bryan on Nostr: A few thoughts on the run this morning: 1) We don't need blackrock. 2) Allow me to ...

A few thoughts on the run this morning:

1) We don't need blackrock.

2) Allow me to ramble and make no sense for a second:

I don't pretend to understand the "VC" world, but in many cases, if not all, the payout is on the sale of the venture to a bigger entity. Many of the #bitcoin startups are learning on the fly how to monetize a product built on top of FOSS.

This isn't a new problem, of course. Monetization and the need to pay our builders to ensure we recruit the best and brightest minds to the bitcoin ecosystem isn't easy.

Most of the builders are here because they believe in the mission, not a desire to make more fiat. Despite this, we need to continue to recruit the world's best.

Builders should consider, if they plan to sell, to pay out investors...who is the buyer?

For instance, if apple or microsoft wanted to get in the game, they could buy the entire mutiny team and product line, perhaps they could buy coinkite, etc.

I became worried about who the builders will sell to? Is it a team of people who care about the mission of bitcoin?

Its hard to blame people for taking the money when it would secure their family for generations.

***I only single out mutiny and coinkite b/c they are two of the teams/companys I am happy are in the space and building.***

Let us not lose site of the goal: open, permisionless, censorship resistant, decentralized money not issued by the state (or central authority who can debase the currency or use money as a system of control and surveillance).

3) Technologists sometimes view tech as "good" or "bad" based on how many features they can pack into a product. But it is okay for money to be boring. Sometimes, the end product doesn't reflect the mission or goal of the development team.

4) Thanks to all of the people who are building on bitcoin. I am in your debt.