The Wolf Of All Streets

$100M Bitcoin Fund Is Hunting 1000x Returns With Just 12 Bets | Nico Lechuga

21 snips
Jul 20, 2025
Nico Lechuga, a founding partner at EgoDeath Capital, shares insights on investing in Bitcoin technology. He discusses the challenges and opportunities in Bitcoin's everyday use, highlighting innovative solutions in regions like Nigeria and Argentina. Nico explains the importance of strong revenue models amid Bitcoin’s price volatility and critiques the risks of Bitcoin treasury strategies. He emphasizes that the next wave of Bitcoin businesses goes beyond mere accumulation, aiming for impactful transactions and sustainable growth.
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INSIGHT

Bitcoin's Programmability Edge

  • Taproot and Segwit upgrades enable programmability on Bitcoin, setting it apart from other chains.
  • This allows building on a secure, decentralized base, contrary to many other blockchains compromised on these aspects.
INSIGHT

Bitcoin Payments Face Barriers

  • Bitcoin payments haven't reached mainstream adoption due to tax and regulatory barriers.
  • Regulatory improvements could enable more friendly environments for Bitcoin payment projects.
INSIGHT

Bitcoin as Foundational Money

  • Bitcoin serves as foundational money in fragmented economies dealing with hyperinflation.
  • Entrepreneurs in such regions understand the value of building businesses that cash flow in Bitcoin.
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