Bitcoin as a Start-up
Scarce, Divisible, Transferable, Verifiable, Tamper-proof. Bitcoin is better at being gold than gold
Bitcoin is largely an ideological stand against the fiat system and is probably the only real money we’ve had in over last 100 years
Founder: Satoshi Nakomoto
Pitch Deck: Bitcoin Whitepaper
Product: Parallel Monetary System
Vision: “To allow online payments to be sent directly from one party to another without going through a financial institution” (plugged directly from the whitepaper). I personally see it as a superior store of value
Mission: “We propose a solution to the double-spending problem using a peer-to-peer network” ((plugged directly from the whitepaper)
Many volunteers but no employees
Product Offering: Buying & Selling, Sending & Receiving, Store of Value, Privacy, Programmability
Risks: Government Ban. Hacking, Volatility
Investment Rounds: Pre-Seed, Seed, Series A, we are at Series B (The fourth halving event) …..For it to become IPO ready/investment grade it still has a long way to go
Network effects will soon start to kick in as many investors are piling up on Bitcoin, recent one being Michael Saylor
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