#cooperation
A snippet from Marty's Bent (@Marty Bent), October 28, 2025
Bitcoin's Hashrate Growth In Context
Bitcoin Companies Are Choosing Cooperation Over Competition (And Everyone Wins)
Jonathan Kirkwood highlighted a powerful dynamic emerging in the Bitcoin ecosystem that contradicts traditional business wisdom. Strike, a Bitcoin payments company, now partners with BitKey (Block's hardware wallet product) allowing users to automatically sweep their Bitcoin purchases to self-custody. Cash App, another Block product, relies on mempool.space for blockchain analytics. These aren't isolated cases of cooperation; they represent a fundamental shift in how Bitcoin companies operate.
"It's like as if everything that I do, you do, Andrew does, invites the fact that we're all going to win because of it." - Jonathan Kirkwood
This "co-opetition" model, as Jonathan described it, creates positive-sum outcomes where the work of one participant strengthens the entire network. When Strike integrates with BitKey or Cash App uses mempool.space infrastructure, both companies benefit from enhanced user experiences and reduced development costs. The collaborative approach signals that Bitcoin ecosystem participants recognize a shared mission: growing the pie rather than fighting over slices. Every integration, every partnership, every shared tool compounds the advantage of the entire Bitcoin economy.
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