Thoughts from this past month.

1. Founders building software outside of exchanges and mining should apply first principles thinking around satsflow and install base by first aligning with the right community to get to these and other project goals. 🚰

2. The "VC model" in its current form will be recreated and become more milestone based. Timed unlocks.

3. Also accepting fiat for equity in a bitcoin company is becoming less desirable by builders. (Ergo 1)

4. Two most valuable assets on earth post Bitcoin etf, is Bitcoin and a Bitcoin company holding Bitcoin. It's the "new data" everyone is after.

These trends are starting / have started. Something to consider is why you should be building on Bitcoin with community in mind.