Hey castoors, this morning we released our second annual research brief on the Bitcoin startup and VC ecosystem.

TL;DR: Despite 2023 being a massive down year for VC overall, it was a massive growth year for Bitcoin-native! 

Download the research here:

Hey castoors, this morning we released our second annual research brief on the Bitcoin startup and VC ecosystem.

TL;DR: Despite 2023 being a massive down year for VC overall, it was a massive growth year for Bitcoin-native! 

Download the research here: https://tvp.fund/whitepapers/bitcoin-venture-capital-research/

Who do you guys think will be the first stablecoin issuer on the Lightning Network?

👀 👀 
https://x.com/BasedBeffJezos/status/1763875710865989646?s=20
Yes Beff!

The decentralized version is more valuable.

Bitcoin is worth $1T and PayPal is worth $64B.

Ethereum is worth $400B and Stripe is worth $65B.

So, if Farcaster really takes off as a protocol, and it’s getting there, it could be even more valuable than existing social media companies.

Also because the opportunity set for crypto is much bigger than any one company

Stablecoins are already settling over 10x the value that PayPal does!

Remember to tell your e/acc friends that separating money and state is a critical component of accelerating the pace of creative destruction!

Worth a read
https://www.piratewires.com/p/techno-industrialist-manifesto

Loved the energy y'all! Hope to do it again soon

If you are building on Bitcoin, please reach out! Would love to chat

Zach

@zachyoung