⚡️Bitcoin Atlantis Update ⚡️

Updates from Lightning⚡️Ventures companies at the conference in Madeira

Author

Tristan Hillerich
March 07, 2024

Hey Bitcoiners, the price action matched the vibes over at Maderia: PUMPED UP!
This is a quick newsletter to recap some key headline events at Bitcoin Atlantis, other portfolio updates, and the ongoing deals we have for you!

PORTFOLIO NEWS
Relive Bitcoin Atlantis With Our Portfolio

Video links are below! Catch up on what you missed.

Strike’s Jack Mallers opens up the conference with a BANG!
Jack Mallers gave a new meaning to time as he talked through the rationale that Bitcoin invented and constructed time within the digital world. Through the Proof of Work mechanism, Bitcoin has provided an unchangeable past and an undetermined future, the two requirements for defining “time.” The innovation of Bitcoin, beyond the inflation hedge scarcity, was the difficulty-adjusted aspect of Proof of Work, ensuring that consensus could be reached with each successive block in a manner that didn’t interrupt the confines of time.

JAN3’s Samson Mow Discusses Nation-State Adoption of Bitcoin:
Samson discussed perspectives and mindsets as they related to bringing adoption at the nation-state level. JAN3 tries to converse with nation-states at a level of “solving problems.” If they know their client has ESG goals, JAN3 will educate them on Bitcoin mining to show the incentive overlap and how it relates to Bitcoin. Samson also discussed the importance of “grassroots” adoption and how, without that buy-in, nation-state adoption will struggle to find a footing.

Relai and Strike Discuss Peer-to-Peer vs Exchanges 
Julian Liniger from Relai and Jack Mallers from Strike helped lead a panel that discussed preferences and ideas surrounding exchanges and peer-to-peer methods of purchasing Bitcoin. The discussion didn’t go very long before it was mentioned that both Relai and Strike experienced 0 downtime while Coinbase struggled to handle the demands of the public markets. Julian emphasized that he felt it was important people had an easy option to onboard onto Bitcoin, and currently, exchanges offer that through their UX, but he hopes that in the future, it will be peer-to-peer networks that become the “instant” solution for people seeking Bitcoin. Jack’s biggest fear is that the governments will take Bitcoin and the ETFs like property. This fear drives his desire to both stay away from ETF products and continue pushing for peer-to-peer adoption.

Geyser Announces HUGE Integration with Flash
In a “Flash” announcement, Pierre Corbin from Flash and Mick Morucci from Geyser took the stage to discuss the new integration between the two companies. Flash is creating a new generation of private and secure Bitcoin payments through the use of Nostr and the Lightning network. Their services make it seamless to pay individually and sign up for subscriptions using Bitcoin as payment. Mick emphasized that the Flash integration was needed to make it easier for payments to occur. Content creators on Geyser needed the ability to receive payments more easily, and it needed to be easier for people to pay content creators. Through the Flash integration, subscriptions and other payments can occur at the click of a button, uplifting the entire creator ecosystem on Geyser.

LV’s Own Mike Jarmuz and Geyser’s Mick Morucci Talk Funding in the BTC World
Funding is a requirement for business, and the free market and the Bitcoin world are no different. Mick made the point that in the early 5–10 years of the Bitcoin industry, money inflow was largely crowdfunded. Now, as the market continues to mature, more institutional levels of funding will seep into the Bitcoin industry. Mike advised that if you don’t have Bitcoin, you should go buy a ton of Bitcoin, then buy some more, take some of that extra Bitcoin, and invest in companies you think will help drive the hyperbitcoinization movement around the world. Funding as a requirement isn’t going away. More funding will be coming into the Bitcoin world as we see more and more adoption.

We Helped Judge Bitcoin Atlantis’ Pitch Day
Our own Mike Jarmuz was one of the judges for the Bitcoin Atlantis Pitch Day. Think of Shark Tank, but in Madeira, and talking specifically with the best and brightest founders in the Bitcoin space! Great pitches occurred and some deals were made. William Casarin from Damus (@damusapp) was crowned the winner of the event and rumors are, we will be having more to share on Damus so stay posted!

Other Portfolio News

Relai Lightning is going on Product Hunt and needs your help in winning product of the year! Watch the video at the Tweet below and follow the steps to cast your vote for them! Relai has also passed over 320K app downloads!

Strike has officially launched its full suite of Bitcoin services in Africa. The countries currently live in are Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia.

Along with this news, Strike also announced an Africa referral program.

CURRENT DEALS
Join the LV Portfolio with Any of the Deals Below!

Amber App

The best and only app for DCA’ing in Australia! Lightning integration is coming soon. Amber is also expanding outside the country. It has many exciting products in the pipeline, like AmberNode, AmberConcierge, AmberVault, and TribeKey. View the deal here.

MetaBit Games

MetaBit believes that the future of casual mobile gaming lies at the intersection of free-to-play and play-and-earn, and they are proving it! Check out the first title, Homegrown, a farming/simulation game with a strong focus on self-expression customization. We are excited to have them join the Lightning Ventures family.
View the deal here.

Bringin

Bringin is a super cool payments app that lets you instantly spend Bitcoin from any Bitcoin wallet, even at places that don't accept BTC. It does this by creating a one-time virtual debit card through Lightning invoice payments, so it's fast and secure. Plus, you can also convert Bitcoin into Euros from your wallet to your bank account and make instant payments.

TUNE IN
Check Out the Latest from Lightning Ventures

Bringin Demo for how to pay your bills with Lightning

Bringin Quick Pitch Video 

GET INVOLVED!
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Yo, my dudes and dudettes! Are you getting these emails and not yet up and running with investing in Bitcoin startups? With Lightning Ventures, you can get rolling on your angel investing journey for as little as $1k per investment. Reply to this email or reach out for custom onboarding. 

Get Started⚡️Investing!

UPCOMING EVENTS
The Biggest Bitcoin Event in the US is coming to Nashville!

Heading to Nashville? Use our link!

Missed Bitcoin Atlantis? Join us at Bitcoin Prague!

Get more information about Bitcoin Prague here