I first met Unbounded Capital partners Dave and Zach while we all lived in the Bay area in 2018 while I was running a monthly Bitcoin SV meetup in San Francisco. As someone fully entrenched in Bitcoin technology for almost 3 years now, I constantly evaluate emerging products, services, and businesses I see building on Bitcoin SV.
2021 was an exciting year in the cryptocurrency and blockchain space which brought soaring asset valuations for both publicly traded crypto assets and private equity. Unbounded Capital believes the strong foundations laid in Bitcoin SV in 2021 will support enormous value creation in 2022 and beyond.
At Unbounded Capital we are confident that the potential of Bitcoin will incentivize the Haste’s of today to be the Flappy Bird’s of tomorrow but with much more upside potential than was possible prior to Bitcoin’s proliferation as BSV. We anticipate entirely new markets being unlocked by Bitcoin’s micropayments and data ownership functionality and expect businesses like HandCash and Haste to play a significant role in defining the business landscape of the next several years to come.
The release of PowPing this past Monday was probably the most fun release of a Bitcoin oriented product to date. This new social media platform resembles Twitter and Reddit but replaces likes, retweets, and upvotes with tips. I used PowPing to offer $50 in tips in exchange for answers to an important question: Which BSV use case will be generating the most annual revenue in 5 years and why?
At Unbounded Capital, we value bitcoin (BSV) as a technology that will radically improve the lives of billions of daily users. In order for bitcoin to realize this vision, we believe its progression needs to mirror aspects of the development of the internet. Like the protocols that comprise the internet, the bitcoin protocol’s underlying complexity must be abstracted away to make it useful for non technical end users through a variety of user friendly applications. HandCash, a leading bitcoin mobile wallet, shares this vision and summarizes it with their slogan “Bitcoin for the rest of us”.
