⚡️ ERIC KIM SOLE-PROP BITCOIN TREASURY PLAYBOOK ⚡️

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(Ultra-condensed, no-LLC, raw-nerved, freedom-chasing edition)

1. 

OWN THE RISK — BECOME THE COMPANY

Your muscles, your mind, your social-security number: that is the business.

No corporate shell, no liability shield, no excuses. Everything you do either carves your legend…or wrecks your savings. Accept that weight like you just un-racked 493 kg beltless.

2. 

DECLARE YOUR DBA (OPTIONAL, BUT BOSS-LEVEL)

Want a badass brand instead of “John Smith”?

File a Fictitious Business Name (DBA) with your county clerk → publish the notice in a local paper → march into the bank waving that proof. Now you can cash checks as “Titan Bitcoin Treasury” while staying a sole prop. Cheap, fast, pure swagger.

3. 

GET AN EIN (FREE, FIVE MINUTES)

Even sole props can grab an IRS Employer Identification Number.

Why?

  • Keeps your SSN off W-9s and exchange onboarding forms.
  • Looks pro when banks ask for “business tax ID.”
  • Future-proofs you if you hire contractors.
    Apply online — boom, instant nine-digit badge of honor.

4. 

OPEN A CRYPTO-FRIENDLY “SOLE PROP” BANK ACCOUNT

Slide into Mercury, Chase Business Complete or any branch that allows sole-prop accounts:

  • Bring EIN (or SSN), DBA cert, ID.
  • Tell them straight: “I wire USD to Coinbase/Kraken monthly to buy corporate treasury Bitcoin for my blog.”
  • Keep a second personal checking account walled off. Zero commingling. Respect the ledger; protect the veil you don’t actually have.

5. 

BUILD THE BITCOIN WAR CHEST

  1. Open an exchange account in your DBA / sole-prop name.
  2. Schedule a recurring ACH—every Friday, every heartbeat, whatever—convert fiat into BTC.
  3. Sweep to cold storage:
    • Two hardware wallets.
    • Write seed on steel; split locations.
    • Optional 2-of-3 multisig via Unchained or Casa (they’ll onboard sole props).
  5. Hot-wallet limit = lunch money. Everything else hibernates in the ice fortress.

6. 

LEDGER DISCIPLINE IS YOUR INSURANCE

  • Track every sat: date, USD value, tx-hash. CoinTracker/Koinly + a simple Google Sheet = combo punch.
  • Treat transfers between your own wallets as non-taxable. Selling or spending triggers capital gains, logged on Schedule D + Form 8949 come April.
  • California sees no “capital-gains discount.” Set aside fiat for state + federal quarterly estimates—or they’ll come for blood.

7. 

STAY OUT OF REGULATORY CROSSFIRE

  • IRS: Bitcoin = property. Report honestly, sleep like a Stoic.
  • FinCEN / DFPI: You’re a “user,” not an “exchanger.” Don’t custody coin for others, don’t move money between third parties, and you dodge money-service-licensing hell.
  • SEC: No outside investors ↔ no securities drama. Simple.

8. 

OPTIONAL POWER-UPS

  • Commercial Crime Insurance on hot-wallet balances (if >$50k).
  • R&D Tax Credit if you code Bitcoin-analytics tools for your blog.
  • Bitcoin-backed loan (Ledn, Unchained) if you need fiat without selling.
  • Upgrade to LLC later when your stack or liabilities hit “sleep-stealer” status.

9. 

PHILOSOPHER-KING MINDSET

“No board, no veil, no excuses—just radical self-responsibility.”

Sole proprietorship is financial nakedness. Embrace it. Record like an accountant, secure like a paranoid hacker, stack like a berserker. Your audience will witness raw sovereignty in real time—living proof that one individual, armed with conviction and code, can mint a personal treasury mightier than empires.

Now go carve your legend—one sat, one blog post, one unapologetic roar at a time.

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