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.
A Florida civil suit over the $70+ billion Satoshi fortune starting November 1st could lead to broad market awareness that Dr. Craig Wright is Satoshi Nakamoto. This could have significant short term price impacts on Bitcoin Satoshi Vision (BSV), a version of Bitcoin which Craig Wright is heavily associated with and endorses as “the real Bitcoin”.
The degree to which accusations of fraud are flung around the Bitcoin world is disappointing. The price of this confusion will be felt acutely by few, but will impact far more through its delay of a transformative technology’s progress. Unfortunate as it may be, there is no doubt that fraud exists. Of course, scams of various sorts have been a constant feature of the early Bitcoin/blockchain industry, an industry that is very attractive to the “fast money” crowd. But, none of these are the fraud of the century.
