In this episode, the hosts reflect on the first five episodes of the Build With Bitcoin podcast and highlight the key points and synergies between the conversations. The content covers wallets and different approaches to adoption, the growth of Bitcoin as a payment rail for businesses, the advantages of Bitcoin's network effects when it comes to venture investing in Bitcoin companies, and how to think long-term when Building With Bitcoin to create a more prosperous future. The hosts explain the importance of tying this all together with a mission-driven thesis.

Build With Bitcoin
/ buildwbitcoin
/ lynnerae
/ isra_munoz
https://www.buildwithbitcoin.xyz/

Chapters

00:00 Introduction and Overview
03:11 Samson Mow and Jan 3
07:27 Parker Lewis and Zaprite
12:11 Grant Gilliam and 1031
18:54 Bob Burnett and Barefoot Mining
23:24 Summary and Conclusion

Please remember to follow, like, or share!

Bob Burnett, CEO and founder of Barefoot Mining, shares his journey from the personal computer industry to the Bitcoin space. He emphasizes the importance of forward thinking and the simplicity in Bitcoin's design, contrasting it with the complexities of Ethereum. Bob discusses the unique approach of Barefoot Mining, focusing on small, decentralized mining sites that offer diversity and flexibility. He believes in protecting the Bitcoin base layer and allowing innovation to happen at higher layers.
Bob encourages individuals to get involved in the Bitcoin community and make a lasting impact on the future of finance. Bob discusses his experience working in a public Fortune 200 company and the negative impact that going public had on the company's culture and objectives. Bob also shares his involvement with Ocean, a mining pool that aims to provide transparency and block template creation in the mining industry. He emphasizes the importance of hash rate and the scarcity of block space in the future, especially for financial services companies.

Follow Bob
https://twitter.com/boomer_btc
https://www.youtube.com/channel/UCb8kQc5KDV98ttfD8zuvnWw

Chapters

00:00 Introduction to Bob Burnett and his forward-thinking perspective
10:54 Bob's journey from the personal computer industry to Bitcoin
38:20 The unique approach of Barefoot Mining
45:07 Barefoot Mining's energy mix and geographic footprint
46:05 The importance of remaining a private mining company and the structure of Barefoot Mining
46:34 The Impact of Going Public
49:17 Ocean Mining: Transparency and Block Template Creation
53:34 The Scarcity of Block Space and Hash Rate
01:26:07 Taking Risks and Pursuing Ideas

https://www.buildwithbitcoin.xyz/
https://twitter.com/BuildwBitcoin

Grant, co-founder of Ten31, shares the origin story of the investment platform and its focus on supporting Bitcoin companies. The team has a vast background in investing and decided to launch Ten31 to support companies in the Bitcoin ecosystem. Ten31 provides capital and partnership opportunities and focuses on companies that are Bitcoin-first or incorporate Bitcoin into their business models. They invest across various sectors, including financial services, mining, and hardware.

The funds offered by Ten31 cater to different investor classes, with the Low Time Preference Fund targeting institutional investors and the Tactical Fund allowing smaller individual investors. The funds invest in companies at different stages, from pre-seed to series A and beyond. Grant explains how investing in the Bitcoin ecosystem offers unique opportunities for collaboration and network effects. The episode covers how holding Bitcoin on a company's balance sheet can mitigate the need for future fundraising and contribute to equity value growth. The investment process varies for each company, but transparency and alignment with Bitcoin values are key for Ten31. Grant also highlights the importance of supporting open-source development for the growth of the ecosystem.

Follow Grant https://primal.net/grant
https://ten31.vc/home

00:00 The Origin of Ten31 and its Focus on Bitcoin Companies
07:25 Diverse Investment Portfolio: Financial Services, Mining, and Hardware
25:53 Active Funds and their Investor Classes
40:30 The Opportunity Cost of Bitcoin's Price Appreciation
51:54 Back the Best Founders Who Are Masters of Their Craft
58:35 Finding Your Sweet Spot as a Startup
01:02:55 Contributions to Open Source

https://www.buildwithbitcoin.xyz/
https://twitter.com/BuildwBitcoin