TD₿: Investments in Bitcoin Tech by Preston Pysh with Alyse Killeen
TL;DR All innovation in the broader crypto market today will converge on the most secure and decentralized base layer, Bitcoin.
Hey Bitcoiners,
Lately, I tend to bash the VC space specifically because I personally feel they are being dishonest when it comes to “Web 3” and “DeFi”.
However, this doesn’t mean I don’t think VCs are incredibly important when it comes to supporting entrepreneurs.
One such VC that I have immense respect for is Stillmark’s Alyse Killeen.
Alyse has been working in Bitcoin since 2013 and has focused specifically on supporting Bitcoin companies. She now focuses on investing in innovation being built on top of Bitcoin such as Sphinx and Lightning Labs.
I found this conversation between Alyse Killeen and Preston Pysh around developments in Bitcoin tech to be illuminating (06/23/21).
Bitcoin will scale through layers that offer different trade-offs when it comes to functionality, efficiency, and settlement assurances.
All the innovation we are seeing throughout the broader cryptocurrency market today will eventually converge on the most secure and decentralized base layer, Bitcoin.
Tick tock next block,
Cory Klippsten
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Quote of the Day
“I’m a *sound tech* maximalist.” - Alyse Killeen, Founding General Partner at Stillmark
Meme of the Day
(h/t @nikcantmine)