We believe technology is progressing in the wrong direction. Rather than offering freedom, technology is used to surveil and control.
It’s time to help usher in a new era of freedom and prosperity with freedom tech.
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There was a time when Apple shipped the schematics alongside the computer, a time when they encouraged us to “think different.”
There was a time when Google lived by the guiding principle of “don’t be evil.”
No longer.
Cryptocurrency companies like Ledger are collecting your data, Google wants to know everything about you, and your TV monitors what you watch and sells it all to the highest bidder.
Even our cars are black boxes that spy on us and give ultimate control to the manufacturer.
Technological progress in the physical world has slowed. An overwhelming majority of hardware and manufacturing innovations are closed source and proprietary.
Open source software propelled us to the Internet, to Bitcoin – but open source hardware is a rarity.
At Foundation we believe that technology can be used as a tool to empower the individual with freedom, with sovereignty, with privacy.
We believe that building superior open source hardware and software is the key to unlocking an era of prosperity and permissionless innovation.
As in Asimov’s Foundation trilogy, we’ve asked ourselves – what can we do to help navigate this period of chaos and usher in a new era of freedom and prosperity?
This brought us to our beginning. To Bitcoin.
It all started with Bitcoin. It is our strong belief that a transition to Bitcoin as the global monetary standard will re-align society and fix our most important problems.
In short, we believe that “Bitcoin fixes this!” So this is where we’ve chosen to begin our journey.
Foundation believes that Bitcoin itself is at a crossroads.
On one side are ETFs, exchanges, custodians, intense and crushing regulations. On the other is custody, decentralization, permissionless innovation, financial privacy, and even an end to central banking as we know it.
This is why our first product was Passport, the best-in-class Bitcoin hardware wallet.
The most fundamental aspect of Bitcoin is to hold your own keys, to control your own money and your own destiny. Passport makes that possible for more people than ever before.
But Bitcoin needs more than “just” approachable self-custody tools, so during the 2024-2028 epoch, Foundation will build a cohesive ecosystem of Bitcoin devices, tied together by our Envoy mobile app.
But we aren’t stopping at Bitcoin.
As the world achieves global Bitcoin adoption during the 2028-2032 epoch, Foundation will broaden our approach and focus on expanding our freedom tech ecosystem to more platforms.
Smartphones and computers running a next-gen, ultra-secure, privacy-preserving operating system.
Self-hosted smart home products with integrated AI.
Maybe even a car 🚗
Our master plan is straight-forward:
1. 2020-2024: Build a hardware wallet and mobile app.
2. 2024-2028: Use that money to build an ecosystem of Bitcoin devices.
3. 2028-2032: Use that money to build a freedom-tech computing ecosystem.
While doing all of the above, release everything as fully open source, vertically integrate manufacturing, and – most importantly – continue to hold true to our principles.
P.S. - Don’t tell anyone.
If you see the need for approachable self-custody and freedom tech, follow us Foundation (npub1s0v…pq6j) for more content like this and to be the first to know as we roll out our next wave of Bitcoin devices 😎