Bitcoin Studios

Running bitcoin

Actively recruiting a CEO: soundproperty.xyz

@a16z Yes, and...

Ben Horowitz explains why AI killed the 'Mythical Man Month': "For my whole life in technology, there was this thing called the Mythical Man Month: nine women cannot have a baby in a month." "If you're Google, you can't just put a thousand software engineers on a product and wipe out a startup because you can only... build that product with seven or eight people. Once they've figured it out, they've got that lead." "That's not true with AI. If you have data and you have enough GPUs, you can solve almost any problem. It is magic." "You can throw money at the problem. We've never had that in tech." @bhorowitz with @DavidSolomon and @dhaber

oh no bitcoin is dead. this must be the first time bitcoin has died.

@davidmarcus Are we getting this right, @spark?

Can’t wait to learn what led to this Bitcoin / crypto cycle and who’s truly responsible. But in the grand scheme of things, it soon won’t matter. Bitcoin ultimately rewards long term thinkers and holders. It’s not meant for over-leveraged traders or people who want a quick win.

We wrote up the full breakdown on why this matters for builders, for lenders, and for anyone holding long-term: bitcoinstudios.substack.com/p/what-makes-b…

Central banker says he trusts institutions over "private issuers" of Bitcoin. Bitcoin doesn't have an issuer. That's the whole point. (Every other crypto does.)

@TrendingBitcoin They're not fighting Bitcoin. They're fighting for relevance.

Jack Mallers: “I can confirm Ripple is spending millions of dollars to undermine a Strategic Bitcoin Reserve in America.”

📌 open.substack.com/pub/bitcoinstu…

We tried to answer a question we get a lot: why build on Bitcoin instead of other crypto assets? The short answer is trust assumptions. The long answer is 8,000 words.

@davidmarcus Yeah. AI’s going to destroy margins. Awesome for users, but absolutely brutal for builders. So to anyone with agency: pick use cases with moats! We may have a few if you’re out of ideas 🟠

AI is a superpower for people with agency, and a deadly poison for those without.

@a16z We’ve got a few things cooking at Bitcoin Studios. Might be your kind of dynamism 🧱

Add regulatory cover to the hardest asset in existence and you got your moat.

@naval Yep, regulations are the new moat. Top two for startups are health and finance. Pick one, drill down. Apply now 👋

In the limit, the only jobs are creator or regulator.

@halfin Running Bitcoin

@Rajatsoni Agree rates will get there. Lenders are still charging volatility premiums because they don't have the frameworks yet. Working on this now. Wrote up the structural case here: bitcoinstudios.substack.com/p/the-best-col… Could be worth connecting?

Every bank in the world will offer back loans or fail Bitcoin is the best collateral in the world It's much easier to maintain and process Bitcoin-backed loans than real estate-backed mortgages Loans can be funded within hours, so it's a win-win for the consumer AND the bank Lenders can liquidate Bitcoin much more quickly than real estate Bitcoin-backed loans will be at much lower rates than mortgages for all these reasons, and as a result, Bitcoin will replace real estate as the foundation of the global financial system

@SimplyBitcoin Then: Bitcoin is a pet rock. Now: Please use it as collateral. But still ahead of the game: bitcoinstudios.substack.com/p/the-best-col…

JUST IN: Morgan Stanley becomes the first major U.S. bank to file for a Bitcoin ETF, per CNBC. They warned clients about Bitcoin. Now they want to sell it to them.

If its not clear, I'll make it really clear. Rumble Wallet will compete directly against Coinbase and Venmo -- but we're NOT custodial and we CANNOT shutdown your account. Its true financial freedom to buy, hold and tip crypto. Built and backed by Tether & Rumble!

@Vivek4real_ We said most! 😜 bitcoinstudios.substack.com/p/the-best-col…

🇺🇸 CNBC ANNOUNCED LIVE ON TV THAT BANKING GIANT JPMORGAN WILL NOW ACCEPT #BITCOIN AS COLLATERAL BITCOIN IS GOING MAINSTREAM 🚀

Banks have spent 500 years perfecting collateral. Then Bitcoin showed up: open.substack.com/pub/bitcoinstu…

@simpleminingio This makes accepting Bitcoin as collateral sound almost boring 😂

Coinbase is now accepting hashrate as collateral. This is a massive signal for the mining industry. They call it "Flexible Collateral Packages." Up to 50% hashrate / 50% Bitcoin If you run a tight ship, your machines are finally being recognized as the financial instruments they are.