Mission (Why we are doing what we are doing)

• Our mission is to make financial freedom accessible to everyone, so people can focus their time on living meaningful lives, not managing their finances.

Vision (What we are doing)

• Enable people to save in bitcoin and spend in dollars securely and simply.

Problem

• 4 billion people worldwide remain completely unbanked and don’t have access to reliable, secure, and simple financial products.
• Properly storing and protecting wealth is overly complicated, disproportionately advantaging those with greater resources.
• Bitcoin is the world’s best savings asset, and digital dollars are the first globally accessible, instant settlement rail for dollar payments. People want to save in bitcoin and spend in dollars, but they face limited functionality and difficult interfaces when trying to do so.

Solution

• Lava unlocks bitcoin-backed loans, making it easy to securely save in bitcoin and spend in dollars.

Implications

• Lava protects individuals from being burned in financial crises by building a more anti-fragile financial experience.
• Lava holds the fiat system accountable, incentivizing better service by offering individuals an opt-out.
• Lava empowers individuals against authoritarianism. Capital allocation is a tool to organize labor and resources. Authoritarian regimes try to take the power of capital allocation from the people and bring it to the authoritarian. If people have financial freedom, specifically ownership over their own money, they can more easily organize, protest, and leave authoritarian regimes.
• Lava makes finance secure, easier, and global, giving financial access to ~4 billion currently excluded people.
• Lava frees individuals from restrictive financial products.
• Lava saves people time. Easier financial management means less stress about money and more time to enjoy life.
• Lava fosters a savings-driven economy. When people aren’t constantly worried about their savings being devalued, they are more likely to save. This reduces excessive consumerism and encourages greater financial stability.
• Lava unlocks bitcoin’s full potential as the world’s best savings asset by enabling users to borrow simply and securely.

Values