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.
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.
We believe that Bitcoin (BSV) is an incredibly secure network with effective settlement of transactions nearly instant, while exchanges like Binance and Coinbase imply, or explicitly claim, that Bitcoin is so insecure that they required comically long 1008 confirmations to recognize transactions as settled.
Unbounded Capital invests in the Bitcoin (BSV) ecosystem via early stage equity in companies building on top of Bitcoin as well as asset and derivative exposure to Bitcoin itself. We envision businesses leveraging Bitcoin playing a predominant role in shaping how people interact with and use the internet in the coming decades, and are working to help entrepreneurs achieve that vision.
It has been a big week for BTC. PayPal’s announcement that they would support the token instantly expanded the network available to token holders seeking to use their BTC. Likely due in part to the news, the price of BTC has grown significantly and once again surpassed $13,000 USD.
The price required to buy the token is not the only thing on the rise, so too is the price of using it.
