An open call to #Bitcoin-only angels and VCs: help us understand how custodial startups implementing full-frontal KYC/AML readily raise 10s of millions, while those building non-custodial products without KYC (for defensible reasons) struggle to get a meeting.

This isn’t an attack. It’s a deep desire to understand, and because if you don’t back those building more than just fiat systems on Bitcoin rails, who will?