Replying to Avatar BoomTown

Except Ten31 isn’t doing the sats flow. He is allocating capital to companies doing the WORK and then advising others to flow sats. They’re taking a cut of their LPs’ capital.

Thats like the literal definition of VC…

The middle man is unnecessary. Funds are unnecessary. Bitcoin fixes this.
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Daniel Morrissy 10mo ago

It’s very early and the model has lightyears to go before general adoption. Long term you may be correct. I’m always happy to hear a thesis.

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