Open-Source Grants Disrupt Bitcoin Ecosystem, Traders Union Warns

Francis Pouliot, CEO of Traders Union, has expressed concern that open-source grants are leading to a misallocation of capital within the Bitcoin ecosystem.

According to Pouliot, these grants have a disruptive effect on both the jobs market and the landscape for consumer applications connected to Bitcoin.

Pouliot has previously highlighted obstacles facing Bitcoin privacy and self-custody tools, calling for a clear commitment to address these challenges. He also issued an advisory to BULL users after Boltz suspended its services, emphasizing ongoing efforts to resolve the situation.