BITCOIN AS A PATH TO INVESTMENT
Karl Dakin
I help you overcome challenges to raising capital. Take advantage of my Motivated Money Method to identify those investor candidates that are most likely to invest. Top expert in fundraising.
QUICK CALENDAR
TOMMOROW, WEDNESDAY, NOVEMBER 27, Don Cohen show, 9 am Mountain Time / 11 am Eastern Time
No Community Revitalization show this week – HAPPY THANKSGIVING!
?FUNDING HAPPENINGS
Decrypt reported that the US Securities & Exchange Commission (SEC) set a record of $8.2B in penalties for 2024. Over half of the total—$4.5 billion—came from the SEC’s case against Terraform Labs and its founder, Do Kwon, who was liable for the collapse of the Terra blockchain ecosystem. Without that settlement, the SEC’s financial remedies would have clocked the?lowest?since 2013, at $3.72 billion, according to a?statement.
?ASK CAP
CAP, my artificial intelligence (AI) avatar, is available on my website 24/7/365 to answer your questions for free on matters related to funding.
?I developed CAP with a license from Knowledge Avatars to answer frequent questions about funding and save myself time to answer the harder questions.
?I asked CAP,
“How may a small business take Bitcoin as an investment and use the Bitcoin as collateral for a loan?”
CAP responded:
“To accept Bitcoin as an investment and use it as collateral for a loan, a small business must follow these steps:
1. Set Up a Bitcoin Wallet: Establish a secure digital wallet to receive and store Bitcoin.
2. Seek Institutional Partners: Engage with financial institutions or crypto lending platforms that accept Bitcoin as collateral.
3. Evaluate Legal and Regulatory Compliance: Ensure adherence to relevant financial regulations concerning cryptocurrency transactions in your jurisdiction.
4. Risk Assessment: Understand the volatility of Bitcoin and its impact on collateral value.
5. Loan Agreement: Enter into a formal agreement outlining the terms of the loan and the role of Bitcoin as collateral.
?These steps would facilitate the use of Bitcoin in enhancing capital options for a small business.”
?FUNDING POINT – BITCOIN AS A PATH TO INVESTMENT
My conversation with Mark Maria this morning on my Successful Funding show was a high-energy conversation.
Mark pointed out that Bitcoin may be viewed as (1) an investment and (2) an alternative currency and payment system. While acknowledging that he does not consider Bitcoin as an investment due to its volatility, he has purchased Bitcoin to serve as a better way of holding assets that support his ability to conduct business.
Bitcoin may serve as a form of currency. A value is assigned to Bitcoin equal to its then current market price. It may then be used in transactions for the purchase and sale of assets, including dollars. In the conduct of these transactions, the participants can complete payment instantly without banking holds, clearances, or other reasons offered by intermediaries to justify a delay in transfer, charge fees, and make money on the money.
We discussed that every country that issues its own currency does so with an intent to control it. Currency is a tool of governance. It may be used as a weapon in trade wars. It is almost always politicized by whoever is running the government of the country for the benefit of whoever put them in office.
As Bitcoin was designed, it was intended to be beyond the control of anyone representing the best concept of a free and open market that cannot be controlled or cornered by anyone.
In theory, and as promoted, Bitcoin would not be subject to common currency inflation. It is argued that the value of Bitcoin actually increases as country currency decreases due to inflation.
Setting aside Bitcoin as an investment, its pricing based upon speculation and people making investments without understanding investing, Bitcoin as a payment system may offer benefits that should be explored by small businesses and communities. This benefit potential will be explored in future articles in this Instant Funding newsletter.
If you know of or are working with a Bitcoin solution that you would like to share with everyone, please send it to me for review and possible publication at [email protected].
BELIZE REAL ESTATE & LIFESTYLES SHOW
LAST WEDNESDAY, Boris Mannsfeld and I hosted the inaugural Belize Real Estate & Life Styles show. The program covered a wide variety of reasons why Belize may be in anyone’s future for tourism, business, or retirement.
You may the show recording at:
SUCCESSFUL FUNDING SHOW
THIS MORNING, Mark Maraia was my guest on the Successful Funding show. We talked about Bitcoin as an investment and as a tool for managing transactions. See today’s Funding Point article.
You may view the recording later at:
LAST TUESDAY, Thomas Frey CSP was my guest on the Successful Funding show. Dr. Tom Frey is a world-class futurist. We talked about the future of funding. The conversation included the topics of change, tokens, cryptocurrency, anticipated changes at the SEC, and higher-quality access to information.
You may watch the recording of the show at:
COMMUNITY INVESTMENT SHOW
LAST THURSDAY, Donald Cohen was our guest on the Community Revitalization show presented by RCI Community Funds and RCI Academy. Stephen Shaff and I acted as co-hosts as we discussed the importance of communications within communities. Not only is it a key asset in building and operating community investment funds, but as a prerequisite, communication serves to inform a community and enable it to have a sense of identity.
You may see a recording of the show at:
DON COHEN SHOW
TOMORROW, WEDNESDAY, NOVEMBER 27, I will be a guest on Don Cohen’s show at 9 am Mountain Time / 11 am Eastern Time. We will be discussing ‘Documentation,’ which means getting in writing, books and records, and third-party testing.
Tis the day before Thanksgiving.
You may view the show live or watch the recording later at:
LAST WEDNESDAY, I was a guest on Don Cohen’s show. Our topic was crowdfunding. We discussed the future of crowdfunding, things people are doing right or wrong to gain the most from crowdfunding, and the challenges of building a ‘crowd.’
You may view a recording of the show at:
SUBSCRIBE
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Karl Dakin, the Capital Coach
Dakin Capital LLC
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8 小时前That's veary informative and so great work for the future Generations thanks for sharing this best wishes to you all their ?????????????????????????
I help you overcome challenges to raising capital. Take advantage of my Motivated Money Method to identify those investor candidates that are most likely to invest. Top expert in fundraising.
15 小时前Do you use Bitcoin as a tool?