Subnostr

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.

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Discussion

Car 1y ago

The community you choose is the most important part in this equation.

Bitcoin has this big, but also deeply connected community, with long and deep friendships, not first apparent as a new builder in the space, those relationships are at the core of all this.

What's the saying, "The best defense is a healthy community."

Car 1y ago

Keep in mind. Sometimes bad advice is just bad advice. Nothing to take personal. Focus on the time preference variable of the person giving it. That's usually a tell in direction.

Car 1y ago

Why the leaky faucet, ultimately you want to remove as much friction as you can to that Bitcoin spiget. (Miners & Exchanges) think 7 degrees of Kevin Bacon but with your users. Introducing more friction to that spigot decreases satsflow.

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calvadev⚡️ 1y ago

Agreed. Build for or around a community, then compound adoption will follow.

Car 1y ago

100%