TD₿: Selloff Continues - U.S. Government Dumping Bitcoin? - (a Swan original series) with Dante Cook
TL;DR: The market selloff continues as the U.S. government sends 3,940 Bitcoin to Coinbase today, trading a finite asset for something they can create out of thin air.
Hey Bitcoiners,
In today’s episode of Bitcoin Daily, Dante dives into the power of long-term thinking and why decisions like this could come back to bite you. The market selloff continues as the U.S. government sends 3,940 Bitcoin to Coinbase today.
Don’t they realize they’re trading something they can’t make more of for something they can create out of thin air?
Enjoy!
Tick tock next block,
Cory Klippsten
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Welcome to Bitcoin: 101 Series
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Quote of the Day
“Once you have seen [Bitcoin], you cannot unsee it. And once you get it, there is no way back.
- Plan B
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 for an engineering leader with significant experience with payments fraud and risk systems at scale at Bitcoin, crypto exchanges, or fintech companies to improve and scale up an already sophisticated suite of tools, automation, and agent workflows.
As Engineering Manager, you will report to the Sr. Director of Engineering and work closely with our teams managing ACH fraud and account takeovers to ensure the best experience for our clients and the worst experience for fraudsters that would dare attack us.
Your Responsibilities
Lead the design and implementation of fraud detection systems and processes.
Work closely with cross-functional teams, including product management, engineering, and operations, to ensure fraud prevention measures are integrated effectively.
Deepen integrations with existing fraud and risk vendors to get the best data to the right places at the right time.
In partnership with the risk and data teams, develop and improve dashboards and monitors to detect anomalies and create alerts related to fraud and payment risk.
Work closely with our payments risk team and data analysts to implement workflow improvements.
Ride along with risk agents to Identify new patterns and build systems and processes to reduce risky behavior while focusing on positive user onboarding experiences.
Stay current with the latest fraud trends, techniques, and technologies in the industry. Conduct in-depth analyses of fraud patterns and identify potential vulnerabilities to mitigate risks proactively.
Work on systems to improve user experience for good actors through lowered lock times and higher purchasing limits.
Evaluate new system vendors, stay up-to-date with existing vendor offerings, and make recommendations to improve our tooling to senior management.
Mentor, evaluate, set goals for your engineering team, and contribute to its professional growth.
Skills and experience that will help you succeed
Proven experience (3+ years) in fraud prevention and risk management, preferably at a major Bitcoin, Crypto, or Fintech company dealing with fraud at scale.
3+ years proven track record of managing high-performance engineering teams, specializing in fraud prevention and risk management.
5+ years of Software Development experience, with a focus on consumer-facing applications.
Excellent communication skills, desire to own and lead a product from concept to execution.
Desire to work in a fast paced start-up environment where you’ll have a lot of say in the product, but also lots of responsibility.
A true passion for Bitcoin as a world-changing monetary innovation. We’re not a crypto or blockchain company. We don’t care if you’ve done any of those things in the past, but here we’re all about onboarding people into Bitcoin!
Familiarity with our stack (Node/React/Postgres) is a plus but not required.
A data science background is a plus.
Must have U.S. work authorization.
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.
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Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
Event of the Day
Bitcoin Nashville 2024 - 12 Hour All-Inclusive Pleb Party July 25, Hosted by Anders
This year, Swan Bitcoin is sponsoring the Pleb Party at 2024 Bitcoin Nashville on July 25th. The previous two Pleb Parties were the place to be, and a lot of connections were made, which made the conference itself an even better experience. Even Saylor showed up at the last party in Miami.
Confirmed guests for this Nashville 2024 Pleb Party include:
Lawrence Lepard
James Lavish
Preston Pysh
Robert Breedlove
Natalie Brunell
Mark Moss
The two brothers behind BTC Prague June 13-15, the largest Bitcoin Only event in Europe: Matyas and Martin
Tatum Turnup
The entire Simply Bitcoin crew: Sofi, Nico, Opti and Rustin
Publord
... come get a drink in the open bar VIP style and say cheers to these amazing Bitcoin producers!
This party is for Bitcoiners to meet for laughs, smiles, and hugs the evening before the conference. Many well-known Bitcoin names were there, and it was the plebs' opportunity to hang out and have an informal chat with these great minds in a way that is normally hard to achieve.
This is a BITCOIN ONLY event, and anyone shilling shitcoins or NFTs will be escorted out of the venue with no refund of tickets but with a few acronyms like GFY and HFSP.
More details here.
… And, don't miss this premier gathering in the heart of Nashville — a pivotal moment for enthusiasts and professionals driving the next wave of Bitcoin innovation!
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
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