TD₿: Bitcoin Deserves Some Space in Your Portfolio (a Bloomberg Article) by Alexis Leondis
TL;DR: Even just a 1% allocation to Bitcoin in a traditional portfolio can dramatically improve returns
Hey Bitcoiners,
It’s really nice to see mainstream media outlets trying to take a more objective look at Bitcoin, even when the reporters are not deeply experienced or informed about it. However, the rough year that traditional investment strategies have encountered are getting people to open their minds and run the numbers themselves. And as this reporter for Bloomberg found, even a small allocation to Bitcoin can have significant upside.
Enjoy!
Tick tock next block,
Cory Klippsten
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Quote of the Day
“Owning bitcoins is one of the few asymmetric bets that people across the entire world can participate in.” - Vijay Boyapati
Job of the Day
Head of Finance (part time) - Foundation
Do you believe in sovereignty, privacy, and freedom? Do you want to help Bitcoin and sovereignty achieve widespread adoption?
Foundation builds Bitcoin-centric tools that empower you to reclaim your sovereignty. This starts with Passport, our best-in-class Bitcoin hardware wallet. Passport offers a huge leap forward in design and user experience, making it easier than ever to securely store your own keys.
We’ve shipped our first 1,000 Passport Founder’s Edition units to customers to rave reviews, and we are now shipping an updated Passport Batch 2 alongside Envoy, our new mobile companion app.
We’ve assembled a world-class, multidisciplinary team – and now we are looking to build it out. Together, we’ll build a new ecosystem that we call sovereign computing. Our roadmap is aggressive, and we’ll be shipping innovative new products every year.
The Role
We are looking for an experienced professional to take over our bookkeeping, automate our financial processes, and build out an in-house finance department. The ideal applicant is extremely motivated to join a high-growth startup and excited to wear many hats.
This role offers the opportunity to grow into a full-time Head of Finance position over the next year.
Select Responsibilities
Day-to-day bookkeeping and inventory tracking
Work closely with our accounting firm for tax reporting
Create forecasts and budgets
Claim R&D credits on payroll
Oversee sales tax and payroll tax filings across various US states
Optimize and automate our financial processes, such as invoice processing
Establish and negotiate payment terms with suppliers
Treasury management
Qualifications
5+ years working in finance and accounting
Bookkeeping experience is required
Experience with physical products including inventory tracking, raw materials, COGS is required
Enthusiasm for Bitcoin and empowering people with sovereignty are required
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
Event of the Day
Indonesia Bitcoin Conference 2023 — Oct 26-27
Get ready for the biggest event in the Indonesian bitcoin community! The Indonesia Bitcoin Conference is back and this time, it’s being held in the beautiful island of Bali on 26-27 October 2023. This conference is the perfect platform for industry experts, investors, and bitcoin enthusiasts to come together and discuss the latest developments and trends in the world of bitcoin.
Over two days, attendees will have the opportunity to attend keynote speeches, panel discussions, and interactive workshops with some of the most prominent speakers. The conference will cover topics such as lightning development, community building, nostr, Austrian economics, investment and many more.
Aside from the informative sessions, there will be plenty of opportunities for networking, bitcoin bazaar and social hours with your fellow bitcoiners
Don’t miss out on this unique opportunity to connect, learn, and grow with the Indonesian cryptocurrency community. Register now for the Indonesia Bitcoin Conference in Bali on 26-27 October 2023!
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
