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WyattBFin
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Observe. Question. Hypothesize. Experiment. Analyze. Conclude. Repeat.

It is worth reading Brandon Quittem's "Bitcoin is a Pioneer Species" and John Arnold's "Bitcoin Is Eating The World" in succession. I suspect both will be considered quite prophetic one day.

“After planting roots in a virgin ecosystem, the pioneer species slowly transforms their surroundings, making conditions suitable for more complex organisms to join the party. Before long, this once barren wasteland becomes an oasis of life.”

”…providing instant settlement of borderless bearer value is a unique and unprecedented phenomenon with derivative implications for every industry, and it will inexorably pull businesses that currently have nothing to do with bitcoin into bitcoin’s orbit.”

https://medium.com/the-bitcoin-times/bitcoin-is-a-pioneer-species-38f42ecdbb88

https://tftc.io/bitcoin-is-eating-the-world/

nostr:npub1jdwujjpaxmeyg44fz5xa87yhtrnvg8lzqnv9hprk5sdkx6h58gjqwtujzl nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy

#bitcoin

Thanks. I've heard their name mentioned a handful of times on various podcasts. Will investigate them more as a potential option.

Curious on the logistics of doing so. Let's say your company simply wanted to start by putting bitcoin on their balance sheet, with initial plans of having it sit as a long term asset and adding to that reserve monthly as operating income allows. Are companies maintaining their own hardware wallets, as any individual should, or is the common path to use a third party as to maintain compliance with accounting/financial reporting regulations (or at least take additional measures in doing so) while accomplishing the goal of putting bitcoin on the balance sheet? Any additional resources you could point me to? Thanks

BTC164 is worth the listen regardless of the industry. Business leaders should be challenged to the thought exploration for financing their operations and understand what a bitcoin strategy looks like today regardless of if now is the appropriate time for their organization to act or not. Question would be how are organizations like 1West approaching custody? nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z any insight?

https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489?i=1000641111939

#bitcoin

Regarding bitcoin, nostr, and the evolution of “freedom tech”:

The us versus them narrative is entertaining but not as effective as the education that comes from questioning the status quo and how such developed. Not all will arrive at the same answers but listening to all sides and formulating one’s own opinion is important. Those who are helping facilitate this thought exploration, such as nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx with What Bitcoin Did, nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z’s Wednesday releases of Bitcoin Fundaments on the podcast We Study Billionaires, nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu’s Check Your Financial Privilege, nostr:npub1dc84762hpnp0y4jcvjcgwt8l7sepng93j3hg63hfm80ph6kt82eqktjwqd’s A Progressive Case for Bitcoin, Nik Bhatia’s Layered Money, nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a’s Broken Money, nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak’s The Bitcoin Standard and the multiple resources from nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx and nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy are invaluable.

People will arrive on their own time. These resources, among many others, are far superior than talking suits, rugs, blue checks, shitcoins, or price alone.

As Rachel Geyer stated on WBD757, "make sure that the person who is sitting at the table speaks the same language as the person opposite so that you open that door so that you can walk this idea in."

People will make mistakes. People will learn. Education is critical.

Education is the most effective catalyst for change.