Everyone will save in bitcoin. Yet across Vietnam, Indonesia, the Philippines and beyond, there is no simple and easy way to buy bitcoin every week. Can you get 20,000 users buying $200 a week? That's a $3m revenue business and immediately achievable. We will back the teams that can do it. The winners will form the backbone of the global bitcoin banking system.
Fiat is a leaky ship, whilst Bitcoin is not. There will be ways for bitcoin to drain energy from the old system, and the faster we find them, the better. Strategy and Stretch are early examples of this pattern but what comes next? Can TradFi inheritance wrappers be used to demonetise real estate? Can proof-of-reserves demonetise gold? What other tax structures, regulatory wrappers, or capital pools can bitcoin infiltrate and unwind?
Most of what exists in TradFi has no bitcoin-native equivalent yet, prime brokerage, structured credit, derivatives clearing, treasury and FX management, securitisation. Some of these will be rebuilt natively, some will be patched for bitcoin, some will look nothing like their TradFi counterparts. The same is true for cybersecurity given AI is collapsing the cost of attacking digital systems. Proof-of-work was invented to combat spam. Bitcoin can therefore be used to raise the cost of bad actors to the point where attacks stop being economic. This applies to bot networks, sybil attacks, AI-generated noise and identity fraud. Which are you building?
No consumer, business, or AI agent should have to consciously decide whether to use Lightning, Ark, Spark, or ecash. The opportunity is universal payments, value that moves between any two parties, on any rail, without the user knowing or caring which one they're on. How do you abstract Lightning, Ark, Spark and ecash into one experience? How do you deliver privacy by default, not as an afterthought? How do you bridge into the fiat systems people actually use today like UPI in India, Pix in Brazil, FPS in Hong Kong? And what does AI need that doesn't exist yet; on-chain escrow and programmable settlement perhaps?