Despite The Crypto Dip, Bitcoin Infrastructure Startups Are Ripe For Investment
— Issues pertaining, Likely extend well beyond, Censorship, Crypto – particularly, Commercial viability –, Set, Applications, 90 last november, Imagination, Bitcoin infrastructure — 1 min read
A wave of bitcoin infrastructure startups are building the foundations for an entirely new financial system. Bitcoin investors have been hiding behind the sofa for the first half of 2022, as they’ve seen the cryptocurrency fall 70% since its all-time high of an eye-watering $68,990.90 last November. But, while bitcoin’s potential for fast rewards may temporarily be in question, don’t write off the digital currency just yet. Many of the most exciting bitcoin opportunities are only in their infancy, with an exciting wave of startups coming through, which are leveraging its unique properties for a range of products and services. For VCs and LPs, it is a chance to get in on these innovative businesses while the market is off the boil. Source