665 sats \ 1 reply \ @maverick 14 Sep 2022 \ on: I'm Steve Lee, lead of Spiral. AMA. bitcoin
As an angel investor and also as someone who is part of a bitcoin-forward organization in Block, what business models do you envision and are most excited about on a bitcoin standard, considering that all software, products and services are largely preferred to be
- open-source
- built on open-protocols
- have no vendor lock-in
- have no centralized points of control and ownership / trust-minimized
- abide by self-sovereign ethos of bitcoin etc
All of the above seem antithetical to the business models of web2 technology companies. Curious how you see the future of entrepreneurship and business unfolding on bitcoin?
I think bitcoin infrastructure and tools need to be free open-source as that is a prerequisite to a fair, neutral global money. However, I don't see why businesses and services that adopt bitcoin as the medium of exchange need to avoid charging money or trying to create vendor lock in. IMO it will be business as usual competing in the market place by offering the best product to the right set of customers. Bitcoin factors into this by simply offering a unique new form of money that likely unlocks to customer bases and new types of services.
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