Whether we like it or not, one of the biggest concerns people have with holding bitcoin and crypto assets is the worry they can be hacked.
I have seen many different teams try to solve this problem, but @itrustcapital just launched an interesting solution I have never seen before. - called Premium Custody Accounts.
They have an account to hold your crypto assets without the ability to withdraw the assets. Instead, you can only withdraw fiat to a regular bank account. This gives someone exposure to actual spot bitcoin, while also giving them the peace of mind that their bitcoin wonât be hacked or stolen.
I have partnered with iTrust for awhile so cool to see them launching this. It wonât be for everyone and that is okay â I love seeing innovation in the industry trying to solve problems for customers.
I used to have a spreadsheet where I kept track of my financial assets â cash account values, public stocks, bitcoin, fund investments, startup angel investments, real estate, and much more.
I had to manually update the spreadsheet whenever I wanted a recent understanding of my assets or net worth. This took way too much time and increased the odds of errors.
So my team and I decided to build a software product that automatically solved my problems.
This is why we built Silvia, an automated CFO focused on helping you grow your financial assets or investment portfolio.
You hook up with your bank accounts, brokerage accounts, crypto assets, and input your real estate, collectibles, precious metals, or private investments.
Silvia gets to work understanding your financial life and delivering different insights â she can tell you how much money you have, what your daily net worth changes are, and Silvia will answer complex questions like:
- What is my debt to equity ratio? - How will recent China tariffs impact my stocks? - How does my net worth compare to others like me? - How rich will I be in 10 years if my investments return 8% per year?
Silvia is the single most valuable piece of software I use every day for my financial life. It is built by investors, for investors.
The biggest middle finger @elonmusk could give to the establishment politicians hell bent on wasting taxpayer money would be to publicly buy billions of dollars of bitcoin.
If politicians had to personally read every page of a spending bill, they would instantly make them shorter and there would be less government spending as a result.
It is crazy that you can type out a few words on a supercomputer in your hand and send it out to millions of people in seconds and completely for free.
Some people are competing to collect as many depreciating dollars as possible, while others are competing to collect as many appreciating bitcoin as possible.