TD₿: Is QE Infinity Inevitable? - (a video from Pacific Bitcoin 2023) with Greg Foss
TL;DR: Live from the Hard Money stage at Pacific Bitcoin Festival 2023, Greg Foss, Preston Pysh, James Lavish, and Lawrence Lepard discuss QE, and the status of the USD as the world reserve currency.
Hey Bitcoiner’s,
At the Pacific Bitcoin Festival 2023, Greg Foss led a panel with Preston Pysh, James Lavish, and Lawrence Lepard to discuss the precarious and vulnerable place the U.S. dollar finds itself amid rising debt levels as a world reserve currency. The perpetual cycle of QE required to keep the fractional reserve system of musical chairs is slowly ending…
A Bitcoin Standard system means several chairs, not just one, will be left when the music stops. Each chair represents a sovereign wealth fund backed by the thermodynamics of SHA256 computation - not nation-state-backed promissory fiat currencies of legalized fraud.
Watch the entire panel discussion, but also join the conversion with us! Meet and chat with the panelists at the Pacific Bitcoin Festival 2024.
Tick tock next block,
Cory Klippsten
The Daily Bitcoiner is Powered by Marathon Digital Holdings - setting the pace for the Bitcoin mining industry.
Sign up for Swan and receive $10 in free Bitcoin today.
Welcome to Bitcoin: 101 Series
Swan understands that learning about Bitcoin can be daunting, and articulating its concepts to your loved ones can often appear like an insurmountable task. So, we created this free 1-hour Welcome to Bitcoin: 101 Series. It’s the best way to orange-pill your friends and family members this holiday season.
With host Natalie Burnell, you’ll learn the many ways Bitcoin can benefit you, such as:
Inflation Protection: Protect your savings from inflation and manipulation.
Investment Opportunity: Potential for substantial returns driven by its scarcity and growing adoption.
Prosperous Future: Decentralized money that serves as a store of value for your hard-earned wealth.
Help kickstart your loved ones Bitcoin journey today!
Quote of the Day
“Buying bitcoin is the most powerful protest an individual can make against the current economic system.”
- Luc Dossis
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 Bitcoiner’s who want to work with a self-motivated and fully distributed startup team.
The Role
Last year, Swan announced the intent to launch a Bitcoin-only trust company. Now, we are working toward building a pipeline of highly qualified individuals to help us lead this company.
The trust company will embark on the mission of onboarding the world’s Bitcoin-only clients ranging from wealth managers, family offices, institutions, and beyond while innovating in Bitcoin-only custody initiatives such as multi-institutional custody and other new forms of collaborative and conditional custody enabled by Bitcoin native technology.
The company will maintain complete legal separation from Swan, and have its own management structure separate from Swan, while having the benefit of access to Swan’s broader resources (with more than 150 employees overall).
We are looking for a Director of Financial Operations to lead the function of the trust company. This early hire will play a pivotal role in building, developing, overseeing, and optimizing the financial operations of the trust company. This leadership position requires a seasoned finance professional with a deep understanding of fiduciary services, regulatory compliance, and a proven track record of driving financial and operational excellence.
This is a startup-phase tech company role that must balance the fast paced needs of a startup with the regulatory and risk needs of a trust company managing billions of dollars in AUM. The ideal candidate will have experience in rapidly changing high growth environments, be comfortable with wearing many hats, and be able to rapidly jump levels from hands-on review of new initiatives, to vendor selection, to conversations with management and regulators.
Your responsibilities
Financial Strategy and Planning
Develop and execute financial strategies aligned with the overall business objectives.
Collaborate with senior leadership to formulate budgets, forecasts, and financial plans.
Risk Management and Compliance
Ensure compliance with all relevant financial regulations, industry standards, and legal requirements.
Implement and maintain robust risk management practices to safeguard the financial integrity of the organization.
Operational Efficiency
Design, build, streamline and enhance financial processes to improve operational efficiency.
Implement best practices for financial reporting, internal controls, and audit processes.
Team Leadership
Build, lead, and mentor a high-performing finance team, fostering a collaborative and results-driven culture.
Client Relations
Collaborate with client-facing teams to ensure seamless communication and alignment of operations strategies with client expectations.
Address client inquiries and concerns related to financial operations.
Reporting and Analysis
Generate and analyze financial reports for presentation to the executive team and board of directors.
Provide insights and recommendations based on financial and operational data.
Skills and experience that will help you succeed
Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred.
Proven experience (10+ years) in a senior financial leadership role within the financial services or trust industry.
In-depth knowledge of fiduciary services, qualified custodian management, and regulatory compliance.
Strong strategic planning and analytical skills.
Excellent leadership and interpersonal skills.
Join us, become a Swan!
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
Event of the Day
BTC Prague 2024, June 13 - 15
Prague, Czech Republic
The biggest, most influential Bitcoin event in Europe, is back!
BTC Prague is scheduled for June 13-15. It features over 100 curated world-class Bitcoin speakers across four stages, over 100 Bitcoin companies exhibiting, and expects more than 10,000 Bitcoin enthusiasts.
Speakers include:
Michael Saylor, Executive Chairman, MicroStrategy
Allen Farrington, Author & investor
Pavol ‘Stick’ Rusnák, Co-Founder, SatoshiLabs
Marek ‘Slush’ Palatinus, Co-Founder, SatoshiLabs
Giacomo Zucco, Bitcoin Entrepreneur & Consultant
Peter Todd, Cryptochronomancer / web-π dev
Anita Posch, Bitcoin Educator & Author
Rational Root, On-Chain & Cycle Analyst
William Casarin, Bitcoin Core, Lightning & Nostr dev
Samantha de Waal, 13-year-old Bitcoiner
Rahim Taghizadegan, Austrian Economist & Entrepreneur
Ben Arc, Bitcoin FOSS Hobbyist & Advocate
Niko Jilch, Journalist & Podcaster
For more detailed information, visit here.
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.