Base Layer Capital

I used BarbellsAndBitcoin for years... today I finally changed it. Its still me. 👋

What's done is done. All equity position have been sold. IRA positions are all in FBTC - I "trust" Fidelity more than Blackrock.. All taxable accounts where closed out and funds in route to Base Layer Capital accounts. My entire networth, other than house, is in Bitcoin, BTC etfs, and income strategies based around Bitcoin volatility. Literally all in. Strategy is simple. Small Bitcoin loans combined with non loan capital into MSTR covered call yield engines. Harvest the vol for income let the BTC stack grow and NEVER get over your skiies.. First rule. Do not lose Bitcoin. Stay conservative with growth early on. Plan for 80% draw downs...though I personally believe they are over my models all include them. All models show sustainability in worst markets. Yield declines, nav declines, Bitcoin declines but we still make it out easily with more than enough income to live. We have long term adoption as wind in our back and income from volatility on a company executing a leveraged Bitcoin play to fund income and BTC aquistions. Dead simple. Borrow Bitcoin. Buy high yield assets. Pay off loan. Keep high yield asset to buy more Bitcoin. Rinse...repeat. Do it inside an LLC wrapper for better tax efficiency and liability protection. Send it.

The dollar is toxic.

nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg5waehxw309aex2mrp0yhxgctdw4eju6t0t25cfd Base Layer Capital is going to be opening a Strike business account. For banking proof can we use a Company controlled Schwab accout? BLC is a brand new company so all new bank and brokerage accounts will have little activity. We can either show a legit capital contribution to Schwab or show a small setup txn from Relay bank. Otherwise we have to do 2 hops to start executing our business strat... We would like to get setup with Strike ASAP. Thanks!

Idiocracy was a Prophecy.

My compamy Base Layer Capital LLC was denied a bank account at Mercury. Relay took us just fine though. It seems if your company is Bitcoin related there are still some banking issues in the USA.

I recommend everyone relisten to Saylor's talk. Get your assets into an LLC. There are so many benefits. For example: Wanna borrow against your stack? Do it in an LLC and you can deduct the interest... do it personally you can't... The goal is to have your corporation own as many of your assets as possible. Forget the concept of owning everything in your name.

It's always a good feeling when your last buy is a full coin round up. Stack sats and chill.

Early #Bitcoiner sunning their balls

If you were in this list of Ethfi followers I unfollowed you. Unfollow them and I'm happy to follow you again.