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October 6, 2025 · 1h 22m

"CYPHER TANK" COMPETITION, BITCOIN STARTUPS, M&A, & WHAT HAPPENS NEXT | MIKE JARMUZ (MUZZ)

"These companies that are building around [Bitcoin] are going to do very well. It's going to be similar to the personal computer revolution or the internet revolution."

Cover art for "CYPHER TANK" COMPETITION, BITCOIN STARTUPS, M&A, & WHAT HAPPENS NEXT | MIKE JARMUZ (MUZZ)

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1 So the one thing that we all know is we know that Bitcoin is going to do what we know it's going to do.

2 So these companies that are building around it are going to do very well.

3 It's going to be similar to the personal computer revolution or the Internet revolution that we all lived through.

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So the one thing that we all know is we know that Bitcoin is going to do what we know it's going to do.

So these companies that are building around it are going to do very well.

It's going to be similar to the personal computer revolution or the Internet revolution that we all lived through.

I'm a hair older than you, but not too much.

And, you know, I mean, is Blockstream the Cisco systems of Bitcoin?

You take things like what's going to happen when Bank of America actually adds Bitcoin one day?

What's going to happen? What are they going to do? Are they going to hire three lightning devs and figure it out?

I don't think so. I think they're probably going to make some strategic acquisitions and buy some customers and buy some technology.

Show notes & resources

"These companies that are building around [Bitcoin] are going to do very well. It's going to be similar to the personal computer revolution or the internet revolution."

VC Mike Jarmuz of Lightning Ventures discusses Bitcoin startups, the upcoming Bitcoin startup pitch competition at the Lugano Plan B Forum ( https://planbweek.com/#cypher-tank-semi-final ), Bitcoin Treasury Company and startup M&A, and the evolution of Bitcoin investment strategies.

Key Topics:

Bitcoin startups and investment

Lugano Plan B Forum CypherTank pitch competition

Bitcoin market cycles and adoption

Lightning Network and custodial solutions

Tokenization and blockchain use cases