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.
Can Law Enforcement Censor Blockchain Networks? Explore how Cryptocurrency/blockchain networks are being used to facilitate billions of dollars of criminal exchange and how, the US Government, have already seized cryptocurrency proceeds of crime and can continue to do so by legally compelling large miners to comply.
The Lightning Network (LN) is a 2nd layer payment protocol for Bitcoin’s perceived scaling problem. In this article we will outline the technical issues with scaling this network, legal reasons why widespread adoption is incredibly unlikely, and how the proposed solutions end up implemented as centralized solutions relying on trusted 3rd parties, the very entity Bitcoin was created with intent to remove from peer-to-peer transactions.
Ethereum’s well-documented problem with its high gas fees is still significant as it costs at minimum upwards of a few dollars to mint a transaction into the ethereum main chain network, with it sometimes costing significantly more when the network is in demand. Even post merge, we agree with the Ethereum Foundation: it will likely that it will remain the least efficient blockchain and way of processing transactions in the world.
News from June this year of El Salvador’s adoption of BTC as legal tender has spread through the crypto space like wildfire. BTC maximalists like Michael Saylor & Max Keiser have championed this development as a massive win, although once you start to look under the hood, it appears El Salvador’s adoption of BTC is far from something cryptocurrency enthusiasts should consider a success.
