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PubKey Spaces

Who Will Build the Roads? (w/ 1A1z)

43 min • 1 april 2025

Dan O’Prey and Mas Nakachi join Daniel Modell for a live-streamed chat in the PubKey Parlor, where they discuss ​1A1z's recent reports covering both the organizations that fund Bitcoin core devs and VC firms focused on Bitcoin companies. They dive into:


  • Why are there only 41 people maintaining a trillion-dollar network—and who’s paying them?

  • What happens when the most important software in the world runs on a shoestring budget?

  • The quiet role of Jack Dorsey and a handful of anonymous benefactors... and how normal people can be even more impactful

  • Why Bitcoin’s biggest security risk might be a spreadsheet no one’s looking at

  • The bizarre funding gap between flashy altcoin projects and Bitcoin companies

  • What the VC world still doesn’t get about Bitcoin and everyday users—and how that might be changing


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    Recorded on March 20th, 2025 at PubKey NYC.

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