TIP_NZ

John Arnold's take on why early-stage investing in Bitcoin differs from fiat venture capital. These points stood out and echo what many Bitcoin-focused angels and funds prioritize:
Bitcoin as Opportunity Cost: Bitcoin-native investors assess every deal against the benchmark of simply holding Bitcoin, setting a high bar for capital deployment.
Profitability & Speed: Preference for startups that can become profitable quickly, stack sats early, and minimize dependence on follow-on funding or dilution.
Aligned Incentives: Founders, teams, and investors often personally hold Bitcoin, creating a shared equity mindset across the ecosystem.
Open Source as Force Multiplier: Most Bitcoin startups build on shared open-source infrastructure (e.g. BDK), enabling lean teams to ship faster and collaborate with less friction.
Network Effects Across Portfolio: Unlike traditional VC portfolios with disconnected sectors, Bitcoin companies often benefit from each other’s progress through shared standards and interoperability.
Post-Easy Money Mindset: Generalist VCs still follow a playbook shaped by years of artificially cheap capital—burn cash for growth, chase markups, and rely on future rounds. Bitcoin VCs see that era ending, and instead emphasize capital efficiency and durable returns.
Ecosystem as Shared Project: Every company contributes to and benefits from the broader Bitcoin network, making the entire portfolio stronger as the ecosystem matures.
https://fountain.fm/clip/Hff10TRb1kzQRNo8AJCC
https://fountain.fm/episode/Q89gPQcVfAtQkaRBZRs0
#nevent1q…8p38

2025-05-21 04:55:22 UTC

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Clip of the above points:
https://fountain.fm/clip/Hff10TRb1kzQRNo8AJCC

2025-05-17 01:23:05 UTC

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Patongkoooo 🤤

2025-05-17 00:00:13 UTC

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Is this yay or gay

2025-05-16 23:59:44 UTC

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Fear & violence is the way of the nostriches

2025-05-16 23:58:15 UTC

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Large pepperoni stuffed crust or something maybe

2025-05-16 23:57:02 UTC

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Jokes and other stuff transmitted on relays

2025-05-16 23:38:52 UTC

https://image.nostr.build/d3acfb372878021cc9addab99c8dd24836abe9760508d7e3a35769de7d65489d.gif

2025-05-15 21:44:42 UTC

A spicy piece of artistry I want to share:
https://image.nostr.build/302618152ad91f781ffbfa6e4a20e722f886259903a504ad89d0ee81485d8fb8.jpg
This is a photo of a Mongrel Mob member wearing a jacket full of gang patches. The Mongrel Mob is one of New Zealand’s most prominent gangs, known for its bulldog patch. Last year, the Gangs Act 2024 banned the public display of gang patches. While these symbols are linked to violence and intimidation, they also represent cultural identity and resistance for some.

2025-05-14 02:15:49 UTC

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Just in time for pizza day 🍕

2025-05-13 19:09:32 UTC

Real luxuries are:
1. Slow mornings
2. Great companion
3. UnKYC'd UTXOs

2025-05-13 02:07:11 UTC

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Sell products not equity
Build for users not investors

2025-05-12 20:36:59 UTC

We underestimate the free market's ability to sort things out through pricing. Eventually the important and urgent stuff prices out the noise (on-chain and everywhere else).

2025-05-10 22:15:57 UTC

A straw man is when you distort someone’s argument by making it overly simplistic or extreme so it’s easier to attack. For example, saying “Christianity is just worshipping a bearded man in the sky” is a straw man. Hardly any Christian would agree with that depiction.
The opposite is a steel man where you represent your opponent’s argument as strongly and fairly as possible.
Daniel Dennett believed steelmanning was essential to good philosophical debate. In 2013, he laid out four key rules:
1. Restate your opponent’s view so clearly and fairly that they say, “I wish I’d put it that way.”
2. List where you agree.
3. Acknowledge what you’ve learned from them.
4. Only then should you critique their position.
Respect is foundational. Socrates, in Plato’s dialogues, often begins by clarifying and strengthening his opponent’s argument. Because real debate isn’t about winning—it’s about understanding, refining ideas, and growing together.
Let’s debate to build, not to destroy.
(H/T Jonny Thomson via TikTok)

2025-05-09 21:03:07 UTC

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As NGU, let’s spend sats on what we love to shape the world we want.
#nevent1q…caah

2025-05-08 21:48:40 UTC

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Blinq just raised US$25M a few days ago. Literally just a digital business card platform with NFC. Backed by VCs that take their money from pension funds.

2025-05-07 22:38:20 UTC

It's 2025 and billion dollar funds are still pouring pension money into proprietary fintechs built on legacy fiat rails and new closed social platforms that replicate the same walled garden models of the past.
Allocating other people's capital without understanding the tectonic shift in technology isn't just negligent, it's an absolute fucking betrayal of society's future.

2025-04-18 21:44:12 UTC

Drove through Altadena and saw the aftermath of the LA fires
https://image.nostr.build/7eb5c3cca1f78f5f71352dd51aa28802e69724474097fbae92ca0221a8f43473.jpg
https://image.nostr.build/7027b3e50f58b5de90e5f4a3fa0ed0a5e6ff203efb24b0b60ad869b565a8eac9.jpg
https://image.nostr.build/f2759b5f08c6e38ad8b9f301b0a8d4ad9a021ffd822d03ce477f431682d8cb6a.jpg
https://image.nostr.build/9623ceb4006f40fd962a651670cec572fd602f8a69f775add0b5982c83ab9f1e.jpg

2025-04-13 04:19:36 UTC

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https://image.nostr.build/38afbe6f477f15b9e2b3cc91b76d99ae3ca1246b2f15487051d77d2436cf9571.gif

2025-04-13 04:14:56 UTC

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Yes. I love the 2 detectives and their little dances. So much happens in each episode it's epic.

2025-04-13 04:01:56 UTC

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2025-04-13 04:01:37 UTC

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Can we just interface with the world's data in our own special way?

2025-04-13 03:50:13 UTC

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https://image.nostr.build/101b3a7beb1596a7b08592618e624ef145be1fe214d00ec67b78d500681c981a.jpg

2025-04-13 00:29:03 UTC

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Agree with your last point. It’s the money, not China. The race to the bottom was funded by cheap credit and consumer habits trained to chase low prices. China builds to spec. You can get shit or excellence. It’s the consumer that drives what gets made.
It’s not “made in china” that’s shit, it’s the high time preference culture behind what we choose to buy that is shit.

2025-04-12 22:43:20 UTC

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The phone they're dissing Chinese made products from is made in China 😂

2025-04-12 22:41:46 UTC

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Yeah lol. You can definitely tell the difference between people who speak from first hand vs second hand experience.

2025-04-12 22:40:12 UTC

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That's true. But also a lot of high quality and highly technical stuff is made there.

2025-04-12 02:49:14 UTC

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WoS (Wallet of Satoshi)

2025-04-12 02:48:52 UTC

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Thanks Brisket, coinos is a good one

2025-04-11 21:18:19 UTC

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Thank you! Received zap notifications and the zap stat shows on note now.

2025-04-11 21:17:32 UTC

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Thailand!

2025-04-11 21:02:09 UTC

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Was having issues seeing zap stats on my notes and getting zap notifications across all clients.
Changed my Lightning address from Blink to WOs, and it fixed the issue.
Not sure why. Sats were arriving, but zap events weren't showing. Just a heads up @nprofile…vmn0
#nevent1q…9qc9

2025-04-11 20:39:27 UTC

Test

2025-04-11 20:14:08 UTC

The new scarcity is taste.
Now that anyone can make anything, only the intentional will truly stand out - those who create with care, not just speed.
We’ve gone from a world of restricted access (tools, capital, gatekeepers) to one where anyone can create with ease. The barrier is no longer execution, but discernment. The true differentiator isn’t how much you make, but how well you filter, frame, and refine.
Tools are everywhere, but good taste remains rare. Taste, rooted in experience, observation, and intuition, isn’t easily copied or scaled. It’s the ability to strip away the excess, highlight what matters, and shape resonance behind every great work.
Intentionality, taking time to care about context, composition, and consequence, is the new craftsmanship. Those who lead with taste rise above the noise, because they don’t just add... They elevate.

2025-04-09 17:33:11 UTC

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https://bullishspace.pages.dev/product/open-source-everything-hat

2025-04-09 16:44:47 UTC

Finally got my @nprofile…qss4 x @nprofile…r825 OPEN SOURCE EVERYTHING hat!
https://image.nostr.build/031073c23537a5d716c4630426f0cd0c5ef7aa6c07d0756ada942e4fc0b1a44b.jpg
https://image.nostr.build/d525cb7928b89cdbdd310f5dde1a4938be28067dfb79f1942ec886e9af6347ea.jpg

2025-04-09 05:29:25 UTC

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Travelling to meet Bitcoiners around the world, attending local meetups and spending sats at local places on btcmaps would be awesome! Might be better as a video diary or livestreaming on zap.stream

2025-04-07 00:59:15 UTC

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In it for the blockCHAINz

2025-04-06 22:18:56 UTC

She's a nostrich but doesn't know it yet
https://image.nostr.build/3b2c9162d44b1767790851508122e8f0943892d459879e88944c0ba43ead859a.jpg

2025-04-06 20:58:55 UTC

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Omg! So cool!!

2025-04-05 21:22:38 UTC

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What if I told you... You can create for the sake of creation.
https://image.nostr.build/567201dbaf765d12dbdba1d5e5538e7f8e6aa597fd90272e53d4b5cd201167a5.gif

2025-04-05 20:38:21 UTC

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Matrix Nostr client!
https://image.nostr.build/160ba8014efd5ce94d7b6c3d8529f2aee87d646144884fc0e15e214177c0c91b.jpg https://image.nostr.build/6037bdafa71876c2d2ed595e0c171fccebecc9e54071efe0bb0f14334b2f3dbe.jpg
#nevent1q…22g2

2025-04-05 20:35:01 UTC

Transmitting signal from enterthenostr.com

2025-04-04 21:15:01 UTC

GM everybody!!! 🥰
https://image.nostr.build/e9239591ed5ade77d8c149903bd567ccf2e7013007efce4cafe2d4e374227612.jpg

2025-04-02 04:28:41 UTC

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Beautiful. Stunning. The texture. The colours. The shape. Brilliant.

2025-04-02 04:26:33 UTC

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Stay cucked, stack bucks

2025-04-02 04:25:36 UTC

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Stay delirium, stack ethereum?

2025-03-29 23:19:38 UTC

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https://image.nostr.build/c0a409ba6d83af7a1a930661a7196ce563e881462b8301bff08c4c323ee1af3e.gif

2025-03-29 22:49:26 UTC

When investors ask, “How do you make money from open source?”
What they mean is, “How do you extract rent without locking users in?”

2025-03-28 07:16:08 UTC

Via Thai Enquirer: A building under construction in the Chatuchak area collapsed following the tremors in Bangkok, triggered by a 7.7 magnitude earthquake in Myanmar.
https://video.nostr.build/4466d005d3cf98473cb1afd0663d6ac1dc49958e0d0e04f0a371f394d7cfdc9d.mp4

2025-03-28 07:11:10 UTC

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From my parents: "From the news in Thailand. The quake is centred in Myanmar 10 km. deep. The shake is 7.7."

2025-03-28 06:52:12 UTC

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Be careful of aftershocks na, we had pretty severe earthquakes in Christchurch in 2011 and the aftershocks were pretty bad.

2025-03-28 06:43:03 UTC

Sudden earthquake in Bangkok just now. My parents are pretty shaken up. Hope #siamstr nostriches are doing ok na krub! 🙏

2025-03-27 21:35:41 UTC

Happy and successful people celebrate when other people are happy and successful.
Unhappy and unsuccessful people celebrate when other people are unhappy and unsuccessful.
Choose your friends accordingly 💜

2025-03-25 05:22:03 UTC

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Just DM'd 😊

2025-03-24 21:32:17 UTC

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Just ordered this beauty 🧡 https://image.nostr.build/9493b9637fb04ab2728ff6bd4493c7dfa3993f64e09c3012e2c58340ee9b6d4d.jpg

2025-03-24 20:00:54 UTC

GM 🧡 from the 21st floor rooftop!
https://image.nostr.build/e6a94b1debce9fd17e63936422af1378be10a3dd1542edeb35d2ccec46093d43.jpg

2025-03-23 06:00:07 UTC

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Would be cool if it was livestreamed on nostr! Zap zap⚡

2025-03-23 05:30:58 UTC

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'84
https://image.nostr.build/ef55a2d516de94b06a8cdbdb834500137210381720360fda684173a20b6f576d.jpg

2025-03-23 01:25:07 UTC

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NZ$12M so roughly US$7M

2025-03-22 21:59:15 UTC

Bitcoin activity is booming in New Zealand.
Since Lightning Pay NZ launched last year, plebs have been onboarding local businesses to accept Bitcoin. They've processed over $12M in transactions so far.
The Bitcoin Basin launched in Queenstown with its own PlebLab.
There are monthly meetups run by local groups and quarterly nationwide events by Bitkiwi.
All Bitcoin only.
https://image.nostr.build/8c7fcaeb113b875a58a36a3a484d03aef33f995ef58aa211b611642ebe7d9fbd.jpg
https://lightningpay.nz/
https://bitcoinbasin.nz/
https://kiwibitcoinguide.org/

2025-03-22 05:31:17 UTC

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888888 soon™
#nevent1q…n6zq

2025-03-21 04:32:16 UTC

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Boost a @nprofile…6av2 post today!
#nevent1q…0lhh

2025-03-21 04:29:41 UTC

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@nprofile…6av2 appreciation week

2025-03-20 21:16:57 UTC

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Unsuitable attire for middle of winter ❄️

2025-03-20 21:15:23 UTC

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Yay! See you there!

2025-03-20 20:19:01 UTC

Bitkiwi Bitcoin meet up in Auckland
26 July, 1PM
The Birdcage, Franklin Road
Speakers TBD
https://image.nostr.build/0901fa8ab2bd77cea193d558516f452b7c973a7665361cb75f13dfacbb823695.jpg https://image.nostr.build/1537bfd41d54345886c97b1178577aeea34cb46d1c9ed39ab310978b5d0bf2b7.jpg

2025-03-19 20:47:20 UTC

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This global interactive map offers a fun way to explore and track predictions. Once it becomes nostr-based with zap voting it will be truly majestic 🤗
#nevent1q…q25f

2025-03-19 18:23:58 UTC

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It's his laser eye protector
https://image.nostr.build/13901e6095310812e5508f23fbc7353bdb9d1e7e2d6fc7c8f3fca490f7d0ef39.jpg

2025-03-18 04:48:51 UTC

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And soon, charming white picket fences will give way to cold concrete cinder blocks, their tops lined with jagged glass shards and tangled coils of barbed wire 😔

2025-03-15 22:58:55 UTC

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HornHub Premium
#nevent1q…dpg7

2025-03-14 22:23:44 UTC

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"Magpies were introduced to New Zealand in the 1860s–1870s by European settlers and Acclimatisation Societies to control insect pests on farms. Brought from Australia, they later became widespread and are now considered pests themselves." 😱

2025-03-14 21:13:57 UTC

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That's South Island 😄

2025-03-14 20:20:40 UTC

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Obvs not 😅

2025-03-14 19:59:44 UTC

The most dangerous thing in my neighborhood https://image.nostr.build/3b584edd193f067fac17a7561668b96155a255c224e30e43814fb3bf4ec2b7ba.jpg

2025-03-13 22:52:38 UTC

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In VC, success is measured by valuation, often driven more by narrative than numbers. They can add value via connections, but generalists end up spray-and-pray, hoping for unicorns. Past wins can blind them to shifts and inflate egos under the guise of 'pattern recognition.'

2025-03-13 19:06:59 UTC

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Australian

2025-03-13 19:05:10 UTC

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I save notes locally and back them up externally. The app uses timestamps to generate reminders, no cloud needed (though optional).

2025-03-13 07:15:05 UTC

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No regrets. Staying would’ve kept me from the experiences and people that aligned with who I am.

2025-03-13 03:04:52 UTC

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That came afterwards haha

2025-03-12 21:17:27 UTC

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Sats, zaps and GMs

2025-03-12 20:59:48 UTC

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100%! Sat-zapping, GM lovin' nostr plebs are the best people.

2025-03-12 20:22:43 UTC

Exactly 4 years ago today, I sat in a company-wide meeting with a "crypto expert."
He said Bitcoin was useless beyond being digital gold — and some random altcoin called Polkadot was the future. Everyone thanked him for his wisdom. We were supposed to learn from "industry experts" to keep up with trends as early-stage venture investors.
I started digging deeper into Bitcoin and calling out altcoins as scams.
A senior partner pulled me aside and tore me down:
"Are we done here?"
"You have no track record."
"Your conviction is like a religious belief."
"You're being irrational and ideological."
He laughed when I said maybe the financial system is broken. From his perspective, he couldn’t see it — because he was making a fortune pumping startups that barely existed. The irony was lost on him: the very fact that so much money was being thrown at vaporware proved just how broken the system was.
Another partner called me a spruiker — said I was trying to pump my own Bitcoin bag to get rich and dump it on others.
It was hard to hold steady when surrounded by people who benefit from the status quo.
That day, I wrote in my journal: "As of today, I've decided to leave [this company]."
Four years later, Polkadot is down 90% against Bitcoin. And it’s been the best four years of my life.
(Btw, I use a journalling app called Journey that reminds me of what I wrote x years ago today, it's useful for reflecting)

2025-03-11 21:21:26 UTC

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Rough cut right

2025-03-11 19:08:39 UTC

GM herro 👋
https://image.nostr.build/4dd6bf2db887673727eaabfea811b7b46aa4e0edc340bd212de1372777af865b.jpg

2025-03-03 20:23:28 UTC

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#siamstr
#nevent1q…kljn

2025-03-01 00:15:36 UTC

Bitkiwi Queenstown Livestream happening now! @nprofile…ypav
https://data.zap.stream/stream/51e5dd5a-87d8-491b-945d-1fd4dce66361.m3u8

2025-02-23 19:22:27 UTC

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I second Bitkiwi in Queenstown, high quality Bitcoiners at that event! See you guys there!

2025-02-21 22:00:52 UTC

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Should've left your laptop in nz 😄

2025-02-02 22:22:21 UTC

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🤫

2025-01-31 03:27:41 UTC

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The world population ticking up every 0.5 second freaks me out

2025-01-29 00:18:38 UTC

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https://image.nostr.build/6fef8800ddcb0ab21f906e9fd49c52cec70e5143edb5c1b24d56ad69b26dd52f.gif

2025-01-28 23:59:53 UTC

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I like how you're peeking out from the rabbit hole 🕳️

2025-01-27 03:26:24 UTC

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Not sure, but the game is Rust.
https://www.orangem.art/

2025-01-27 02:31:45 UTC

Virtual Nostr talks embody Nostr's ethos—global, accessible, and connected.
https://image.nostr.build/4b7b2a6a1b183b1ae239869434fe79e0a37a2d216ba6c1a4774f96fc717c2bd1.jpg
https://zap.stream/naddr1qqjxydnzxccrqer995crqdn9956ryde395uxzvtr94jxyvfhxenrjvfsxu6rxqghwaehxw309aex2mrp0yhxummnw3ezucnpdejz7qgewaehxw309aex2mrp0yh8xmn0wf6zuum0vd5kzmp0qy88wumn8ghj7mn0wvhxcmmv9uq32amnwvaz7tmjv4kxz7fwv3sk6atn9e5k7tcpz9mhxue69uhkummnw3ezumrpdejz7qg7waehxw309ahx7um5wgkhqatz9emk2mrvdaexgetj9ehx2ap0qyghwumn8ghj7mn0wd68ytnhd9hx2tcpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhsz9thwden5te0dehhxarj9ehhsarj9ejx2a30qgsv73dxhgfk8tt76gf6q788zrfyz9dwwgwfk3aar6l5gk82a76v9fgrqsqqqan80atsrr