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521 sats \ 2 replies \ @kepford 7 Mar \ on: I'm Hong, cofounder/CTO of Bitwise. AMA! AMA
Why do you see value in supporting bitcoin projects and developers? In other words what led Bitwise to support OpenSats? Thank you for doing this btw.
while we use the language of "donation" when we support devs i think in reality it's closer to a self-investment into making the asset itself stronger. many ppl think bitcoin just magically gets maintained but that's not true! idk like to me the better question is if you manage a large pool of bitcoin, and you take fees for doing so, then why would you not reinvest some of that into the underlying infrastructure?