Replying to Avatar Achilles

GM plebs šŸ¤™šŸ¼ā˜€ļø

Just sharing a learning.

If you manage a family office… forget nostr:nprofile1qqsvn0dkjt80raqrxd470c98n7zrdehmcvj6p5hgw3kyku6zyd8z0fqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3qamnwvaz7tmwdaehgu3wwa5kuegufe9k5 or nostr:npub1rucdsw985vra5wgsxxml4h5qjrlhyz8064u858mcgq022c5jtm4q6lwjhl

I went through a hell of KYC.

Six weeks back & forth.

All official docs.

Even bank statements.

Everything.

My family office is officially registered in Germany.

After six weeks - rejected.

Reason? Not allowed to tell me…

But now they hold all my private foundation data.

I talk to big family offices weekly.

90% of their capital is parked in real estate. They will need Bitcoin-backed loans. They just don’t know it yet.

If we want this capital to join the Bitcoin network…

We need to be better than this.

Strike. Firefish.

This was a bad one.

You stole my time.

My energy.

My data.

Be upfront.

Tell family offices & foundations you don’t onboard them.

This only hurts your reputation.

Anyway.

Sun is shining. Life is good.

Touch some grass.

Timestamp of freedom 910,133

GM sir. What did you end up using then?

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PV sir šŸ¤™šŸ¼. I as a private person am registered with both (not using them though).

My family office is a separate, independent legal entity (acting like a holding company). The family office canā€˜t get onboarded and canā€˜t be using such services at this point. I canā€˜t mix private capital and family office capital as those are 2 different legal entities.