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0 sats \ 1 reply \ @Kontext 2h \ on: I'm Jack Madison, Managing Partner and Co-founder of Ankh & Ohm Capital. AMA! AMA
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What are your priorities in allocating capital in the Bitcoin space, where do you see the best risk/reward ratio?
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What do you think are the best ways to introduce & integrate Bitcoin into local communities aside from the NgU aspect?
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AO prioritizes projects and organizations that focus on rolling out circular economies. We see the most potential in frameworks that integrate bitcoin throughout operations in order to maximize efficiency. We invest in things that make Bitcoin practical, and thus see the highest reward payoff when the most amount of people are positively affected. This means that often we are evaluating "return-on-humanity", instead of "return-on-investment" alone.
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In my experience, the best way to introduce Bitcoin into communities is by "orange-pilling" elders, business owners and well-known/respected community members first. I rarely lean into the NgU aspect, if at all, and focus on how it benefits the community. It aligns incentives so that users prioritize long-term well being over immediate short-term satisfaction, it reduces friction, fees, and censorship, it does not require a centralized ID or government issued passport. What will orange-pill the masses is practicality and repetition. To the latter point, some of the most important things are continuing to show up, engage in good-faith conversation, and host community events.
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