Bitcoin is ultra-scarce, internet-native digital gold, the base layer of the future global financial order. It has the most favorable Sharpe ratio, giving your institution profoundly powerful risk-adjusted return. Accordingly, it demands a noticeable position on your agency’s balance sheet. Now with a market cap larger than all the world’s silver, and aiming to eclipse gold, Bitcoin is also pristine collateral, highly salable, has a liquid market, and unlike traditional legacy assets, can be traded “24-7-365.” Now, with the endorsement of the largest and most powerful financial (e.g. BlackRock) and political institutions (e.g. the President-elect of the United States) in the world, regulatory and career risks for individual and institutional holders of bitcoin are no more. Bitcoin’s average compound annual growth rate eclipses any asset in the past 15-16 years, with a total rate of growth higher than any asset in the history of the world. The vast majority of the bitcoin that remains to be released to the world will be coming in the next nine years – in a few short years it will be much, much more expensive to obtain.
Dan Carman can assist your institution along every step of the way.
First, Learn – Dan can provide any appropriate depth of education on Bitcoin’s history, software protocol, institutional use-cases, regulation (and lack thereof), and performance-profile for your decision-makers and execution personnel.
Second, Purchase – bitcoins are fungible, but Dan connecting you to the right seller(s) will ensure available liquidity of bitcoin, support for timed purchases, reporting documents, and a competitive fee available to facilitate the trade(s).
Third, Secure – leveraging Dan long-standing relationships, your institution will be assured of the most reliable and supportive custody partners, with available options of multi-signature and multi-institution collaborative custody of its bitcoin.
Fourth – Insure – insurance for your agency’s Bitcoin holdings is now available. As Bitcoin is a bearer asset, there is no one to bail out a bitcoin-holder who has lost the private keys to its wallet. Accordingly, even with the reliable custodians, insurance (now available with such companies as coverholders of Lloyd’s) for long-term holdings is a vital consideration.
Attorney Dan Carman
Focusing on criminal matters, Mr. Carman is admitted to practice law in all Courts of the Commonwealth of Kentucky, the United States District Courts for the Eastern and Western Districts of Kentucky, and the United States Court of Appeals, Sixth Circuit. He is a member of the American, Kentucky, and Fayette County Bar Associations. Mr. Carman also worked as a prosecutor, as well as a legal assistance attorney. Attorney Dan Carman can help you with any criminal defense matters you may need including; DUI, drug, and weapons charges, trespassing, traffic violations and more. [ Attorney Bio ]