3min chapter

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The Last Trade E003: The SEC Crackdown and Why Bitcoin-Only

Onramp Media

CHAPTER

The Reality of Venture Capitalism

There's real world opportunity costs to capital. SoftBank wanted to invest in a firm, they would go and some people would take it and others wouldn't. It was basically existential because if they got that capital, then they were able to grow faster. And so the dollars, at a certain point, will end, the Bitcoin will exist. There'll be real opportunity cost for somebody to give you their Bitcoin to take an equity stake. That world will come sooner than later.

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