"Given the state of our economy and global monetary policy trends, we believe that it is now the fiduciary duty of company executives to allocate a portion of their treasuries to #bitcoin" unchained-capital.com/blog/the-rise-…
2/ "Holding bitcoin on our balance sheet for over six years has given us the perspective to see that bitcoin truly is a store of value and a protection from the devaluation of the dollar"
3/ "Due to their nimble nature, small businesses currently have a chance to get out in front of this trend and set themselves up to create enormous opportunities for their companies"
4/ "potentially creating a shift in the competitive playing field between large corporations and the small businesses that have the foresight to recognize these facts"
5/ "After accruing a fair amount of bitcoin [in 2014-2016], the subsequent 2017 bullrun, worsening macroeconomic conditions, and a deeper dive down the rabbit hole, we decided to reallocate nearly all (80%) of our treasury into bitcoin to help protect its long term value"
6/ "Security has always been extremely important. We’ve never kept our bitcoin reserves with an exchange or with a payment service provider for this reason. There is nothing that can provide greater security in bitcoin than holding private keys, whether an individual or business"
7/ "With multiple partners in our corporation, it was a bit more challenging to secure bitcoin than as an individual. Despite a high degree of trust and among partners, it has always been our goal to eliminate single points of failure, which used to be difficult to achieve"
8/ "With the collaborative multisig option provided by UC, things came together naturally and left all parties comfortable with the security and trust in the set up, knowing that no single individual or party has unilateral access to, or control of, our bitcoin"
9/ At Unchained, we support a wide range of businesses, and are particularly proud to be serving small business owners.
1/ @COLDCARDwallet is the first PSBT based wallet, and the first air-gapped wallet, to gain our official support. We’ve gone through pains to make the PSBT process as secure as possible. There are two ways you can structure a PSBT to sign via the Coldcard unchained-capital.com/blog/now-coldc…
2/ The quickest implementation requires you to include your wallet Xpubs in each and every PSBT file. However, after discussing this option with the @Coinkite team, we concluded this unnecessarily compromises privacy. Our implementation is privacy preserving
3/ First, you configure your Coldcard with the Xpubs associated with your Vault or Loan, so that your future PSBTs don’t need to include this sensitive information
2/ With the OCC interpretive letter giving nationally chartered-banks the greenlight to pursue custody strategies and with companies like @MicroStrategy and @SnappaHQ leading a trend of shifting cash reserves to bitcoin, business adoption is becoming more mainstream by the day
3/ Businesses have different challenges than individuals
There are multiple employees, shareholders, investors, etc that share in financial controls
Financial controls are equally, if not more important, than sovereignty, censorship resistance, and avoiding counterparty risk
The @mynodebtc Caravan integration is the latest in a series of community driven integrations. This thread will summarize some of the unique use-cases and integrations Caravan has enabled so far. Try it out today unchained-capital.github.io/caravan/#/help
First, @hodl_american, @matt_odell and @KISBitcoin collaborated remotely to build a 2-of-3 address for a bet using bitcoin by pasting in pubkeys. We believe that this is the first time a bitcoin bet has been coordinated in this way
Next, @KayBeSee took it upon himself to add @COLDCARDwallet integration to Caravan with his ColdCard Kitchen tool (Caravan full PSBT support is in the pipeline)
Thousands of coins enter. One coin leaves. The Bitcoin Thunderdome is an evening with prominent Austin bitcoin champions battling it out to see who can make the most people panic buy bitcoin on spot. Stay humble, stack sats. The contestants please: bit.ly/2T8m5PJ
He lifts weights, wears cowboy hats and when he’s not crushing 72 oz steaks, @jimmysong authors distinguished literature (Programming Bitcoin / The Little Bitcoin Book) and trains the next wave of bitcoin developers. Come hear his talk on programming bitcoin.