Close to five percent....??? Treasures???
Are you doing this through US Treasuries website US DIRECT???
Hey Coinbase is offering USDC at 5.10 APY..!
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
Close to five percent....??? Treasures???
Are you doing this through US Treasuries website US DIRECT???
Hey Coinbase is offering USDC at 5.10 APY..!
So there’s lots of talk about the ETFs bringing in assets which buy up #Bitcoin & raise the price.
There’s something much more interesting. The financial advisors.
There are over 620,000 SEC/ FINRA licensed investment professionals (I’m one of them!) in the US, thousands of broker dealers and there are over 15,000 Registered Investment Advisors (RIAs).
How much money do these groups manage? Almost all of it.
Trillions of dollars.
Yeah yeah, we all know it’s deca millions of clients and lots of assets already.
But here’s the neat thing — these thousands of family office managers, brokers, financial advisors and RIAs are mostly not involved in Bitcoin or well versed on it. But they will be.
Things will change radically for several reasons:
- financial advisors follow the money and follow the trends
- advisors are smart about money / motivated to learn
- they need to keep up with what customers & the public is talking about
- there is pent up professional desire by advisors who like Bitcoin or are bit-curious but who can’t justify the time to focus on it due to focus on products they are allowed to offer & make a living from
- they like to make money and do well for clients
- they believe in well balanced /blended portfolios & the best advisors adjust for risk / hedge. Based on its performance & correlation with markets over the last decade, Bitcoin belongs in many more portfolios
- speaking of which, thousands of financial planning & asset allocation software products will add the Bitcoin ETFs so advisors can do analysis & add it to hypothetical and real portfolios
Here’s an even bigger one:
These big investment firms will spend billions marketing these Bitcoin based investments to their clients!
You think these companies are going to sit here hoping to win in assets after all this work? Nah. They are going to do what Wall Street does better than anyone: they are going to SELL these investments. They will have Chief Economists and experts and CEOs talking about this. They will have the best ads we’ve ever seen. The most sophisticated and well presented narratives. They will spend millions educating the public about why this makes sense as part of their portfolio.
The investment companies even hire what are known as wholesalers - these are like super salespeople who sell to the salesforce — they travel office to office with a blank check food & beverage budget meeting brokers, buying lunches and telling the brokers & financial advisors why they should put clients in this product. The wholesalers know the topic cold and are available to help on the high end sales. They also provide brokers with financial support, advertising materials, already compliance approved PPTs & mailers and educational materials.
Yes, the financial advisors will get up to speed on Bitcoin. They will have no choice.
And here’s where it gets exciting: as all these thousands of financial advisors learn about Bitcoin what will happen? Many will get it. They will see Ross Stephens and Saifedean and Saylor videos, they will read the books, they will follow crypto Twitter and go to conferences. They will get the narrative. Some will become true believers. The next great supporters and proponents of Bitcoin don’t even believe in it yet. In 10 years some billionaire may be saying “Man, I was late. I was at a big bank and not allowed to touch it until the EFT so I didn’t learn about it much until 2024…”
The reason this all can work like this is because Bitcoin is better money. It makes sense today, in these times.
There’s a lot of stupid things about the ETF and investors should buy Bitcoin direct and have control of keys whenever possible. There will be drawbacks of the ETFs and that’s a topic for another post.
Wall St and an army of high caliber financial professionals are here. I welcome my old colleagues from Wall St to meet my old friends in Bitcoin. Old friends and new. Buckle in. We are in for a ride.
continued
Oh yeah —- and it’s a finite asset!!!
In a world of fiat with an ever expanding supply!
They can’t turn on more capacity and mine more bitcoins like gold—- it doesn’t matter how many people love it or how many people want some more #Bitcoin -/ the supply is set, the issuance is set.
No matter how many billions you throw into mining it won’t make there be more coins in the supply — best you can do is have a better chance at more of the same coins everyone else is fighting for.
Buy the news sell the rumor?
Sure. For many things.
Not for this.
Not for an education campaign and demand kickoff on a limited supply asset. A limited supply asset. In a world of unlimited fiat.
Onboarding financial advisors and wealth managers as true believers in better money, in sound money will in turn exponentially create more true believers —- more laser eyes hodlers. And those folks are nuts. They never sell. Even the ETF won’t be able to get their coins.
Oh yeah —- and it’s a finite asset!!!
In a world of fiat with an ever expanding supply!
They can’t turn on more capacity and mine more bitcoins like gold—- it doesn’t matter how many people love it or how many people want some more #Bitcoin -/ the supply is set, the issuance is set.
No matter how many billions you throw into mining it won’t make there be more coins in the supply — best you can do is have a better chance at more of the same coins everyone else is fighting for.
Buy the news sell the rumor?
Sure. For many things.
Not for this.
Not for an education campaign and demand kickoff on a limited supply asset. A limited supply asset. In a world of unlimited fiat.
Onboarding financial advisors and wealth managers as true believers in better money, in sound money will in turn exponentially create more true believers —- more laser eyes hodlers. And those folks are nuts. They never sell. Even the ETF won’t be able to get their coins.
US SEC approves 11 spot bitcoin ETFs
Guys with the approval now met.....when will these companies go live in providing services? I want to snatch some shares up ASAP.
We're going to need a sub forum for this shit
.
Yea
I can see a dip coming to scare investors away, to grab up as much bitcoin
as they can, in hopes to one day have enough bitcoin to control the market..
HA good think they are a dollar short and a day late....
Ok they may not be a dollar short.. but they fo dam sho
a DAY LATE!!
Im just sayin.. if a major dip comes.. Im definitely scooping up
some bitcoin/xrp etc
and pray muthafuckas dont vote for spineless trash to run
the country down the drain for four more years.
Denver Pastor Says ‘the Lord Told Him’ to Steal $1.3 M from Christians to Remodel Home
Denver Pastor Eli Regalado and his wife Kaitlyn are facing civil fraud charges in Colorado after selling "worthless" cryptocurrency to 300 Christians.
Colorado pastor accused of pocketing $1.3M in crypto scheme says 'Lord told us to'
More than 300 people bought INDXcoin, a cryptocurrency created by the pastor and marketed through his online church, which was deemed "illiquid and practically worthless."
www.nbcnews.com
God Told Him to Sell Crappy Crypto
Eli Regalado could sell anything to anyone—but when he peddled a boom-and-bust cryptocurrency, the authorities caught up with him.
www.thedailybeast.com
Thread participants with a long memory
What is
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Musketeer is a DeFi token on the Ethereum blockchain.
Musketeer has
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that have done
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since launch with current liquidity pool of $5,067.
The token has been around for 50 days.
Musketeer
Price Now
Musketeer Token price now is $0.0000008042 with a 24h volume of $0.
Musketeer is up 0% in the last 24h.
Musketeer Market Cap is $5,549.
Lowest price of Musketeer
Lowest price of Musketeer in the last 24 hours was $0.0000008042.
Highest price of Musketeer
Highest price of Musketeer in the last 24 hours was $0.0000008042.
Where to trade Musketeer
You can purchase this token above through any of our recommended swaps.
Currently this token is trading on Uniswap V2
What is
Musketeer?
Musketeer is a DeFi token on the Ethereum blockchain.
Musketeer has
72 holders
that have done
595 txs
since launch with current liquidity pool of $5,067.
The token has been around for 50 days.
Musketeer
Price Now
Musketeer Token price now is $0.0000008042 with a 24h volume of $0.
Musketeer is up 0% in the last 24h.
Musketeer Market Cap is $5,549.
Lowest price of Musketeer
Lowest price of Musketeer in the last 24 hours was $0.0000008042.
Highest price of Musketeer
Highest price of Musketeer in the last 24 hours was $0.0000008042.
Where to trade Musketeer
You can purchase this token above through any of our recommended swaps.
Currently this token is trading on Uniswap V2
Why This Crypto Mogul Claims He’s a King of a ‘Cyber Nation’
Andrew Lee is a tech entrepreneur, multimillionaire, and occasional hip-hop artist. He also claims he’s Crown Prince of Korea. His next move? Starting a digital country.
South Korean royals shell out $12.6 million for a Thousand Oaks palace
Andrew Lee, an entrepreneur-turned-prince, just dropped $12.6 million on a lavish mansion in Thousand Oaks, the priciest sale the city has seen this year.
www.latimes.com
'Crypto king' investor says she doesn’t believe Pleterski is orchestrating alleged Ponzi scheme alone
An investor who handed Ontario’s so-called 'crypto king' $75,000 believes Aiden Pleterski is not the sole mastermind orchestrating the alleged multi-million dollar investment scheme that’s become synonymous with his name.
Unreleased video allegedly shows torture of Ontario 'crypto king' during kidnapping
A grieving mother is on a quest for answers after her 25-year-old son died just days after coming across new footage alleged to show the kidnapping and torture of so-called 'crypto king' Aiden Pleterski.
I need to connect and verify with an eligible Web3.0 wallet. What are some good options? I need some information fast. Thanks in advance as always
Bittrex owes me some money. I haven't been able to access my account in years since I upgraded my phone.
How can I find out what other money I might have sitting out there in the crypto world?
Bittrex owes me some money. I haven't been able to access my account in years since I upgraded my phone.
How can I find out what other money I might have sitting out there in the crypto world?
Money or Crypto? Because if it’s crypto you’re probably sol if the crypto was delisted.
Either. I got money coming
"Due to our internal audit we have noticed a coin balance of $9,302.35 associated with your Bittrex account. The deadline for withdrawing these remaining funds is February 10, 2024."
That’s 2 days from now. You need to be on the phone or emailing customer service ASAP. They probably want you to KYC before they let you into the account.
i got this too.
i reached out to customer service and they told me i missed the august 31st deadline so i am unable to get anything. i dont know why they sent that email because you cant get the money.
This is the war being waged on crypto..it's crazy how they cockblockin the average man but corporations like black rock all in crypto..
No restrictions mind you..you pay more in taxes
Than black rock yet it not even a fuckin living entity gets the freedom
And we get the restrictions...
What state are you in?? In NYC it's fucking disgusting the crypto cockblockin that goes on..
And the mayor is mad crypto friendly yet his hands are tied!!
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to be fair, they gave notice in the summer. i transferred everything except for the coin I have a balance; that's on me.
i tried to get it back when i got that email but nope.
It's a scam if you look at the address sender. Fucked up I wasn't paying attention and left money up in there. I have to try the deployed military trick
I'm not hedging or shorting bitcoin . If the ETF is delayed the price of all crypto stays low for a while
bruh this is NOT on the exchanges, they are being threatend with immediate closure
by these faggot banksters and their fuckin whore the SEC, the sec goes so hard for
any venue where the masses can make money, if the sec went this hard against insider trading
amongst the gluttonous one percent... USA would have no debt.
So CHEA the EXCHANGES ARE VICTIMS.... they WANT OUR BUSINESS but moreso
they want to STAY in BUSINESS... this is on the banksters and their govt whores
cock blocking, which they started a few years ago.
think about the mindfuckery, they say cyrpto currency will be used for criminal activity,
as if the fuckin DOLLAR THEY PRINT IS NEVER USED FOR CRIMINAL ACTIVITY, just dumb shit,
that if repeated enough could sway the easily swayable amongst us!!
but their Power lies in this weak ass biden administratin and democratic party,
I aint sayin the republicants cant be bought like cheap whores to be against crypto,
dont matter tho, crypto is here to stay... no matter how many roadbocks they throw at it...
The troll has spoken.
wall streets hired whore, they sure know how to pick em!! Imagine if this prick and the sec went
after inside traders, with the same intensity they are so concerned about crypto investors...
its disgusting what they did to early XRP holders..... fucked up a lot of folks right here on bgol....
I cant even look at the fuckin rat face fuck just knowing what he represents..
Im gonna need bullet points.
He would be died.
Very interesting
Thanks peeping it now
Interesting... basically what he was saying is....
Black rock may be more of a crypto hero than
A crypto zero like the banks who is spending billions cockblockin crypto..
He maybe right like the vid said it's all about profit
So black rock just maybe on team crypto..
Just a lil too early to trust em if ya asking me
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