VC money is at risk of compromising bitcoin. Money killed the Swan story and many investors in the “ecosystem” of bitcoin are more worried about their investment than they are bitcoin. nostr:note1za4twg3993f8t5hjqvqfq9h65ckk7pjnvjhvaldm3nhaelvjfg5sd5xq4y
Discussion
The VC model dies under a bitcoin standard. Don’t worry, the VC money will dry up before bitcoin is compromised.
This next run up will fundamentally change institutional investing forever. Gonna be awesome.
Don’t worry, VC money runs away from bitcoin only companies like they are cancer. They want “blockchain” and “crypto.”
The barely a handful of funds that have finally sprung up in the past few years and literally comprised of bitcoiners trying to put their returns back into the ecosystem with bitcoin only projects and infrastructure.
The only times the funding environment will likely get ridiculous are during the worst of the fiat printing cycles, and if we have a bitcoin focused run where crypto stays low on the totem, but I’m not so sure they will have as much success suppressing interest rates like they used to… we will see
I don’t think that’s the reason most people are shilling Liquid rn though. They’re shilling it because it’s useful in the current high fee environment.