Capital is the root of all good. h/t: @M A D E X #Angor #Bitcoin #Nostr

How Angor envisions businesses to operate/seek funding on a Bitcoin standard: 1. Stronger, more disciplined founders with more focus on bootstrapping and building sustainable businesses. 2. Cheap capital will shrink, only strong & viable business models with real value creation will survive. 3. Capital becomes more selective and expertise-based. 4. Creators only seek funding from funders who add strategic value to their vision - reducing misaligned incentives. 5. Discourages reckless spending by creators & forces businesses to be profitable early on rather than fuelling growth-at-any-cost failures.

Remember, Remember, the 5th of November... Credits: Bartosz Lewicki, @The Great Print

CONGRATULATIONS to the Angor Pitch contest winners at @Bitplebs Summit Goa, India 🎉 Massive shout-out to the judges for the tremendous effort in evaluating all the participating projects and making the incredibly tough decisions to select the winners of this pitch contest. Thank you @Bitplebs Summit @bitshala @plebstogetherstrong & @npub1l65a...sfth for bringing together India’s sovereign builders for an incredible summit! 🥇WINNER - @Bitasha - From Jugaad to Hashpower! Building open-source Bitcoin miners in India. (npub1v67clmf4jrezn8hsz28434nc0y5fu65e5esws04djnl2kasxl5tskjmjjk) 🥈 RUNNER-UP - Feature Phone Bitcoin Wallet - A self-custodial Bitcoin wallet that runs on feature phones, allowing users to manage their bitcoins offline while looking like a regular phone. (npub1clqc0wnk2vk42u35jzhc3emd64c0u4g6y3su4x44g26s8waj2pzskyrp9x) Their projects will soon be listed on https://hub.angor.io/explore 🔜 Exciting to see the open-source community thrive in India and building some really cool tools and projects on Bitcoin!