The next phase of the journey is to move from speculation to actual use cases - people getting into Bitcoin because they want to use it.
Most people hoard their money - just keep it in the bank. Bitcoin will really take off when people start spending it, creating a velocity of money.
A startup is literally just a series of unfortunate events where you failed, failed, failed, and failed until you succeed.
For Bitcoin, if it becomes a thing, it will become an enormous thing. It will be world-changing. But if it's nothing, it's nothing. There is no in between.
When we announced that we were going to support Bitcoin companies, we became a great lightning rod for activity and fun.
No one has ever raised capital because their pitch deck was pretty. A lot of people have raised capital because they were over-prepared, knew where their business was going, and were able to articulate that through a pitch alongside a pitch deck.
Bitcoin and the block chain enables a whole new way to incentivize and transact, so change the world with this new tool. Create and build! Surprise us with an idea we have never seen before.
I believe that Bitcoin is going to change the way that everything works. I want entrepreneurs to tell me how its going to change. Build the equivalent of an Iron Man suit with Bitcoin.
I find it difficult to turn down an entrepreneur who's both passionate and knowledgeable about their space.