Crypto Report: Bitcoin VC Outlook

The video discusses strategies for Bitcoin founders during bear markets, emphasizing the importance of building and understanding user engagement. It highlights the need for transparency and accountability in the crypto space, particularly through proof of reserves. The concept of self-custody and being one's own bank is explored, along with the challenges and opportunities it presents. The video critiques yield farming practices that lack economic backing and suggests more sustainable models. Finally, it identifies entrepreneurial opportunities in the Bitcoin space, driven by innovations like the Lightning Network.

What is one of the key strategies Bitcoin founders use during a bear market?

• Avoid user feedback

• Focus on rapid growth

• Build and follow the established road map

• Invest in high-risk assets

What is a significant demand from customers in the crypto space for accountability?

• Increased transaction fees

• More marketing campaigns

• Proof of reserves

• Higher interest rates

What is one of Bitcoin's core promises that is gaining attention during bear markets?

• Centralized control

• Guaranteed profits

• Being your own bank

• High returns on investment

What was a major issue with yield farming during the last bull market?

• Too many regulations

• No economic activity backing yields

• High transaction fees

• Lack of transparency

What is an example of a product that can offer real yield based on economic activity?

• Yield farming on Ethereum

• Staking on a new blockchain

• Investing in ICOs

• Lending on the Lightning Network

What is driving new entrepreneurial opportunities in the Bitcoin space?

• Decline in Bitcoin prices

• Lack of competition

• Increased government regulations

• Introduction of stablecoins to the Lightning Network

How is the current opportunity in the Bitcoin space compared to past technological advancements?

• Similar to the development of personal computers

• Similar to the dot-com bubble

• Similar to the introduction of cloud and mobile technologies in 2008

• Similar to the rise of social media