Bitcoin & The Mother of All Short Squeezes (a video)
TL;DR: Can the Bitcoin price be suppressed in perpetuity via paper contracts like gold? We explore Willy Woo's controversial theory that ultra rich players or even nation states can attack Bitcoin.
Hey Bitcoiners,
Paper instruments are only about short-term trading. Entities with large cash positions can suppress the price of Bitcoin in the short term by selling large amounts of futures contracts with leverage. This has been happening to gold for decades.
Can nation-states or banks print infinite amounts of fiat to short Bitcoin by selling futures contracts with massive leverage and permanently suppress the price of Bitcoin? Can Bitcoin pull off the mother of all short squeezes that end the fiat system?
Enjoy!
Tick tock next block,
Cory Klippsten
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Chief Financial Officer
The Company
Swan is a leading Bitcoin-only financial services company supporting individuals and companies throughout their Bitcoin journey. We hire passionate Bitcoiners who want to work with a self-motivated and fully distributed startup team.
Your responsibilities
Evaluate and manage capital structure and fundraising initiatives. Lead private and public capital and fundraising efforts, performance of due diligence, and development and ownership of pro forma cap table and pricing of financing round and/or capital raises
Work with Wall Street analysts on education around Swan’s business model and performance
Articulate the difference between Bitcoin and crypto to a variety of external audiences
Monitor business performance and risk assessment and management; prepare detailed reports for board of directors and management team
Strengthen banking and treasury relationships
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Manage and evaluate M&A (acquisitive) opportunities and events and non-organic growth initiatives from a financial perspective
Responsible for timely and accurate preparation of financial statements, annual, quarterly and monthly, in conformity with U.S. GAAP including MD&A, footnotes, and related disclosures
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Lead tax planning, compliance, and strategies for the company and its affiliates
ERP/NetSuite implementation and platform improvement and automation
Perform daily, weekly, monthly, and annual treasury policy including management of BTC and USD
Lead risk-management activities including D&O, general liability, property and umbrella, facility and personal injury exposure, Tech E&O/Cyber Security and other coverages as needed
Skills and experience that will help you succeed
Prior experience in executive leadership roles for a US public company listed on NASDAQ or NYSE
Must be a big Bitcoin fan who can eloquently explain the many differences between Bitcoin and crypto
Experience with capital raising, M&A, and investor relations
CPA certification a plus
Here's a bit about our culture
We’re a growing team: Fully distributed across the world, Slack and video conferencing are huge here.
We’re very flat: Leadership is desired and encouraged; we hire people who care about the product they are working on.
We’re Bitcoiners: We find solutions that encourage Bitcoin principles. Many of us pull double duty alongside our main job, producing content for Bitcoin newsletters, podcasts, social audio platforms, and YouTube shows, and spend some of the day on Twitter educating the masses. We love Bitcoin, and it comes through in our daily chats, meetings, and actions.
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Pacific Bitcoin — By Swan Bitcoin
The Barker Hangar
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