Bitcoin-focused VCs like TEN31 , #Hivemind, and #EgoDeathCapital and actually benefit from maintaining #Nostr 's open protocol and interoperability just like the non-profits like OpenSats do. The network effects created through interoperability generate more value than isolated proprietary systems, as demonstrated by successful portfolio companies collaborating across the ecosystem.
Rather than fragmenting into isolated islands, Nostr is more likely to follow Bitcoin's development model where:
- Open protocols create more value through network effects.
- Technical challenges are solved through collaborative innovation.
- Economic incentives align with maintaining interoperability.
- Venture capital benefits from ecosystem growth rather than isolation.
The key is understanding that Bitcoin-focused VCs operate differently from traditional tech VCs, prioritizing open infrastructure development that benefits the entire ecosystem rather than pursuing short-term proprietary advantages.
Thoughts? ODELL Marty Bent Jeff Booth preston Lyn Alden Max Gigi dread
Bitcoin-focused VCs like @TEN31 , #Hivemind,…
·
1 min read
