Bitcoin Venture Era

The Bitcoin ecosystem will develop its venture capital. And it will be as activist for libertarian causes as Silicon Valley’s capital is for progressive ones.

Today there are few venture bets being made by Bitcoiners despite the large amounts of capital they control. Most believe that successful investments would still underperform BTC; HODLing has a better ROI. This is bound to change as the market cap keeps growing.

Past the inflection point HODLing is no longer the best way to accumulate BTC.
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HODL Meme

This post originally appeared on Medium

Explanation of the HODL meme phenomenon may lie in the military history.

Recently Brian Fabian Crane’s tweet caught my attention. He tweeted a screenshot of a Reddit comment by a user named Gnudarve.

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