Over 80,000 Bitcoin Leaves GBTC, When Will the Bleeding Stop? - (a Swan original video) with Dante Cook
TL;DR: GBTC bleeding has no end in sight, perhaps due to a pre-approval deal with regulators, Blackrock and Fidelity still lead the ETF inflow charge and no, U.S government debt ≠ savings.
Hey Bitcoiners,
On this Bitcoin ETF Daily Show episode, Dante Cook goes over the massive outflows from Grayscales GBTC ETF fund to Coinbase Prime. He also ponders whether this could be a backroom deal to redistribute Bitcoin holdings to the other ETFs.
Cook also covers the ETF inflow race between Blackrock and Fidelity, plus Modern Monetary Theory advocate Stephanie Kelton's recent (absurd) statement that the money created out of thin air is yet to be confiscated by the government… Are now considered savings? Learn why Kelton takes this position!
Tick tock next block,
Cory Klippsten
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Welcome to Bitcoin: 101 Series
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Quote of the Day
“In the near future, the government having a monopoly on money will seem as strange as the government having a monopoly on religion or language.”
- Conner Brown
Job of the Day
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.
The Role
Swan is looking to hire an Inside Sales IRA Representative to work closely with Swan IRA clients during their onboarding journey. This role involves handling a substantial number of leads and excelling in closing them.
Your responsibilities
Manage a fast-paced sales environment, handling up to 10 calls per day to achieve a target of closing 50+ accounts monthly
Actively engage clients and prospects to build relationships, identify needs, and review IRA investment goals related to Bitcoin
Navigate an average sales cycle lasting 2-3 weeks to secure client commitments
Develop expertise across all facets of IRAs, staying updated and informed
Collaborate extensively with onboarding, client services, and marketing teams to elevate client deliverables and contribute to product enhancements
Cultivate relationships with new clients by providing high-quality and bespoke support
Qualify inbound leads and determine when to pass a lead to Swan Private Managing Director or to provide some direction for self-service
Coordinate with Swan Private sales team and the Client Services team to provide the best service to incoming IRA leads
Skills and experience that will help you succeed
Sales Excellence: Proven success in SaaS sales or similar roles
Bitcoin Expertise: Essential for educating clients and answering their questions
Tax-Advantaged Accounts Familiarity: Knowledge of IRAs is preferred, willingness to become an expert is crucial.
Marketing Automation Proficiency: Proficient in email/SMS client follow-ups
Rapid Trust Building: Quickly establish trust via phone or video calls
Organizational Skills: Highly organized in managing leads and follow-ups
Relationship Management: Experience in effective relationship building
Effective Communication and Listening Skills: Proficiency in deep listening, anticipating needs, and identifying opportunities
US Timezone Availability: Able to work within US timezones for client interactions
Here's a bit about our culture
We’re a growing team: Fully distributed across the world, Slack and Huddles are huge here.
We’re very flat: Leadership is desired and encouraged; we hire people who care about and use the product they are working on.
We’re Bitcoiners: We find solutions that encourage Bitcoin principles. We are often involved in the Bitcoin community through writing, podcasts, conferences, open source projects, and time spent on Twitter to help educate the masses. We love Bitcoin, and it comes through in our daily chats, meetings, and actions.
Join us, become a Swan!
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
Event of the Day
Adopting Bitcoin 2024 — January 26-28, 2024
Cape Town International Convention Centre
Cape Town, South Africa
Join Adopting Bitcoin for an exciting event in the breathtaking city of Cape Town, South Africa, to explore the unique overlap between Bitcoin and the Parallel Institutions currently being built and deployed here.
Local and international speakers will discuss the latest in Bitcoin development, within the context of real-world parallel economies and institutions.
Speakers include:
Anita Posch, Bitcoin For Fairness
Bheki Mahlobo, Market Analyst , ETM Analytics
Carel van Vyk, Director, Crypto Convert
Craig Raw, Founder & Developer, Sparrow Wallet
Hermann Buhr Vivier, Founder, Bitcoin Ekasi
Kgothatso Ngako, Machankura
Oscar Lafarga, Fedi
Russell Lamberti, Director, Sakeliga
Steven Hanauer, Finance Lead, Bitrefill
Zakhele Mthembu, Free Market Foundation
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.