Hypothetically: if you thought penny-sat parity was a real possibility in the next two years, what would you do to prepare? What business models would make sense that didn't before? What software would you need that you don't need now?
Discussion
Timelocks and insurance. Multi sovereign collaborative by default. Decentralized key holder market place. Think coordinator not wallet. Think multi sovereign not custody.
How many financial advisors and planners are there in the US?
> According to the Bureau of Labor Statistics (BLS), as of May 2021, there were approximately 330,300 personal financial advisors employed in the United States. However, this number may not reflect the total number of financial advisors and planners in the US, as it only accounts for those who are employed and does not include those who are self-employed or work part-time.
> The Financial Planning Association (FPA) estimates that there are over 300,000 financial planners in the US, while the Certified Financial Planner (CFP) Board reports that there are over 93,000 CFP professionals in the US, as of 2022.
> The Securities and Exchange Commission (SEC) also reports that, as of 2022, there were over 13,900 registered investment advisers (RIAs) in the US, employing over 835,000 people, including financial advisors and planners.
> It's worth noting that the exact number of financial advisors and planners in the US is difficult to determine, as there is no centralized registry and many professionals may hold multiple certifications or designations.
As much as we may find them moot, odds are > 99% will need to upskill on Bitcoin to serve their clients. Opportunity.
I realized this AM my answer to this is "stand up a multisig signer that doesn't require KYC" - so since I've already done that I'll plug it here, check out https://sigbash.com
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