Replying to Avatar Achilles

GM plebs 🤙🏼☀️

Just sharing a learning.

If you manage a family office… forget nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 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

Ditto, thanks for the affirmation! 1 yr ago i decided against @strike account because i thought it might end in the horror story you described. @strike is not transparent. could not get details re their KYC policy without giving KYC info. No human contact/support, just like faceless fiat institutions.

Check out river.com -a different animal but much more transparent & customer oriented - i have no affiliation or experience with river but their web site has gobs of good info. only other options are cash.app for payments or @sqaure for point of sale (POS) stuff but these are pretty hi fee.

The bitcoin influencers keep up the "we are winning" mantra but i have my doubts. The only people winning are those bending the knee to the KYC tyrants.

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