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.
Why do I believe in blockchain? Notice I am not using the words ‘why I think it’s a good investment,’ or ‘why I think it’s going to work out’. On that topic you could find many other pieces that Unbounded Capital has put out, most notably our first book, but also many other articles and essays which you can find here.
As the crypto bubble continues to collapse, investors are naturally wondering where value will come from in the next phase of blockchain. Some will argue that this market collapse is just a bump in the road, and that the same playbook will still work in the long run. Others will say that blockchain has no value at all and that there won’t be another blockchain epoch.
The reasons for SaaS’s dominance are obvious in retrospect. These products are more convenient, being device independent, and free up storage space because they operate in the cloud. SaaS has also solved issues with software piracy. SaaS represents an evolution in architecture without an evolution in payments.
Recently, I got the chance to sit down with Context Capital CEO Eric Noll for a brief 16 minute interview. Eric posed some thoughtful questions, and through our discussion we addressed some principal distinctions in blockchain network philosophy, the same distinctions that give Bitcoin SV entrepreneurs and investors an asymmetric advantage.
