Ten31 draws inspiration from the great networks that turned empty corridors into economic mainlines: railroads, telegraph wires, payment rails, and the early internet. Each began as a skeletal infrastructure and only became indispensable once the hard work of commercializing the opportunity was completed. Among those early networks, the story of James J. Hill and the Great Northern stands out as a blueprint for today’s bitcoin industrialization.

Hill did not build the most track. He built the most used track. While subsidized lines chased financial engineering in stock schemes, land grants, and leverage that masqueraded as progress, Hill treated his railroad as a commercial organism. To Hill, rails and spikes were not the end state. He viewed empty railcars as the raw capacity that remained a liability until the trains reliably moved grain, timber, cattle, people, and capital. Hill’s low time preference approach to seeding towns, teaching soil science, importing livestock, and manufacturing demand along the route, transformed industrial hardware (rails, engines, and freightcars) into a functioning economic network. That pattern of designing not just the machinery but the usage of the machinery is the lens through which Ten31 understands the challenges and opportunities of commercializing bitcoin today. We, along with our partners, look towards architecting a living organism of prosperity by serving as the commercialization engine rather than merely a passive investor.

• Structure is Important, but Usage Matters More
• Commercialization is a Deliberate Endeavor
• Revitalization of Productive Businesses
• Headwinds for Some, and Tailwinds for First Movers

...read more at ten31timestamp.com