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.
Blockchain based assets have dismissed cash in favor of modern, account-based systems. This may seem natural, since transitioning the global economy from cash to electronic, account-based systems is a long-standing goal of many governments, banks, travelers, and retailers. Unfortunately for these blockchains and the traditional financial system they seek to replace, only cash scales.
For BSV entrepreneurs who anticipate a massive influx of funding and users in the near future, going as fast as possible is disincentivized and releasing products which reveal a previously unknown competitive advantage is also disincentivized. However, this is also the time where those who saw the potential early can gain their largest lead on future well-funded competitors.
Unbounded Capital would not be where it is today without Roger Ver. However, since the BCH/BSV fork transpired we have found ourselves primarily focused on separate versions of Bitcoin. This open letter from Jack Laskey seeks to bridge that divide and explain to Roger why BSV is more likely to promote the vision of the future that Roger seeks: the proliferation of liberty worldwide.
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?
