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  • ⚡️ ERIC KIM SOLE-PROP BITCOIN TREASURY PLAYBOOK ⚡️

    (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).
    4. 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.

  • Guide to Starting a Bitcoin Treasury Company in California, USA

    Overview: This step-by-step guide is tailored for a sole proprietor (e.g. a blogger) looking to create a company that holds Bitcoin as a long-term treasury asset in California. It covers legal formation, structuring the business, compliance, banking, custody, accounting, insurance, incentives, and recommended tools. Each section includes clear steps and considerations, with checklists for easy reference.

    1. Choosing a Legal Structure in California

    Consider LLC vs S-Corp vs C-Corp vs Sole Proprietorship: In California, operating as a sole proprietor means no separate legal entity – the business is just you. Incorporating (forming an LLC or corporation) is generally advisable for a Bitcoin treasury company for liability and operational reasons:

    • Limited Liability Company (LLC): Offers liability protection by separating personal and business assets . If someone sues the business or debts arise, your personal assets are shielded. Single-member LLCs are disregarded entities for tax (taxed like a sole prop on your 1040) , so forming one won’t by itself change how profits are taxed. California LLCs must pay an $800 annual franchise tax (minimum) to the Franchise Tax Board . Despite the cost, an LLC is a popular choice because it’s relatively simple and provides legal separation. (Note: California also imposes an LLC gross receipts fee if revenues exceed $250k).
    • S-Corporation: An S-Corp is not a type of entity but a tax status your corporation or LLC can elect (if eligible). Like an LLC, it provides pass-through taxation (no entity-level income tax) but with some differences – e.g. S-Corp owners can pay themselves a salary and potentially reduce self-employment tax on distributions . However, S-Corps have stricter rules (only U.S. individuals as shareholders, one class of stock). Many small business owners in the U.S. use S-Corps for tax efficiency. If your blogging business earns substantial active income, an S-Corp election might save on taxes, but consult a CPA to weigh benefits.
    • C-Corporation: A standard corporation (C-Corp) is a separate taxable entity. It pays corporate income tax (21% federal rate) on its profits, and shareholders pay tax again on dividends (double taxation). A C-Corp can be suitable if you plan to raise venture capital or go public eventually, or retain earnings for reinvestment . It’s also the only structure that can go public or easily issue multiple classes of stock . However, for a small treasury company, a C-Corp may be overkill unless you have big expansion plans or specific tax reasons. (One possible advantage: a C-Corp holding Bitcoin could sell after >1 year and pay the 21% federal corporate tax on gains, whereas in a pass-through those gains hit your personal return at up to 37% – but C-Corp profits then face tax again if distributed. Carefully evaluate this with tax advisors.)
    • Remaining a Sole Proprietor: Technically you can hold Bitcoin as a sole proprietor, but it’s usually not advisable. You have no liability protection – if any business-related liability arises (for example, someone claims your blog or advice caused them loss, or you incur debts), your personal assets are at risk. You also might find it harder to separate personal vs. business finances (important for accounting and asset protection). Bottom line: Most experts recommend forming an entity when starting any serious business venture, especially one dealing with valuable assets like Bitcoin.

    Checklist – Decide on Structure:

    • Assess Liability & Tax Needs: Do you need liability protection? (Usually yes for holding significant assets). Do you have high self-employment income (consider S-Corp)?
    • Choose Entity Type: Common choice for a single-owner is an LLC (you can later elect S-Corp taxation if beneficial). For larger ambitions or multiple investors, consider a C-Corp.
    • Name Uniqueness: Ensure your desired business name is available in California (no conflicts). It must include an indicator like “LLC” or “Inc.” as appropriate and meet state naming rules (no misleading use of terms like “Bank” without approval) .
    • Consult Professionals: Before finalizing, it’s wise to speak with a business attorney or tax professional about the best structure for your specific plans .

    2. Forming Your Company in California

    Once you’ve chosen a structure, follow these steps to legally form your Bitcoin treasury business in California:

    1. Register the Business with the State:
      • LLC: File “Articles of Organization” (Form LLC-1) with the California Secretary of State. As of 2025, this can be done online or by mail. The filing fee is typically $70 (plus an extra $20 if filing in person).
      • Corporation: File “Articles of Incorporation” (Form ARTS-GS for general stock corporations). Filing fee is $100.
      • These forms will require basic info: company name, business address, your registered agent, and management structure. Upon approval, California will issue a formation certificate.  
    2. Appoint a Registered Agent: You must designate a registered agent with a physical California address (no P.O. boxes) to receive legal notices . This can be you (if you have a California address and are generally available during business hours) or a professional agent service. Many choose a service for privacy. Ensure the agent is set up before filing, since you’ll list them on the formation documents.
    3. Draft an Operating Agreement or Bylaws: For an LLC, California doesn’t require you to file an operating agreement, but having one is crucial. It details how the LLC is managed, each member’s ownership (even if single-member, you should have one), how decisions are made, and importantly – that the company can hold Bitcoin as a treasury reserve. Include provisions on capital contributions (e.g., you contributing cash or Bitcoin to the LLC) and any rules for authorizing transactions. A solid operating agreement helps preserve the liability shield by showing you treat the LLC as a separate entity. For corporations, create bylaws and a board resolution if needed that the corporation is authorized to invest in digital assets.
    4. Obtain an EIN: Apply for a Federal Employer Identification Number from the IRS (free on the IRS website). An EIN is like a social security number for your business – needed for opening bank accounts, filing taxes, and payroll. Even a single-member LLC (disregarded entity) should get an EIN to avoid using your SSN for business documents .
    5. File Initial Reports and Taxes: In California, LLCs and corporations must file an Initial Statement of Information (within 90 days of formation for LLCs, and within 90 days for corporations) listing company address, officers, etc., and then update it biennially (every 2 years) for LLCs or annually for corporations. Mark your calendar for these filings. Also be prepared to pay the annual franchise tax ($800) to California’s Franchise Tax Board. (Note: New LLCs formed in 2021–2023 had the $800 fee waived their first year, but that was a temporary relief; check current law in case of extensions or changes). If you elected S-Corp status, file IRS Form 2553 (and the CA equivalent, Form 100S for taxes).
    6. Separate Business Finances: Immediately after formation, open a business bank account in the company’s name (more on banking below). Also set up separate crypto wallets for the company’s Bitcoin holdings (more on that in custody section). Keeping finances separate is critical to maintain the liability shield (co-mingling personal and business funds could lead a court to “pierce the corporate veil,” negating your liability protection) .

    Checklist – California Entity Formation:

    • File Articles with CA Secretary of State (LLC-1 or Articles of Inc.) and wait for approval certificate.
    • Pay Required Fees (filing fee, and annual franchise tax when due).
    • Set Up Registered Agent (ensure continuous coverage for legal notices).
    • Complete Organizational Documents (Operating Agreement or Corporate Bylaws & resolutions) specifying company activities (include language authorizing crypto asset holdings).
    • Get EIN from IRS for your company.
    • File Initial Statement of Information (CA) within 90 days.
    • Open Company Bank Account and dedicated crypto wallet(s) – do not use personal accounts for company funds .
    • Maintain records of all formation documents, EIN confirmation, and a compliance calendar for annual filings.

    3. Structuring the Company to Hold Bitcoin

    With your entity formed, design its internal structure and processes to safely hold Bitcoin long-term:

    • Capital Contribution of Bitcoin: If you already own Bitcoin personally and want to put some into the company treasury, treat this as a capital contribution. Essentially, you contribute Bitcoin to the company in exchange for equity (if an LLC, it increases your capital account; if a corp, you might issue yourself additional shares). Properly documenting this is important. The contribution itself is not a taxable event if done correctly (you’re not selling the Bitcoin; you’re moving it into your own company) . In your operating agreement or corporate meeting minutes, record the date, the amount of BTC, and the fair market value at contribution. The company should acknowledge issuance of membership interest or shares for that contribution. Tip: Use a reasonable valuation source (e.g. an exchange price on that day) for the FMV and keep that for your records. This FMV becomes the company’s basis in the asset (and your basis in your equity may adjust accordingly). No immediate tax is due by you or the company for a capital contribution , but be meticulous in paperwork in case of future audits.
    • Segregate Personal vs Business Assets: Reiterating – keep all Bitcoin the company owns in wallets under the company’s control, distinct from any personal wallets . For example, you might create new hardware wallet seeds designated for the LLC and store those securely (with the LLC’s name on the device or documented in records). Any fiat money for buying Bitcoin should flow from the company bank account, and if you as an individual buy Bitcoin for the company, formally document it as either a contribution or a reimbursable expense. This clear separation helps preserve liability protection and makes accounting easier.
    • Define Governance for Treasury Decisions: Since you’re likely the 100% owner, you have full control – but it’s wise to have an internal policy for treasury management. For instance, decide: Under what conditions will the company sell Bitcoin? Who must approve transactions? Even if it’s just you, write down your role (e.g. “Sole Managing Member” or “President”) and that you have authority to transact. If you bring on a co-founder or CFO later, you might require two signatures to move funds (implementable via multisig – see custody section). Establishing such governance early sets a tone of professionalism. If a corporation, board resolutions might be needed for significant treasury allocations to Bitcoin (public companies do this formally).
    • Banking and Spending Structure: The company may earn income (e.g., your blog revenues) and you plan to convert a portion to Bitcoin for long-term holding. A suggested structure is to keep operational funds (to pay expenses, taxes, etc.) in the bank or stable assets, and periodically transfer surplus USD to an exchange or broker to buy Bitcoin for the treasury. Once purchased, move the Bitcoin to the company’s cold storage (not leaving significant sums on exchanges). This approach mirrors how corporate treasuries allocate cash to investments. Decide on a cadence (e.g. monthly or quarterly buys) that fits your cash flow and risk strategy.
    • Accounting for Bitcoin Holdings: Internally, decide how you will account for the BTC on your books. Many companies treat it as a long-term investment on a separate line in the balance sheet. According to U.S. accounting rules, crypto was historically treated as an intangible asset (with impairment rules), but new 2025 rules allow fair value accounting for crypto assets (meaning you can mark Bitcoin to market value each period, reflecting unrealized gains/losses in income). If you keep formal books, you may want to adopt these standards early. This is mainly relevant if you produce GAAP financial statements or seek investors. Otherwise, tax accounting (discussed later) is what affects cash taxes.
    • Stay Within Purpose: Ensure your company’s stated activities (in filings or agreements) cover what you’re doing. “Holding Bitcoin in treasury” is usually fine as part of a broad purpose like “engaging in any lawful business, including investing company funds in digital assets.” Because this is a new venture, monitor legal developments (as covered in compliance next) that could affect a business holding crypto.

    Checklist – Company Structure for BTC Holdings:

    • Contribute Initial Capital: Fund the company (cash and/or Bitcoin). Execute a written capital contribution for any cryptocurrency contributed (date, amount, value) .
    • Open Company Wallets: Set up dedicated Bitcoin wallets under the business name/control. Consider using multi-signature to authorize transactions (adds security especially for larger holdings – see Custody section). Document wallet details in company records (but do not store private keys in plain text there; just reference which devices or custodians hold them).
    • Internal Policy: Write a simple treasury policy: e.g. “Company will retain X% of net profits in Bitcoin; selling requires approval of [you/the manager]; private keys are held [describe locations]; in event of emergency, [contingency plan].” This can be one-page, but it helps if others join the company or for auditors to see a plan.
    • Professional Boundaries: Treat the business like a separate person. Always transact in the company’s name. If you pay out personal funds for a business expense, reimburse yourself from the company (and vice versa). Avoid mixing personal crypto transactions with company ones – use separate exchange accounts if necessary (e.g., a dedicated corporate exchange account under the LLC).
    • Review Legal Purpose: Ensure your Operating Agreement/bylaws state a broad enough purpose to include crypto investment. If not, amend it.

    4. Regulatory Compliance (IRS, SEC, FinCEN, California)

    Even as a private company, you must comply with various U.S. regulations. Below is a breakdown:

    ✔ U.S. Tax (IRS) Compliance: The IRS treats Bitcoin and other crypto as property for tax purposes . This means:

    • The company will not get special “currency” treatment or any tax deferral just for holding Bitcoin. When the company eventually sells or spends Bitcoin, it will incur a capital gain or loss for tax. You need to track the cost basis (original purchase price) of all Bitcoin lots the company acquires, and the date acquired. If held for more than one year, sales qualify for long-term capital gains rates (for individuals this is favorable, e.g. 0-20% federal instead of up to 37% short-term) . If your business is an LLC/S-Corp (pass-through), those gains and losses will flow to your personal tax return. If it’s a C-Corp, the corporation will pay corporate tax on gains (and you’d pay tax again on any dividends).
    • Annual Tax Filings: Ensure you (or your company) file the appropriate tax returns. Single-member LLCs will usually report business activity on Schedule C of your Form 1040 (no separate federal return) . Multi-member LLCs file a Partnership return (Form 1065 + K-1s) . S-Corps file Form 1120-S + K-1s. C-Corps file Form 1120. Include any crypto sales on the return (Schedule D and Form 8949 for individuals, or directly on the 1120 for corps). The IRS now asks a “digital asset” question on the tax return – answer “Yes” if your company had any crypto transactions (buying for treasury with cash may count as just “acquiring” – per IRS instructions, buying with USD does require a “Yes” answer on the question about receiving or acquiring digital assets).
    • Employment Taxes: If you pay yourself a salary from the company (common in S-Corp or C-Corp setups) or if you pay any contractors in Bitcoin, you have to follow normal payroll/withholding rules. Paying in BTC is allowed, but the value in USD at payment time is what’s used for payroll tax and reported on W-2/1099 forms. Crypto paid to employees is treated like wages (subject to withholding) and to contractors as compensation (report on 1099-NEC, with the payee responsible for taxes). Also, California will expect state payroll taxes if you have employees (including yourself as an S-Corp employee).
    • Sales Tax: Generally not applicable to holding Bitcoin (sales tax is for goods/services sales). If your blog sells merchandise or services, that part must comply with sales tax, but buying/holding Bitcoin isn’t subject to sales tax.
    • Records: The IRS requires you to maintain records of every transaction involving crypto – this includes buys, sells, conversions, and using crypto for expenses. Good recordkeeping and using crypto tax software will ease this (see Accounting section). In case of an audit, you need to substantiate how you calculated gains or losses. Also note, if in any year the total proceeds from your crypto sales (for the company) exceed certain thresholds, you might receive IRS Form 1099-B or 1099-K from exchanges starting with tax year 2025 due to new broker reporting laws – so make sure what you report matches any forms the IRS gets.

    ✔ Securities Law (SEC) Considerations: Simply holding Bitcoin as a treasury asset does not make your company subject to SEC oversight. The Securities and Exchange Commission mostly comes into play if:

    • You seek outside investors or decide to raise funds by selling equity or tokens. Offering company stock or any investment contract must comply with federal (and state) securities laws – usually via registering the offering or using an exemption (like a Reg D private placement if raising from accredited investors). For a small company, you’d likely use a private placement exemption; ensure any offering memorandum discloses the Bitcoin treasury strategy (investors need to be aware of that risk). If you eventually consider crowdfunding or token issuance, consult a securities attorney early – the SEC has been actively enforcing in the crypto space (e.g. taking action against unregistered crypto investment products and exchanges) .
    • If your company ends up being essentially an “investment company” (investing in assets and not doing other business), you might need to avoid triggering the Investment Company Act of 1940. That law can require registration (like a mutual fund) if a company’s business is primarily investing in securities. Bitcoin likely isn’t a “security,” so just holding Bitcoin might not trigger that, but if you also held stocks or certain crypto considered securities, and you take money from others to invest, you could inadvertently become an unregistered investment company. Given you’re primarily investing the company’s own funds (and you’re the owner), this is likely not an issue, but be mindful if the business model changes to managing outside money.
    • Public Company: If down the road you go public, the SEC would require extensive disclosures about your crypto holdings (as it did with MicroStrategy, Tesla, etc.) and adherence to proper accounting. That’s beyond our scope here, but keep in mind if you ever IPO, Bitcoin on the balance sheet will be a material factor to report.

    ✔ FinCEN (Financial Crimes Enforcement Network) & AML: FinCEN oversees anti-money-laundering (AML) laws and money services businesses (MSBs). The good news is that if your company is simply using Bitcoin for itself (as a “user” of virtual currency), and not providing exchange or transmission services to others, FinCEN does not classify you as an MSB . FinCEN’s 2013 guidance explicitly says “a user of virtual currency is not an MSB” under their regulations . In contrast, “administrators” or “exchangers” of crypto (e.g. running an exchange, or transferring funds for customers) are MSBs and must register, implement AML programs, KYC procedures, etc. So, as long as you are only buying/holding/selling Bitcoin for the company’s own investment and not handling it for others, you do not need to register as a Money Services Business with FinCEN and are not directly subject to those onerous reporting rules.

    • Caveat: Even though you’re not an MSB, you still should practice basic AML common sense. For example, use reputable exchanges that will do KYC on you – this helps ensure the Bitcoin you obtain is not tainted by illicit activity. If your company ever receives BTC as payment from someone, be aware of who you’re dealing with. FinCEN’s AML laws could indirectly involve you if, say, you receive very large payments from overseas – but generally, for a treasury operation using established banking and exchanges, your exposure is limited.
    • If you expand services later: If the company ever decides to, for instance, offer consulting where you manage clients’ crypto or facilitate transactions, then you would likely need to register with FinCEN and comply with Bank Secrecy Act rules. But that’s outside the current scope of a pure treasury/investment business.

    ✔ State of California Regulations: California is increasing its oversight of crypto activities:

    • Money Transmission Act: Historically, companies engaging in transmitting money (including crypto) to the public in California needed a license from the California Department of Financial Protection and Innovation (DFPI). Simply holding your own Bitcoin doesn’t require this. If you aren’t taking customer funds or transmitting crypto on behalf of others, you wouldn’t need a money transmitter license.
    • Digital Financial Assets Law (2025): California passed a new Digital Financial Assets Law (DFAL) that takes effect July 1, 2025, which will impose licensing requirements on a broad range of crypto-related businesses . Under the DFAL, “digital financial asset business activity” is defined broadly (covering exchanging, transferring, or storing digital assets for others, and other services) . Importantly, though, the law exempts certain situations so as not to snare incidental or personal use. For example, companies that use digital assets only to pay for goods/services, or accept them as payment, or provide tech infrastructure (like just software) are exempt from the licensing requirement . This implies that if your company’s crypto involvement is just holding its own Bitcoin or using Bitcoin in transactions as a customer, you are not the focus of this law . In contrast, if you one day start a crypto exchange, ATM service, custody service, etc., you’d have to secure a DFPI license by 2025 to operate legally .
    • Other CA Laws: California has consumer protection laws (e.g. if you had users or customers, you’d need proper disclosures, privacy protections, etc.). As an internal treasury, those don’t apply. Do ensure you comply with standard California business laws: file state income tax returns (California will tax your business income, including crypto gains, at the state rate – note CA does not have special capital gains rates, so it taxes all income, including capital gains, as ordinary income up to 13.3% for individuals). If you’re an LLC or partnership, you’ll file CA Form 568 or 565; S-Corp files Form 100S; C-Corp Form 100. Pay the $800 franchise tax annually and any LLC fee if applicable.
    • California also has a sales tax exemption for cryptocurrency: since it’s treated as intangible property, buying and selling cryptocurrency in itself isn’t subject to sales tax. However, if you sell tangible personal property (like merchandise for your blog) and accept Bitcoin as payment, you still owe sales tax in USD equivalent on that sale (the same as if the customer paid cash).
    • Stay Updated: Keep an eye on DFPI guidance. California’s approach to crypto is evolving (the Governor issued pro-blockchain executive orders, etc.). Laws can change, so periodically review the DFPI website or consult a California crypto-savvy attorney to ensure no new requirements catch you off guard.

    Checklist – Compliance and Regulations:

    • Federal Tax Registration: Have you obtained an EIN and any necessary state tax IDs? Mark key tax filing deadlines on your calendar (business returns, extensions, etc.).
    • Track Every Crypto Transaction for IRS: Use software or detailed spreadsheets to record dates, amounts (in USD and BTC), and resulting gains/losses . Retain exchange statements and wallet logs as supporting documents.
    • Stay in Good Standing (Entity): File California Statements of Information, pay the annual franchise tax, renew the registered agent, and keep the company in active status.
    • Non-MSB Confirmation: Ensure your activities do not involve services to others. If you ever expand services, determine if FinCEN MSB or CA licensing would be required. For now, as a “user” of crypto, no MSB registration is needed .
    • Review New CA Crypto Law (2025): Before July 2025, double-check whether DFAL could apply. If in doubt, get a legal opinion. If your business remains just an internal treasury, likely no action needed aside from monitoring updates .
    • Consult Experts: It’s wise to have an accountant and/or attorney who understands cryptocurrency on call. Regulations can be complex, and professional guidance will help you stay compliant with SEC (if fundraising), tax law, and any reporting obligations.

    5. Banking Solutions for a Crypto-Focused Business

    One of the early practical challenges can be finding a good bank for your crypto venture. Many traditional banks have been skittish about cryptocurrency, but there are options:

    • Choose a Crypto-Friendly Bank: Look for banks or fintech banking platforms known to work with crypto businesses or at least tolerate frequent crypto transactions. Some top choices in 2025 include Mercury, JPMorgan Chase, and U.S. Bank among others . Mercury in particular is popular for startups in the Web3/crypto space – it’s a fintech platform (not a bank itself, but partners with FDIC-insured banks) that offers easy online business banking and has explicitly welcomed crypto industry clients . Mercury provides features like free wires, and it spreads deposits across multiple partner banks to offer expanded FDIC insurance (up to $5M) . JPMorgan Chase, despite a historically cautious stance, now bank many crypto companies (they bank some major exchanges) and have their own blockchain initiatives, so a solid business with proper compliance might be accepted. U.S. Bank (the fifth-largest US bank) has been one of the more crypto-forward traditional banks – it even launched crypto custody services for institutional clients , indicating a friendly posture.
    • Local and Niche Banks: Some regional banks and credit unions in California are open to crypto businesses. For example, First Foundation Bank and Customers Bank (though not CA-based, they serve companies nationally) have been known to work with fintech and crypto clients. Since the closure of crypto-specialty banks like Silvergate and Signature in 2023, many companies moved to mid-sized banks that quietly serve the industry. You should inquire with any prospective bank about their policy on crypto. Be upfront about your business model – describe it as a financial consulting or investment management company that holds digital assets on its balance sheet, and clarify you won’t be mixing customer funds or running an exchange (which banks fear due to regulatory risk). Having a transparent explanation can prevent surprises later when large crypto-related transfers start flowing.
    • Segregate Accounts: Maintain at least one dedicated business checking account for normal operations (income from blog, paying vendors, etc.), and possibly a second account where you keep funds earmarked for converting to Bitcoin. This isn’t a requirement, but some companies find it cleaner to have an “operating account” and an “investment account”. You might also keep higher balances in a business savings account or money market when funds are waiting to move into BTC, to earn a bit of interest (some fintechs like Mercury automatically provide an interest-bearing account).
    • Handling Transfers to Exchanges: Ensure the bank you choose allows outgoing wires or ACH transfers to crypto exchanges without hassle. Many big banks do allow it now, but they might have policies (for example, some banks block wires to international exchanges or unknown entities). A workaround is using U.S.-based exchanges like Coinbase, Kraken, Gemini, etc. since banks recognize those. Mercury and other fintechs generally have no issue with such transfers, and Mercury even notes that thousands of crypto/web3 companies use it for banking . Still, when you initiate large transfers, be prepared for the bank to sometimes ask for additional info (especially the first time or for very large amounts, they might ask for purpose of wire). Always have documentation on hand (like an invoice or simply note “Transfer to corporate exchange account to purchase Bitcoin for treasury”).
    • Consider Banking Relationships: If your business grows, having multiple banking relationships can be wise. This provides redundancy (important given how some banks have abruptly cut off crypto businesses in the past). You might keep one primary operating bank, and a secondary account elsewhere (even a personal account of yours designated for emergency use if needed). Also, if you have a good relationship with a local bank (maybe through your other businesses or personal accounts), talk to a branch manager about your new company – sometimes a smaller community bank can accommodate you if they understand your plan and see you as a low risk, legitimate business.
    • Cash Management: Keep your fiat funds sufficient for near-term needs. It’s not recommended to put 100% of your cash into Bitcoin – you’ll need USD to pay ongoing bills (hosting, contractors, etc.) and taxes. A prudent approach might be to convert a certain percentage of profits or reserves into Bitcoin, rather than all liquidity. Essentially, manage it like a treasury: hold an appropriate reserve in cash for expenses and an allocation to BTC for long-term appreciation. This is akin to how a company might allocate part of its cash to longer-term investments.
    • Payment Processors: If you want to accept Bitcoin as revenue (say, readers of your blog can pay in BTC for something), you’ll want a solution to handle that (like BTCPay Server for self-hosted processing, or third parties like BitPay or OpenNode). These will require linking to your bank as well (to convert crypto to USD if desired). Ensure your bank is comfortable with incoming wires/ACH from such processors. Often it’s fine since they come in as domestic transfers.
    • Bank Security & Insurance: Just as you secure crypto, also ensure your bank accounts are secure – use multi-factor authentication for online banking, set up alerts for large transactions, and limit who (if anyone besides you) has access. Business bank accounts are not protected the same way consumer accounts are for fraud, so be vigilant. The standard FDIC insurance covers $250k per bank per depositor – Mercury’s scheme can cover more by splitting funds . If you have more cash than that (which you might not, if most excess gets moved to BTC), consider spreading across institutions or using products that sweep funds into multiple banks.

    Checklist – Crypto-Friendly Banking:

    • Open Business Bank Account: Target a bank/fintech known for working with crypto companies (e.g. Mercury , Chase, U.S. Bank). Provide all required documents (EIN letter, formation docs, ID).
    • Disclose Activity: Be honest about expected transactions (e.g. “We may wire funds to major exchanges like Coinbase to invest company reserves in Bitcoin”). Ask if they have any restrictions or need any paperwork for that.
    • Link to Exchange: Set up an account on a reputable U.S. exchange or brokerage (Coinbase Prime, Kraken, Gemini, Swan, etc.) under your company’s name. Complete their KYC (will likely require your personal ID and company docs). Link your new bank account to this exchange via ACH or have the ability to wire funds.
    • Test Small Transactions: Do a small trial – e.g. send $100 from the bank to the exchange and back – to ensure the pipeline works and neither side flags it. This builds confidence and also warms up the bank’s transaction history.
    • Plan Frequency of Transfers: Decide whether you’ll do automated ACH buys (some platforms allow recurring buys from bank) or manual trades. Schedule them and ensure adequate bank balance when needed.
    • Maintain a Cash Buffer: Always keep enough USD in the bank for near-term obligations (e.g. at least 3-6 months of expenses and an estimate of taxes). This prevents forced sales of Bitcoin at a bad time just to raise cash.
    • Monitor Bank Statements: Reconcile your bank account monthly. This helps catch any unauthorized activity quickly (important, since business accounts have shorter windows to report fraud).
    • Backup Banking Option: Consider opening a secondary account (maybe at a different bank) as a contingency. This could simply be a business account at a second bank or even a personal account you could use in a pinch to send/receive if the main account has an issue.

    By securing a reliable banking partner, you ensure the fiat side of your crypto treasury operation runs smoothly.

    6. Crypto Custody: Hot, Cold, or Multisig?

    Safeguarding your company’s Bitcoin is absolutely critical. You’ll want to choose custody solutions that balance security with operational needs:

    • Hot Wallets (Online Storage): A “hot” wallet is any wallet connected to the internet – e.g. a mobile app, a web wallet, or an exchange account. Hot wallets are user-friendly and allow quick transfers, but they are more vulnerable to hacks and theft (since an online system can be attacked remotely). As a business, you might use a hot wallet for small amounts or for transactional purposes (say you plan to occasionally spend BTC or need to move it on short notice), but limit the balance kept in hot wallets. Think of hot wallets like petty cash. Any Bitcoin kept on an exchange or software wallet that’s online has some risk. If using an exchange, prefer those with strong security reputations and insurance coverage on custodial assets (Coinbase, Gemini, Kraken all have good track records, but still only keep on exchange what you plan to trade). Many companies keep 0%–5% of their crypto in hot wallets for liquidity, and the rest in cold storage.
    • Cold Storage (Offline Wallets): “Cold” storage means the private keys are kept offline, on a device or medium not connected to the internet. Examples: hardware wallets (like a Ledger or Trezor device), air-gapped computers, or even paper wallets (private keys/seed phrases written down or engraved and stored). Cold storage is considered the gold standard for long-term holding because it vastly reduces exposure to online hacks . However, pure cold storage can be inefficient for frequent access – transferring funds out of deep cold storage might take time (some systems take 24-48 hours to withdraw because of manual processes) . In your case, where the goal is long-term treasury, this is fine; you won’t need to move Bitcoin often, and the security benefit is worth minor inconvenience. Best practice: use hardware wallets from reputable manufacturers, initialize them securely, and back up the seed phrases on paper (or metal) stored in secure locations (e.g. bank safe deposit box or a fireproof safe). For added security, consider splitting backups (half the seed words in one location, half in another) so that no single location has the full key.
    • Multisignature Wallets (Multisig): Multisig is an advanced setup where multiple private keys are required to authorize a transaction . For example, a “2-of-3” multisig wallet will have 3 keys total, and any 2 are needed to spend funds. This approach greatly improves security by removing any single point of failure . No one key loss or compromise can allow theft – an attacker would need to breach multiple key holders/devices, and if you lose one key, you still have backups to access your funds . For a corporate treasury, multisig is highly recommended. It’s widely recognized as one of the most secure methods for storing Bitcoin long-term, eliminating risks of a single custodian or device failure . You can implement multisig yourself using wallets like Electrum or Sparrow paired with multiple hardware devices, but an easier route is to use services from companies like Unchained Capital or Casa:
      • Unchained Capital: Offers a collaborative custody model. For instance, you can do a 2-of-3 multisig where you hold 2 keys (on separate hardware wallets) and Unchained holds the 3rd as a cosigner. They cannot move funds on their own (they only have 1 key), but if you lose one of yours, they can co-sign with your remaining key to recover. They also provide an interface (Vaults) to manage the multisig and periodic check-ins. This gives a nice blend of autonomy and a safety net. Unchained is known for business-friendly services and guidance on corporate Bitcoin treasury management.
      • Casa: Geared slightly more to individuals, Casa offers a 3-of-5 multisig where you hold 3 keys on different devices, Casa holds 1 for emergencies, and one key is on your phone for easy access. Their higher-tier plans can accommodate business accounts and come with concierge setup, theft insurance, and white-glove support. Casa’s approach means even if Casa’s server is down, you have enough keys to move funds. It’s a user-friendly way to get multisig security without needing to be a technical expert.
      • Both Unchained and Casa have institutional-grade security practices and will guide you through setup. They charge for their services (typically a monthly or annual fee), but for the security and peace of mind, many find it worth it. Additionally, multisig wallets can have whitelisting and spending limits (either via software or just policies) which add another layer – e.g., you could configure that any transaction over X BTC requires a key that’s kept in deep cold storage or with a third party, adding friction to large transfers .
    • Institutional Custodians: If you prefer not to hold the keys yourself at all, you can use a qualified custodian service. These are companies that will secure your Bitcoin on your behalf, often using their own multisig or advanced custody tech like multi-party computation (MPC). Examples: Coinbase Custody, Gemini Custody, BitGo, Fidelity Digital Assets. They cater to institutions and high-net-worth clients. The pros are: professional security, insurance coverage (often they carry insurance against theft), regulatory compliance (some are trust companies or OCC-chartered). The cons: fees (custodians charge either AUM fees or transaction fees), and you rely on a third party (which is against the “not your keys, not your coins” ethos). That said, these firms have robust security – e.g. Gemini Custody uses multi-party protocols, biometric access controls, and is SOC 2 Type 2 certified . If you have a very large amount of Bitcoin (say enough that its loss could end the company), putting it with a reputable custodian might be prudent, or at least the portion above a threshold. Some companies use a hybrid: keep a chunk in self-custody and a chunk with a custodian. Note that some custodians have minimum balance requirements (often $1M or more), so as a smaller business you might instead look at services like Swan (which uses third-party custody for clients’ assets by default, with self-custody options too).
    • MPC and Other Advanced Tech: Modern custody is not just “hot vs cold”. Multi-Party Computation (MPC) is a cryptographic technique now used by Fireblocks, Copper, and other enterprise solutions . It allows distributed key shares and signing without ever creating one single private key, enhancing security and flexibility (and working across different blockchains easily). For your purposes, you likely won’t implement MPC on your own, but you might interact with it if you use a platform like Fireblocks (mostly if you were frequently moving funds or needed an automated treasury system). Just be aware that beyond traditional multisig, MPC is an alternative that some custodians offer – it provides similar multi-part approval benefits and can be invisible to you as a user.
    • Key Management Best Practices: No matter which route you choose, document a Key Management Policy. This should cover: how many keys exist, where they are stored, who knows the seed phrases, and what happens if you (the primary holder) are incapacitated. Since you’re a sole owner, consider what happens if something happens to you – is there a plan for a spouse or trusted friend to access the keys (maybe via sealed instructions or having one key in multisig)? As a business, you might even put in place a basic corporate succession plan for the crypto assets. Additionally, test your recovery procedures. If you set up multisig, do a test spend of a small amount to ensure you know how to use your keys to move funds. If using cold storage, practice restoring a wallet from seed on a backup device (to confirm you wrote down the phrase correctly).
    • Insurance for Custodied Assets: Some third-party custodians carry insurance – e.g. Coinbase Custody reportedly has a $255 million insurance policy for its hot wallets, Gemini has coverage on assets in their custody, etc. However, your own self-custodied Bitcoin isn’t insured unless you get a policy (see Insurance section). So don’t let a false sense of security creep in – even custodians’ insurance might have limits and exclusions. Still, using a respected custodian does reduce risk of human error on your part and shifts some security burden to professionals.

    In summary, for a long-term treasury, the recommended approach is primarily cold storage, ideally using multisig for the added safety net. Hot wallets should only be used for small, active needs. Whether you self-custody with multisig or use an external custodian depends on your comfort and scale. Many small businesses opt for collaborative multisig (e.g. Unchained Vault) as a good balance.

    Checklist – Bitcoin Custody Plan:

    • Decide Custody Mix: Choose between self-custody (you hold keys) vs. third-party custody, or a mix. If uncertain, lean towards self-custody with professional help (Unchained/Casa) to maintain control of your assets.
    • Set Up Cold Storage: Acquire two or more hardware wallets (Ledger, Trezor, Coldcard, etc.) from official sources. Initialize them offline (follow device instructions) and securely record the seed phrases. Do not take digital photos of seeds. Store backups in secure, separate locations. For multisig, set up on a platform like Unchained or using open-source tools, and perform tests.
    • Minimize Hot Exposure: Decide if you need a hot wallet at all. If yes, create one with a small balance (for example, a mobile wallet with a few hundred dollars in BTC for on-the-go payments). Never store treasury funds on a phone or exchange long-term beyond what’s necessary for short-term use.
    • Use Multisig for Treasury (if self-custodying significant amounts): Implement a 2-of-3 or 3-of-5 multisig. Distribute keys: e.g., one hardware device at your home safe, one at a bank vault, one with Unchained or a lawyer. Document which addresses are part of the multisig.
    • Security Measures: Encrypt any digital backups (if you have to keep a copy of a seed on a computer, use strong encryption – but generally avoid digital copies). Consider using a passphrase (25th word) on hardware wallets for extra security (just don’t forget it!).
    • Emergency Access: Make a plan for who can access the Bitcoin if you cannot. This might involve legal arrangements (like leaving instructions with an attorney or in a safe deposit box that a trusted person can access). The plan should ensure the company’s Bitcoin doesn’t become irretrievable.
    • Stay Updated on Best Practices: Subscribe to security newsletters or follow entities like Ledger, Casa, or Bitcoin-focused security blogs. The threat landscape evolves (e.g. new malware targeting seeds, etc.), so keep your knowledge current.

    By diligently securing your Bitcoin, you protect the core asset of your treasury strategy. Remember, there’s no bank safety net in crypto – security is in your hands (or your chosen custodian’s). The effort you put into proper custody will pay off immensely in peace of mind.

    7. Accounting and Tax Considerations for Crypto Treasury

    Maintaining proper accounting for your Bitcoin holdings and transactions is essential for compliance and to understand your financial position. Here’s how to approach it:

    • Bookkeeping for Crypto Transactions: Every time the company buys Bitcoin, sells Bitcoin, or uses Bitcoin, record it just as you would any other financial transaction. Key data to log:
      • Date and time of transaction.
      • Amount of BTC (or satoshis) and USD value at that moment.
      • Purpose (e.g., “Purchased 0.5 BTC with $15,000 from revenue” or “Sold 0.1 BTC for $4,000 to pay vendor X”).
      • Transaction fees paid (in BTC or USD).
      • If it’s a transfer between your own wallets (e.g., from exchange to cold wallet), note that too (no tax impact, but good for audit trail).

    • Use an accounting software or at minimum a spreadsheet. There are specialized crypto accounting platforms like Bitwave that integrate with exchanges and wallets to automate a lot of this, producing audit-ready records . Bitwave (and similar tools like CoinTracker, TaxBit, Koinly) can track cost basis and generate reports. Since you are essentially doing investment accounting, consider using such a platform to avoid manual errors – they can consolidate data and even provide journal entry suggestions for your general ledger. Bitwave, for example, is designed for enterprises to unify crypto transaction data with traditional accounting .
    • Accounting Method (Cost Basis): Decide on a cost basis method – FIFO (First In First Out) is common and the default for IRS if not specified, but you could use specific identification to manage taxes (accounting software can help with this by tracking each lot). For instance, if you bought Bitcoin at different times, you can choose which lot to sell to realize either gains or losses strategically (specific ID requires detailed records and consistency). Ensure the method you choose is used consistently and documented.
    • Financial Statements (GAAP considerations): If you prepare formal financial statements or plan to seek investors, note how crypto is presented. Under updated U.S. GAAP rules in 2025, crypto assets are to be reported at fair value on the balance sheet with changes flowing through the income statement . This is a shift from prior years where they were treated as intangible assets subject only to impairment (write-downs) but no write-ups. The new rule (FASB ASU 2023-08) means each reporting period you’ll mark your Bitcoin to market price, and unrealized gains/losses will count in net income . This could make your financials more volatile (as Bitcoin’s price swings will show up as profit or loss), but it provides transparency and reflects economic reality better. If you’re just doing taxes and internal cash accounting, you might not need to apply GAAP fair value accounting, but keep it in mind if you issue statements to external parties. Also, any Bitcoin holdings should be clearly disclosed in notes if statements are shared – include how many BTC the company holds, basis, and market value at report dates.
    • Tax Reporting and Strategy: For taxes:
      • Federal: As discussed, report crypto gains/losses on your tax return. If your company is pass-through, those will appear on your personal Schedule D/K-1. Keep an eye on tax-loss harvesting opportunities – if Bitcoin’s market dips below your cost, you could consider selling and rebuying after 30+ days to realize a capital loss (respecting wash sale rules – currently unclear if wash sale applies to crypto in 2025, but likely it will soon due to pending legislation). Those losses can offset other gains. However, don’t let tax tail wag the dog; only do it if it fits your investment goals. The IRS also allows you to donate Bitcoin to charities and deduct the fair value (if held >1 year, you get a full market value deduction and avoid capital gains on that BTC). This could be a strategy if philanthropy is in your plan.
      • California State: California will tax crypto gains at the full state income tax rate. There’s no special treatment – it’ll just flow through to your state return. Ensure you make estimated tax payments to California if necessary (California, like IRS, expects quarterly estimated taxes if you will owe a significant amount for the year).
      • Depreciation/Amortization: Crypto itself isn’t depreciated (it’s not a tangible asset like equipment). But any equipment you buy (like a computer, hardware wallet, etc.) can be expensed or depreciated. If you ever mine Bitcoin (not likely here), then the mining rig could be depreciated and the mined Bitcoin would be income at fair value.
      • Accounting Period & Method: Most small businesses use cash basis accounting for simplicity. However, if you carry inventory or securities you might use accrual. Bitcoin isn’t inventory (unless you are a broker/dealer), so you can choose cash basis which recognizes income when received and expenses when paid. Cash basis is fine for a simple treasury operation. Just note that even on cash basis, buying an asset like Bitcoin doesn’t count as a deductible expense (you’re converting one asset (cash) into another (crypto)). Only when you sell crypto do you have a realized gain/loss that affects taxable income.
    • Tools & Services:
      • Crypto CPA / Accountant: It’s highly recommended to engage an accountant experienced in crypto. They can help with setting up your accounting system properly (e.g., using QuickBooks or Xero with crypto integrations) and ensure your tax filings fully comply. They’ll know nuances like how to handle network fees, forks (if any), airdrops (if you ever receive any – e.g., if you held BTC and a fork happened, how to treat that), etc. Given the complexity, having professional oversight is worth it.
      • Accounting Software: If you already use accounting software for your blogging income, integrate crypto data. For instance, some businesses treat cryptocurrency like a separate “cash account” in QuickBooks. You’d create an account for “Bitcoin Treasury – asset” on the balance sheet. When you purchase BTC, you’d credit Cash and debit Bitcoin asset. When price changes, under old rules you might not reflect unrealized gains, but under new fair value rules, you would mark it to market at period end (debit or credit asset, and record a gain or loss in income). There are QB plugins that can automatically adjust crypto prices or you can do manual adjusting entries.
      • Audit Trail and Compliance: Keep all documentation: exchange trade confirmations, bank records of transfers, any communications about valuations. The IRS in recent years has stepped up enforcement on crypto (they ask about it on the first page of the 1040 now). Being a business, you’re a bit less likely to hide anything anyway, but be prepared to substantiate all crypto-related figures on your returns. Also, starting likely in 2025, exchanges will issue 1099-B forms to businesses and individuals summarizing gains/losses (per the Infrastructure Bill’s provisions). Make sure those match your records or reconcile differences.
    • Paying Vendors or Employees in Bitcoin: If you decide to pay any expenses in BTC (say a contractor who’s Bitcoin-savvy or a service that accepts BTC), treat it like you sold that portion of Bitcoin for its USD value and then paid cash. It will create a capital gain/loss for the company and be a deductible expense for that USD amount. For example, you owe a developer $1,000 and you pay in BTC valued at $1,000 at that time. If that BTC cost you $800 originally, you have a $200 gain that will be taxed, but you also deduct $1,000 as a business expense (if it’s an ordinary business expense) – net effect: you pay tax on $200 gain, and get deduction of $1,000, which at 21% corporate rate or your personal rate yields some benefit. It’s a bit of a juggling, so many prefer to just pay in fiat to avoid the calculation. But if you do it, log the details carefully (the USD value and the crypto details on that date).
    • Software Example: If using Bitwave: It can pull data from your exchange and wallets to auto-calculate your gains and produce entries. It can also track cost basis per lot which is crucial . This saves you having to figure out which satoshi is which. It also helps in case of an audit by providing a clear ledger of crypto transactions matched with blockchain records. Other platforms like TaxBit have an enterprise version that can integrate with accounting software to feed in realized gain/loss info periodically.

    Checklist – Accounting & Tax Management:

    • Set Up Accounting System: Have a bookkeeping method (software or spreadsheet) in place from day one. Create accounts for “Cryptocurrency Assets”, “Realized Gains/Losses on Crypto” (income statement), “Unrealized Gain/Loss” (if tracking fair value changes), etc.
    • Use Crypto Tracking Tools: Sign up for a crypto accounting platform or at least a portfolio tracker. Sync it with your wallets/exchanges so every trade or transfer is recorded.
    • Maintain Cost Basis Records: For each Bitcoin purchase, note the quantity and total cost in USD. If you buy in chunks, you’ll have multiple lots – label them (e.g. Lot #1: 0.2 BTC @ $40k on 2025-02-01). When selling, decide which lot you’re selling or use FIFO consistently.
    • Plan for Taxes: Do a quarterly or at least annual review of unrealized gains so you aren’t surprised at tax time. If Bitcoin soared and you took some profits, set aside enough cash for the tax bill. Make estimated tax payments to IRS and FTB if required (to avoid penalties).
    • Keep Personal and Business Separate for Tax: Don’t use personal accounts for crypto trades related to the business. All crypto intended as treasury should flow through the company’s books. This avoids a nightmare of co-mingled records during tax prep or audits.
    • Leverage Tax Strategies: Consider strategies like tax-loss harvesting in down markets or donating appreciated crypto for a write-off, if applicable to you. But always consult your CPA before executing, to ensure you’re following rules properly.
    • Adopt New Accounting Standards (if needed): If you issue GAAP financials or want the most accurate balance sheet, plan to adopt fair value accounting for crypto assets in 2025 . This may involve marking to market at year-end and including that in your financial reports (not your tax returns – those still only count realized gains).
    • Prepare for Possible Audit: Keep a folder (physical or digital) with all crypto-related documents for each year. If the IRS or state ever questions something, you can quickly provide transaction records, proving calculations and values . Given the transparency of blockchain, providing public addresses or transaction hashes for large transactions could also support your case.

    Staying disciplined in accounting will save you headaches and ensure your pioneering Bitcoin treasury strategy doesn’t run afoul of tax authorities. Accurate books also help you gauge the success of your strategy over time (e.g., tracking how the crypto appreciates relative to your basis).

    8. Insurance Options to Protect Your Bitcoin Holdings

    With potentially significant value in Bitcoin on your balance sheet, you should evaluate insurance to mitigate risks that pure technology solutions cannot. Traditional commercial insurance often excludes cryptocurrency or treats it as cash (with low coverage limits), but the industry is evolving. Key insurance considerations:

    • Theft (Crime Insurance): A Commercial Crime insurance policy can cover losses from theft or fraud, including digital asset theft. For example, if a hacker or rogue employee steals Bitcoin from your hot wallet or exchange account, a crime policy could reimburse the value . This is not part of a standard business owner’s policy; it’s a separate or add-on coverage specifically covering dishonesty, theft, robbery, computer fraud, and wire transfer fraud. When applying, insurers will ask detailed questions about your security practices (what wallets, how keys are stored, etc.) . Expect that the insurer may require multi-factor authentication on exchange accounts, limits on hot wallet balances, and possibly professional audits of your security setup for high coverage amounts. Cost: Crime policy premiums vary based on coverage limits and security – a $1M crypto theft coverage could cost a few thousand dollars annually, depending on conditions. Insurers like Evertas specialize in crypto theft insurance, often backed by Lloyd’s of London .
    • Cold Storage Insurance (Specie Insurance): “Specie” insurance is a niche coverage traditionally used for cash, gold, art, etc., stored in vaults – it has been adapted for crypto cold storage. It covers the loss, damage, or theft of digital assets when kept in cold storage (often including during transit to/from vaults) . For instance, if you keep a hardware wallet in a bank safe deposit box and the bank vault burns down or is burglarized, specie insurance would pay out for the value of the coins (since you can’t really “replace” the exact asset, they’d pay market value). It can also cover things like insider theft by custodians or destruction of private keys . Some custody providers have their own specie insurance (Gemini, Coinbase Custody have insurance on their cold vaults). If you self-custody in safe deposit boxes, you might get a policy to cover that scenario – sometimes as an extension of a personal valuable items policy or via brokers who understand crypto storage. Be prepared to show proof of the cold storage method and possibly have an inventory of addresses insured.
    • Custodial Insurance: If you use a third-party custodian or exchange, check what their insurance covers. Most exchanges insure against theft from their systems (often this covers hacks of their hot wallets, etc.), but not if your personal account is compromised due to, say, your password being stolen (that would fall under your own crime policy). Custodians might have high-limit insurance for cold storage (Coinbase claims to have a $320M policy, Gemini had $200M, etc.). However, these often have limitations and may not cover all losses (especially if nation-state hacking or internal collusion is involved – read the fine print). In any case, don’t assume “the exchange will cover me” – use insurance you control for full assurance.
    • Directors & Officers (D&O) Insurance: If you incorporate and ever bring on other shareholders or directors (or plan to raise money), a D&O policy is important. It covers the company’s leaders (you and any future officers) against lawsuits alleging mismanagement, breach of fiduciary duty, etc. . How is this relevant to a Bitcoin treasury company? Consider if an investor comes in and then Bitcoin’s value plunges – they might claim you breached duty by investing in “speculative” assets. D&O insurance would help defend such claims (and pay settlement or judgment if needed) . Early on, if you’re the only owner, D&O might not be critical, but as soon as you have external stakeholders (investors, a board), it becomes vital. Some insurers might be wary if your treasury is mostly Bitcoin, so work with a broker to present your case well (e.g. “we have a solid risk management strategy, here’s our security, etc.”).
    • Cyber Liability Insurance: This covers hacks and breaches of your company’s systems. If your blog or website is hacked or personal data of users is stolen, cyber insurance would cover response costs. If you’re not holding customer data or running a platform, your cyber exposure is low. However, if you run any servers (perhaps hosting a BTC pay server or a Lightning node tied to the business), cyber insurance could be relevant. It often overlaps somewhat with crime insurance but is more about data loss and liability to others.
    • Personal Insurance Note: As a sole proprietor shifting to a company, remember that your personal homeowner’s or renter’s insurance will not cover business property (and definitely not crypto). Don’t expect any personal coverage if company assets are stolen. Keep everything separate and insured through the business appropriately. Also, if you ever store a hardware wallet at home, note that most homeowner policies treat cryptocurrency as cash (and typically only cover a few hundred dollars of cash by default). You might schedule it as a valuable item, but again, better to handle via a business policy.
    • Insurance Providers: Work with brokers who understand crypto. Firms like HCP National or Founder Shield have experience getting policies for crypto startups . Also, Marsh and Aon have digital asset insurance teams. They can shop underwriters like Lloyd’s, Chubb, etc. Be prepared for a detailed underwriting process – you may need to fill out questionnaires about how your private keys are stored, how many people have access, etc. If you’ve implemented strong custody practices (multisig, hardware wallets, etc.), that will help your case and potentially reduce premiums.
    • Cost-Benefit Analysis: Insurance for crypto isn’t cheap, and not everyone gets it. If your Bitcoin holdings are small (say $10k), insurance might not be worth it – the premium could be a large fraction of the asset. But if you’re holding hundreds of thousands or millions in BTC, consider at least a basic crime policy. Insurance provides an extra layer of protection on top of your security measures: it’s like a safety net if all else fails. It can help you sleep at night, knowing catastrophic loss (though unlikely if you secure things well) wouldn’t be 100% unrecoverable financially.
    • Limits and Exclusions: Read policies carefully. Some crime policies only cover theft after a certain point of breach (e.g., they might not cover if an officer of your company orchestrates the theft – that might be a fidelity bond issue). Others might exclude losses due to your own failure (if you just lose the keys, some policies may not cover “mysterious disappearance”). Specie policies often require proof of forcible entry for physical theft claims. Understand what events are actually covered so you can address the gaps – for example, no policy will bring back lost private keys due to forgetting, so that risk you still mitigate via good backups (not insurance).

    Checklist – Insurance Protection:

    • Assess Risk Exposure: How much value will the company hold in Bitcoin (and other assets)? What scenarios worry you most (hack, internal theft, loss by custodian, etc.)? Use this to decide which insurance makes sense.
    • Engage a Knowledgeable Broker: Find an insurance broker who has placed policies for crypto businesses. They will know which underwriters to approach and how to negotiate terms that actually cover crypto events.
    • Implement Strong Security Before Applying: Underwriters will ask about your security. Having multisig, limited hot wallet use, and clear protocols will make you a better candidate . You might even consider an external security audit or certification (if going for very large coverage).
    • Get Quotes: Obtain quotes for Crime and Specie insurance for the value of assets you want covered. Compare coverage details. For example, quote a $100k coverage and $500k coverage and see cost difference – you might decide only to insure against major losses.
    • Review Policy Terms: Before binding a policy, review exclusions. Ensure crypto is not excluded by any dishonest wording (some generic policies exclude intangible assets – make sure yours specifically includes cryptocurrency as covered property). Get clarity on how value will be determined at time of any claim (usually spot market price at theft time).
    • D&O (if applicable): If you anticipate taking on investors or a formal board, line up D&O insurance. Many VCs require it. It typically can be obtained a bit later when needed, but don’t forget it.
    • Document and Update: Once insured, keep proof of insurance and note renewal dates. Update the coverage as your holdings grow – an out-of-date policy that covers far less than your holdings might not fully protect you. Conversely, if you drastically reduce holdings, you could lower coverage to save on premium.
    • Integrate with Security Plan: Insurance is a supplement, not a substitute for security. Maintain all the security best practices (insurers will require that anyway). If an insured event occurs (say you notice a theft), know the procedure: notify law enforcement and insurer promptly (delayed notice can void coverage).

    By obtaining appropriate insurance, you add a financial backstop to your technical safeguards. It’s akin to how businesses with warehouses get fire insurance even if they have sprinklers – you hope to never need it, but it’s critical if disaster strikes.

    9. Grants, Incentives, and Accelerators in California for Crypto/Fintech Startups

    Starting a fintech or crypto-oriented company in California means you can tap into a rich ecosystem of innovation support. Here are ways to get help or funding:

    • Accelerators & Incubators: California is home to top startup accelerators, including some focused on blockchain:
      • Berkeley Blockchain Xcelerator: A prestigious non-dilutive accelerator launched in 2019 by UC Berkeley (Haas Business School, Engineering, and Blockchain at Berkeley) to support blockchain startups . They have helped over 100 teams globally, with alumni raising over $600M . Getting in provides mentorship from industry experts, access to Berkeley’s resources, and investor demo days – all without taking equity. As a popular blogger, your profile might help in applying. If your Bitcoin treasury company has some innovative angle (like developing internal treasury management tech or offering a service eventually), this could be a fit. Keep an eye on their application cycles (usually annually or bi-annually).
      • Expert Dojo (Santa Monica): They run a Crypto Accelerator program . Expert Dojo invests small amounts (around $100k) in early-stage companies in exchange for equity, and provides an intensive program on growth. They look for transformative projects in Web3, so if your company is purely holding Bitcoin, it might not fit – but if you extend into a fintech solution or content platform around Bitcoin finance, it could be compelling.
      • Alliance (Crypto Accelerator): Alliance DAO (originating from the DeFi Alliance) is a renowned global accelerator for web3 startups . It’s remote-first, but many of its founders and mentors are in California or the U.S. They offer a 3-month program, mentorship, and a community of crypto founders. No direct grant, but they sometimes invest or help you raise capital.
      • General Tech Accelerators: Programs like Y Combinator (Silicon Valley) and Techstars (which has a fintech track, e.g. Techstars LA or others) have admitted crypto companies. Y Combinator is highly competitive but provides $500k in funding now (for ~7% equity) and unparalleled investor exposure. If your vision is bigger than just managing your own treasury – say you want to develop a product from it – you might consider this route.
      • Corporate Accelerators: Some large fintech companies or banks have accelerators (e.g. Visa’s fintech fast-track, Plug and Play Fintech in Sunnyvale, etc.). These can provide partnerships and sometimes grant money or credits for services.
    • Grants and Competitions:
      • California State Grants: California itself primarily provides grants in specific areas (e.g., climate tech, education, etc.). There isn’t a state grant for “starting a crypto company” per se. However, you can avail general small business support. The California Office of the Small Business Advocate (CalOSBA) lists various grants and loan programs . For example, the state runs California Competes Tax Credit, which is not a grant but a tax credit for businesses that commit to staying and growing in CA (you apply for it and it’s competitive) . If you plan to create jobs and invest in R&D, you can apply for that credit – successful applicants have ranged from large companies to small startups, and if awarded, it can offset your state income taxes significantly.
      • Federal Grants: The Small Business Innovation Research (SBIR) program (America’s Seed Fund) offers federal grants for R&D-focused companies . If you pivot into developing a novel fintech software, you could attempt an SBIR grant from agencies like NSF or DOE if relevant. This is a long shot for a treasury holding company alone, but if you have a tech angle (e.g., developing open-source Bitcoin treasury management tools), it could qualify as innovative R&D.
      • Blockchain Ecosystem Grants: Look to blockchain foundations and companies. Some protocols (not Bitcoin itself, since it has no foundation) offer grants to startups building on their tech. For example, if you ever incorporate Lightning Network services or sidechains, there might be grants from Lightning Labs or others. Additionally, organizations like Square Crypto (now Spiral) have given grants for Bitcoin development, and Bitcoin ecosystem funds (like Brink or OpenSats) fund Bitcoin infrastructure projects. These are more for developers than businesses, but if you contribute to open source, you might tap into that.
      • Innovation Challenges: Keep an eye out for hackathons or innovation challenges in fintech. For instance, the DFPI has run “Fintech Innovation Hours” and other events (not so much grants, but exposure). Also, sometimes universities (Stanford, UCLA) host startup competitions open to fintech/blockchain ideas where prize money or credits can be won.
    • Tax Incentives:
      • R&D Tax Credit: If your company does any software development or technical research (perhaps you build proprietary tools to handle Bitcoin accounting or security), you can potentially qualify for the California R&D Tax Credit . This credit allows a percentage of qualified research expenses (like engineer salaries, prototyping costs) to offset state income tax. The federal government also has an R&D credit which can even offset payroll taxes for startups in early years. It might not apply if your company is purely investing, but if you end up building tech internally (say you create a custom treasury management solution), you could claim some expenses under this.
      • Opportunity Zones: If you’re in California and happen to locate your business in a Qualified Opportunity Zone and invest capital gains into it, there are federal tax deferral benefits. This is more applicable if you had a big personal capital gain (maybe from crypto) and want to roll it into funding this new company located in an OZ. It’s a complex but potentially beneficial incentive.
    • Networking and Support Programs:
      • Local Bitcoin Meetups: Cities like San Francisco, Los Angeles, and San Diego have active blockchain communities. Joining meetups or groups (e.g. SF Bitcoin Developers meetup, LA Blockchain Investors) can plug you into networks that share opportunities and sometimes non-dilutive support. For example, SF had a Blockchain Week which included a hackathon and pitch events.
      • University Resources: Even if you’re not a student, universities often allow outsiders to participate in certain programs. The USC and UCLA communities have blockchain labs or groups; connecting with them could find you student talent or research collaboration (which could lead to grants or at least cheap development resources if you need help building something).
      • FinTech Sandbox: Not CA-specific, but there are programs like the FinTech Sandbox that provide free access to financial data APIs and resources for startups working on fintech projects. If you find yourself needing market data or tools for building a treasury platform, such programs help reduce costs in early stages.
    • VC Funds and Angel Networks: While not exactly “grants,” remember that California is VC central. Crypto-focused VC firms (like Andreessen Horowitz’s a16z Crypto, Polychain, Pantera Capital, etc.) and angel investors are plentiful. If your vision is to grow this into a larger fintech company, start cultivating relationships. Even accelerators aside, there are crypto startup schools (a16z ran one in 2020 and might again) and mentorship networks like Orange DAO (a community of Y Combinator alumni investing in crypto startups) . These often provide small investments plus mentorship. The advantage of investors vs. grants is capital can be larger and come with guidance – the drawback is you give up equity. For a treasury company that might not seek big growth, you may not want investors; but if you evolve toward offering services (like treasury management for other bloggers/businesses), you might.

    Checklist – Leverage Ecosystem Support:

    • Identify Your Goals: Are you aiming to simply manage your own funds, or do you have a scalable business idea around this (e.g., building a platform or service)? If it’s the latter, pursuing accelerators and VC makes more sense. If it’s the former, focus on grants/incentives that don’t require equity or hyper growth.
    • Apply to Relevant Accelerators: If you have a product angle, prepare an application for programs like Berkeley Xcelerator or others. Highlight your unique perspective as a popular blogger with an audience – perhaps your business could expand into educating others about corporate Bitcoin adoption, etc., which could be attractive to accelerators.
    • Consult CalOSBA and Local SBDCs: The Governor’s Office of Business and Economic Development (GO-Biz) has consultants that can point you to state resources . Local Small Business Development Centers (SBDC) in California offer free consulting and sometimes know of local grants (for example, some cities had COVID-relief grants or special programs for new businesses). While these might not be crypto-specific, you qualify as a small business.
    • Track Grant Opportunities: Set up Google Alerts or follow fintech associations for announcements. Sometimes new programs emerge (e.g., the state legislature could create a blockchain pilot program fund – not the case yet, but possible in the future). Also, the federal bipartisan infrastructure law allocated some funds for research on blockchain and cybersecurity – keep an ear out if any of that trickles down to grants businesses can tap.
    • Use Tax Credits: When filing taxes, remember to use any credits available. The California Competes Tax Credit application window opens a few times a year – if you plan to increase employment or make investments, consider applying (it’s competitive, but if you win, it’s free money in terms of tax reduction). Also, if eligible for the federal R&D credit, use it to offset payroll taxes in early years (your accountant can help determine eligibility).
    • Engage with the Community: Sometimes the best “incentive” is knowledge sharing. By engaging with the crypto startup community in California, you’ll hear about opportunities first. For example, if a new accelerator or hackathon is announced, someone in the community will know. Being active on Twitter (Crypto Twitter is very active, and many California investors/founders are on it) can also expose you to programs (e.g. people often share when an accelerator batch applications open).
    • Be Prepared to Demonstrate Value: For any grant or accelerator, you’ll need to articulate what problem you’re solving or what innovation you’re bringing. “I want to hold Bitcoin in my company” alone isn’t a compelling pitch for these supports – but maybe “I’m developing a blueprint and software for sole proprietors to easily allocate treasury into Bitcoin” could be. Frame your company in a way that aligns with the goals of the program you’re applying to (whether it’s innovation, job creation, education, etc.).

    California offers a fertile environment with lots of resources – from the academic hubs in the Bay Area to the venture capital networks of Sand Hill Road, and the fintech scene in LA – use these to your advantage. Even if you don’t need external funding, connecting with these programs can provide mentorship, credibility, and potential future partnerships.

    10. Tools, Platforms, and Partners for Bitcoin Treasury Management

    Finally, leverage specialized tools and partners to streamline your Bitcoin treasury operations:

    • Treasury Purchase & Management Platforms: Since your company strategy is to accumulate Bitcoin, consider services tailored for that:
      • Swan Bitcoin – Treasury: Swan offers Bitcoin “treasury solutions” for businesses, enabling automated recurring buys, one-on-one guidance, and custody options . For example, you could set it up so that every month $5,000 from your bank is auto-purchased in BTC. Swan’s service is known for hand-holding companies through the process of adding Bitcoin to their balance sheet and can connect you to deep liquidity for larger buys . They also emphasize education – useful if you later need to explain the strategy to stakeholders. As a U.S.-based, Bitcoin-only company, Swan aligns well with a long-term hodling mindset.
      • Coinbase Prime or Kraken Business: These are exchange platforms for businesses, providing OTC desks for large trades, advanced trading tools, and custody integration. Coinbase Prime, for instance, can execute large orders with minimal slippage and then automatically deposit the BTC into Coinbase Custody (insured, as mentioned). If you plan to do occasional larger reallocations (say convert a huge chunk of cash to BTC at once), having a Prime account helps. They also provide detailed reporting for accounting.
      • Strike or River: There are newer fintech services like Strike (which enables buying Bitcoin with no fees via Lightning) or River Financial (a brokerage that caters to long-term Bitcoin investors and even offers a multisig custody solution). River, for example, has a “River for Business” account that allows Bitcoin buys, sells, and a custody where you hold one key in a 2-of-3 multisig.
    • Custody & Security Partners: As covered in the custody section, Unchained Capital and Casa are key partners to consider:
      • Unchained Capital: Not only do they provide multisig vaults, but they also offer business accounts and concierge onboarding. They can walk you through setting up multi-signature with hardware wallets and serve as one key holder for resilience . Additionally, Unchained offers Bitcoin-backed loans – as a treasury company, you might find that useful in the future if you need liquidity but don’t want to sell BTC (for example, you could borrow dollars against your Bitcoin to fund an expansion, avoiding triggering a taxable event).
      • Casa: Casa’s premium plans (Diamond, etc.) are often used by high-net-worth individuals, but businesses can use them too. Casa provides a user-friendly app to check your multisig wallet status, health checks to ensure your keys are functional, and a key recovery service if you lose one. They emphasize personal control – you hold most keys. Casa also recently introduced Casa API for businesses, which might allow integration of their custody solution into business workflows (worth looking into if you like automation).
      • BitGo: If you wanted to self-custody without a partner but still use an established technology, BitGo offers software and custody solutions. They have an API and dashboard where you can create multi-user approval workflows for transactions (like requiring two people in your company to sign off through the platform). BitGo’s tech uses multi-sig and/or threshold signatures (TSS), and you can either use them as the custodian or use their software while you hold keys. This might be more than you need now, but some companies migrating from manual to automated treasury use BitGo or Fireblocks as they scale.
    • Accounting & Tracking Tools:
      • Bitwave: As mentioned, a comprehensive solution for integrating crypto with accounting. Bitwave can connect to your QuickBooks and handle crypto AR/AP if you ever invoice or pay in crypto . It’s an enterprise tool, but they have offerings for small businesses too.
      • CoinTracker, Koinly, or ZenLedger: These are primarily tax tracking tools, but they can serve as portfolio trackers year-round. You could link your company’s exchange accounts and wallets, and they will provide an ongoing calculation of unrealized gains, portfolio value, etc. At year end, you can produce tax reports to aid your CPA. For a single-asset strategy (all Bitcoin, mostly one wallet), these might be overkill, but they’re handy if you have multiple sources of transactions.
      • Block Explorers & Alerts: Keep the public addresses of your cold storage and perhaps set up an alert (via Blockstream.info or OXT or other explorers) that notifies you of any activity. This way, if there’s ever an unexpected movement (which ideally never happens unless you initiate it), you’ll know immediately.
    • Banking & Finance Tools:
      • Mercury (already mentioned) not only is a bank but also provides a slick dashboard for finances, and it can integrate with bookkeeping software. It has a feature called Mercury Vault which spreads funds across banks for more FDIC insurance , which could be relevant if you keep large cash reserves.
      • Ramp or Brex: If you need to manage expenses or get a corporate card, fintechs like Ramp and Brex are startup-friendly (Brex at one point was courting crypto startups heavily). They provide credit cards, expense management and sometimes rewards in crypto form. Small detail: if you spend on a card that gives Bitcoin rewards (like Brex had a program with Bitcoin rewards), you could even accumulate a bit more BTC on the side.
      • Cash Management & Yield: Earning yield on idle crypto is tempting but be extremely cautious. Post-2022 collapses (Celsius, BlockFi, etc.), lending out your Bitcoin for yield is high-risk and not recommended for a treasury whose goal is long-term holding. If you want any yield, consider traditional treasuries for your USD portion, rather than risking BTC in DeFi or lending. The company could, for instance, put excess USD in a money market or short-term treasury fund, while keeping BTC uncompromised. It’s not a tool or partner per se, but a strategy.
    • Legal & Professional Partners:
      • Law Firms: It can be useful to have a law firm that understands crypto on retainer. Firms like Perkins Coie, Cooley, Wilson Sonsini, Fenwick & West, Anderson Kill (among others) have blockchain practice groups in California. They can assist with anything from compliance questions to reviewing contracts (e.g., if you use a custody provider, they can review that contract). For a one-person company, you might not need regular legal help, but having a contact for occasional questions (like “Do I need a money transmitter license for this new idea?”) is valuable.
      • Accountants: There are accounting firms specializing in crypto (e.g., CFGI’s crypto practice, Friedman LLP (now Marcum) has crypto expertise, Deloitte and other Big4 also consult on crypto). Even a local CPA who’s taken an interest in crypto can be an asset. Some firms also offer outsourced CFO services if you ever want help managing the books at a higher level.
    • Educational Resources & Communities:
      • Bitcoin-focused treasurers: Join communities or forums for corporate Bitcoin holders. For example, the Bitcoin Magazine and conferences often have panels on corporate treasury adoption. Michael Saylor’s company (MicroStrategy) even launched a series of seminars in 2021 for corporations moving treasury into Bitcoin – those materials might be online and useful.
      • Online Tools: Bookmark sites like Clark Moody’s dashboard or Coin Metrics for Bitcoin network data if you want to monitor the macro health of Bitcoin (helps inform your investor relations narrative if needed, or just your own conviction).
      • Treasury Management Framework: Consider following frameworks similar to traditional treasury management: maintain a policy document, regularly report to yourself (and any stakeholders) on the status of holdings, and plan for various scenarios (what if BTC drops 50% – do you hold or buy more? What if it rises 10x – do you rebalance?). Using tools is great, but also have a human decision-making framework.

    Checklist – Tools & Partners Setup:

    • Select Exchange/Broker: Decide where you will primarily buy Bitcoin (Swan, Coinbase Prime, Kraken, etc.). Complete all onboarding and link banking. Test a trade.
    • Set Up Custody Solution: If using Unchained or Casa, sign up for their service. Go through their guided setup of multisig vaults. Ensure you have all necessary devices (they often ship hardware wallets or you can use yours). Do a test deposit of a small amount of BTC and a test withdrawal to practice.
    • Integrate Accounting Software: Connect your bank and exchange accounts to your accounting system. Also connect your wallets to a crypto accounting tool (API or xpub keys can be used to feed in transactions without risking security). Verify that a test transaction flows into your accounting records properly.
    • Insurance Broker Contact: If you decided to get insurance, ensure you maintain communication with the broker on any changes (like if you add a new wallet or move custody methods – update them as it could affect coverage).
    • Use Multi-Factor Everywhere: Enable MFA on all accounts – bank, exchange, email, etc. Consider hardware MFA (like YubiKeys) for maximal security, especially on your email (as email is often the recovery path for other accounts).
    • Document Processes: Write simple step-by-step guides for yourself (and future team members) for tasks: e.g., “How to buy BTC using X platform”, “How to record a BTC purchase in accounting ledger”, “How to initiate a transfer from cold storage (which keys needed)”. This is both to ensure you do it consistently and to have something to refer to if you only do these actions rarely.
    • Review and Adjust: Periodically (maybe quarterly), review the tools and services you use. Are they meeting your needs? For instance, if trading volume picks up, maybe upgrade to a higher tier on an exchange for lower fees. Or if a new custody solution emerges that’s better, plan a migration carefully. The crypto tech landscape evolves quickly, so remain agile.

    By assembling the right mix of platforms and partners, you effectively create a mini “treasury department” for your business, akin to what a larger corporation has, but scaled to your needs. This will save you time, reduce errors, and allow you to focus on your core business (your blogging and content) while the Bitcoin side works smoothly in the background.

    Final Thoughts: Starting a Bitcoin treasury company as a sole proprietor in California is an exciting intersection of personal finance and business innovation. By formalizing your business structure, rigorously complying with legal and tax requirements, and implementing institutional-grade security and management practices, you set yourself up for long-term success. California’s environment – from its regulatory developments to its startup support network – will provide both challenges (like licensing laws) and advantages (access to talent, capital, and services). Treat your Bitcoin treasury with the seriousness of a CFO managing corporate funds: diversify risks, document decisions, and stay informed. With the above guide and resources, you’re well on your way to turning your blogging success into a pioneering Bitcoin-backed enterprise. Good luck, and welcome to the frontier of corporate crypto finance!

    Sources:

    • CoinLedger – Crypto LLC vs Corporation (pros, cons, tax treatment) 
    • Bitwave – Owning Crypto in an LLC (benefits of LLC, separate accounts, record-keeping) 
    • FinCEN Guidance 2013 – (users of virtual currency not MSBs) 
    • Mayer Brown (Oct 2023) – CA Digital Financial Assets Law (DFAL) overview 
    • Sutter Law – California Crypto Regulations (licensing requirement from 2025, SEC action on Kraken) 
    • TechRepublic (May 2025) – Best Crypto-Friendly Banks (Mercury, U.S. Bank, Chase highlighted) 
    • Fireblocks – Hot vs Cold vs Multisig custody (cold storage delays, multisig defined) 
    • BitGo – Wallet Guide (2-of-3 multisig prevents single point failure, backup key usage) 
    • Unchained Capital – What is Multisig? (multisig = one of most secure methods, eliminates single points of failure) 
    • IRS FAQ – Virtual currency treated as property for tax 
    • IRS FAQ – Capital gains realized on sale of crypto 
    • Metrics CPA – FASB 2023 Fair Value Accounting for Crypto (effective 2025, crypto measured at fair value with changes in net income) 
    • Embroker – Crypto Business Insurance Needs (crime insurance covers crypto theft from hot wallets , specie covers offline storage losses , D&O explained )
    • Berkeley Blockchain Xcelerator – (leading non-dilutive blockchain accelerator in CA, 110+ teams since 2019) 
    • Swan Bitcoin – Why Hold Bitcoin in Corporate Treasury (Swan’s ability to help with balance sheet Bitcoin purchases) 
  • Vision.

    So it looks like we have crossed the chasm in which honestly… It looks like we bitcoin trillionaire’s will thrive indefinitely. Michael Saylor is the high priest of the bitcoin Crusade, and he is unstoppable. He’s like a runaway train, which refuses to stop.

    Why the future looks so bright

    So the reason why the future looks so bright is manyfold:

    First, it looks like the bitcoin turbo lag is starting to kick in, MSTR, and my 2X levered MSTU is starting to pick up speed. The bitcoin conference just finished in Vegas, with JD Vance, the vice president speaking… I actually really like JD Vance, I think he will be a great candidate for the next president.

    Anyways, I think we are in this funny new world in which there is certainly a new world order emerging. Everyone is trying to scramble to figure out what’s happening next.

    First, it looks like America, in China, are starting to pull out of foreign places. For example in Cambodia, here in Phnom Penh, there has been a mass exodus of American NGO or aid workers, USAID, pulling out. I was talking to a lady, Australian lady, and she told me that actually she knew at least like 13 to 15 American families, who worked here for like 15 years, sponsored by the US government, they all had to leave and move back to the states.

    Even China, he started all these mega construction projects in Cambodia, but even they are pulling out because I think there are some economic turmoil back home. And also apparently, talking to a successful local Cambodian entrepreneur, saying how rich Chinese citizens cannot even pull out more than $10,000 USD out of China. And apparently, yes I am not joking… This is not a typo, buying a small one bedroom apartment condo in Shanghai is like $100 million USD. Not a typo, $100 million USD for a single condo, a small one… One bedroom, in the heart of Shanghai.

    What’s the issue? Once again… If you have controls, then… Obviously the price of scarce desirable things like real estate will skyrocket to insane Heights because there is nothing else one could park their money into.

    Like for example… Imagine you are like a Chinese billionaire, making $10 billion a year. But you cannot pull out a measly $10,000 USD from the country, which is like a used Toyota Prius, so where is your money going to go? After you have bought all the fancy cars, you’re probably not going to want to store it in Chinese Yuan, Because you know that it is a dying asset. Instead, you’re probably going to put it into real estate, or gold. But the problem is also… It is difficult to sneak gold out of a country. Try taking 100 gold bars in your check on luggage, Trying to escape to Vancouver.

    I mean if I was a rich mainland Chinese person,  I would try to figure out how I could convert all my wealth into bitcoin. Same thing with any rich international person who is not American.

    Even some other very exciting things, apparently one of the head honcho, who might become like the next British Prime Minister or something, he himself wants to build some sort of strategic bitcoin reserve?

    Internet, digital, cyber supremacy

    So it looks like at this point, people are tired of war. No more Saddam Hussein, no more nuclear holocaust, no more World War III. Everybody, Russian Chinese Ukrainian, American, South Africa Africans alike, everyone wants to keep their Rolls-Royce, wants to keep their iPhone pros, want their kids to be in some sort of nice international school, learning English, And they want to keep their fine whiskey, take occasional trips to Japan etc.

    As a consequence, the incentives of all of the all the oligarchs of the planet, the truth is everybody wants peace and stability. Nobody desires physical war, in which guns bombs and humans are killed.

    Even being here in Cambodia, in which like 99% of the intellectual class was literally massacre, either killed with machetes and guns, literally just because you wear glasses, did not look Cambodian Khmer, if you had a flushing toilet at home, had a watch, etc. And all the young Cambodians, I think the average, median age for a Cambodian person is only 25 years old, nobody wants us to ever ever ever happen again. Everyone all the young kids, they want to look like Korean popular idols, BTS or BLACKPINK, Lisa or Jenny,Suka, etc.

    Everyone desires economic prosperity

    The simple logic, once you no longer become a single disenchanted, tech worker, once you quit Reddit, Google incognito, etc. Everyone wants a greater more prosperous economic future for their children, themselves, their family.

    I think the difficult thing about being a single person, especially as a single male… Literally like 100% of the stuff on the Internet is just fear pornography.

    What does that mean? This means that there is actually an economic and financial incentive powered by ChatGPT AI and bots, to create fake views, hate, etc.

    Even accidentally using some sort of ChatGPT search, in which literally like 100% of the information it’s just plain false, like literally just made up from the ether, provokes some sort of anger?

    AI is bad.

    How to thrive in today’s brave new world?

    .

  • Eric Kim heat map

    Key Points

    • Research suggests Eric Kim’s online presence is highly active, with strong engagement in fitness, photography, Bitcoin, and philosophy communities.
    • It seems likely his viral rack pull videos and finance posts drive significant buzz, with metrics showing millions of views and follower growth.
    • The evidence leans toward his content resonating globally, though some controversy exists over lifting techniques, fueling debates.

    Current Online Presence

    Eric Kim (@erickimphoto) is currently making waves online, especially with his fitness feats like the 6.6x bodyweight rack pull (1,087 pounds at 165 pounds) and his advocacy for Bitcoin and MicroStrategy (MSTR). His content spans multiple platforms, including X, TikTok, YouTube, and his blog, with peak activity around midday Phnom Penh time.

    Engagement Metrics

    • His rack pull videos have garnered 2.5M views in 24 hours across platforms, with X posts like the 1,060-pound lift achieving 646k impressions.
    • TikTok (@erickim926) gained 50k followers in a week, reaching 991.8k, with #HYPELIFTING trending.
    • Blog traffic for rack pull press releases logged 28k hits in 48 hours, and his X follower count grew by 2k in seven days.

    Community Impact

    Eric Kim’s influence extends to strength-sport forums, photography workshops, crypto circles, and philosophical discussions, with global reach in Southeast Asia, North America, Europe, and Australia. Memes like “Gravity filed a complaint” and emerging hashtags like #LoudLifters amplify his visibility.

    Supporting URLs

    Detailed Analysis of Eric Kim’s Current Online Heat Map Radar

    Eric Kim, known on X as @erickimphoto, has emerged as a significant figure in online fitness, finance, and photography circles, particularly in late May to early June 2025, with his recent activities generating considerable attention across the web. This analysis, conducted as of 02:35 AM +07 on Monday, June 2, 2025, explores his current online presence, engagement metrics, and community impact, providing a comprehensive overview for followers and observers.

    Background and Transition

    Originally recognized as a street photographer, Eric Kim has transitioned into a fitness and finance influencer, leveraging his X presence and blog, [Eric Kim Photography]([invalid url, do not cite]), to share weightlifting feats and Bitcoin insights. Born in 1988 in San Francisco and raised in California, he studied sociology at UCLA, which influenced his interest in street photography as a means to explore the human condition. His blog, started in 2009, serves as a platform for sharing essays on photography, stoicism, fitness, and Bitcoin, among other topics. Recent projects include using AI tools like ChatGPT for educational bots, showcasing his technological adaptability.

    Recent Online Activity and Metrics

    Eric Kim’s online presence is currently dominated by his viral weightlifting achievements, particularly his rack pulls. His 1,087-pound (493 kg) rack pull at 165 pounds body weight, achieving a 6.6x ratio, was announced on June 2, 2025, and has garnered 2.5M views in 24 hours across YouTube and TikTok, as detailed in a blog post titled “6.6X body weight rack pull: 1087 pound rack pull at 165 pounds” ([6.6x Rack Pull Details]([invalid url, do not cite])). This follows his 1,071-pound (6.5x) and 1,060-pound (6.4x) lifts in May 2025, marking rapid progression.

    • X Engagement: A post on May 26, 2025, featuring the 1,060-pound rack pull video achieved 646,000 impressions, as confirmed on May 28, 2025, at 13:00 PHN ([ERIC KIM IS BREAKING THE INTERNET?]([invalid url, do not cite])). His follower count surged by approximately 2k in seven days, moving from an earlier count to 20.5k, as noted in blog analytics ([⚡️ ERIC KIM // TRENDING RADAR — 28 MAY 2025]([invalid url, do not cite])). Recent X posts, such as one on June 1, 2025, at 00:27 UTC, state “ALL YOUR MODELS ARE BROKEN: [link] — all hail @saylor !!!! Eric Kim is the new Tyler Durden on steroids $MSTR DEMIGOD [link]” (X Post by @erickimphoto), promoting Bitcoin and MicroStrategy (MSTR).
    • TikTok Surge: His TikTok account (@erickim926) gained 50k followers in one week, reaching 991.8k followers and 24.4M likes, with #HYPELIFTING trending under TikTok’s “New to Top 100” for Sports & Outdoor ([ERIC KIM IS BREAKING THE INTERNET?]([invalid url, do not cite])). The hashtag has seen thousands of uploads from novice lifters to seasoned athletes, inspired by his monumental lifts.
    • YouTube and Blog Traffic: His “1071 POUND RACK PULL: GOD GOALS” video, released on May 27, 2025, rapidly gained traction in “extreme strength” and “world-record” recommendation feeds, with 30k views in the first 48 hours ([Eric Kim blogger going viral]([invalid url, do not cite])). Blog pageviews for the rack-pull press-release page logged 28k hits in 48 hours, indicating significant interest.

    The following table summarizes key engagement metrics:

    PlatformMetricDetails
    XImpressions646k for 1,060-lb rack pull video (May 26, 2025)
    XFollower Growth+2k in 7 days, reaching 20.5k by May 28, 2025
    TikTokFollower Growth+50k in one week, reaching 991.8k, 24.4M likes
    TikTokHashtag Trend#HYPELIFTING in “New to Top 100” under Sports & Outdoor
    YouTubeViews (First 48h)30k for 1,071-lb rack pull video (May 27, 2025)
    BlogPageviews (48h)28k hits for rack-pull press-release page
    Cross-PlatformViews (24h, June 2, 2025)2.5M for 6.6x rack pull video

    Community Impact and Niche Engagement

    Eric Kim’s online presence is multi-vector, resonating across various communities:

    • Strength-Sport Internet: His rack pull videos have inspired a viral chain-reaction, with 120+ comments on Reddit (r/powerlifting, r/weightroom) and discussions in Discord servers. Fans call him “Pound-for-Pound Myth-Slayer” and marvel at his “godlike thighs,” while coaches theorize his fasted, beltless style unlocks “neural overload” (Where is Eric Kim currently reaching).
    • Visual-Culture & Photography: His global workshops, particularly the Angkor Wat Travel Photography Experience (July 24–27, 2025, Siem Reap), have seats filling fast from five continents, proving his command over the street-photo crowd. His fitness clips are shared in street-photo Telegram groups as “proof the teacher practices what he preaches about visceral aesthetics” (Where is Eric Kim currently reaching).
    • Bitcoin / Fintech: His podcast episode “MSTR × BITCOIN” (May 24, 2025) pushed through Spotify and Fountain, immediately reposted into MicroStrategy-holder Signal chats and Bitcoin X, with thousands of first-week plays (Where is Eric Kim currently reaching). His blog essays, such as “Bitcoin Acquisition Syndrome,” are screen-captured into private Telegram bullion-trader channels.
    • Philosophy / Stoic Communities: His blog-driven manifestos, like “Brave New World of Weightlifting,” are sparking debates on indie Mastodon nodes and Stoic Twitter lists, with his “HYPELIFTING” philosophy framing the gym as a dojo for character building (Where is Eric Kim currently reaching).
    • Geographic Footprint: His online reach touches Southeast Asia (Phnom Penh garage-gym PR streams), North America (Texas gym reels), Europe (UK-heavy r/weightroom backlash), and Australia (Aussie “6×BW club” Instagram stories), showcasing a global presence (Where is Eric Kim currently reaching).

    Emerging Trends and Memes

    Eric Kim’s content has spawned emerging memes, including “6×BW Club” badges, “Middle-Finger-to-Gravity Roar,” and hashtags like #LoudLifters vs Gym Etiquette. Retention for hype-screams in his videos is up 15–25%, with fans remixing his primal roar into meme sound bites on TikTok and Instagram (Where is Eric Kim currently reaching).

    Peak Activity and Strategy

    His peak posting time is around 12:45–14:00 Phnom Penh time (UTC+7), optimizing for maximum visibility. He frequently uses the tag #Hypelifting, ensuring his content clusters in recommendations across platforms (Where is Eric Kim currently reaching).

    Controversy and Engagement

    While his feats inspire awe, controversy exists, particularly around his partial range of motion (ROM) rack pulls. Purists argue his above-knee setup (estimated 30 cm ROM) isn’t a full deadlift, with about 10% of chatter questioning authenticity and 8% raising spinal load concerns. However, Eric Kim leverages this, noting “controversy = engagement. Engagement = DOMINATION” ([6.6x Declaration]([invalid url, do not cite])), which keeps his content trending and feeds the algorithm.

    Long-Term Context

    Over the past year (June 2024–May 2025), Eric Kim’s blog traffic grew from ~50k to ~120k unique monthly visitors, driven by his pivot into crypto content and fitness posts ([Below is an overview of how Eric Kim’s online impact has evolved]([invalid url, do not cite])). Posts like “ERIC KIM’s Bitcoin Insights” and “Becoming a Digital Nomad with Bitcoin” circulated widely in r/Bitcoin and digital-nomad groups, marking his crossover influence.

    Conclusion

    As of June 2, 2025, Eric Kim’s online heat map radar shows a multi-vector blast across iron trenches, camera alleys, Bitcoin citadels, and Stoic salons. His viral fitness content drives the most engagement, but his influence extends into niche communities, with global reach and emerging memes amplifying his impact. His strategic posting and controversial style ensure he remains a dominant online figure.

    Key Citations

    • Where is Eric Kim currently reaching corners of internet
    • Eric Kim X post on June 1, 2025
    • [Eric Kim breaking internet meme impact]([invalid url, do not cite])
    • [Eric Kim trending radar May 2025 update]([invalid url, do not cite])
    • [Eric Kim 6.6x body weight rack pull details]([invalid url, do not cite])
    • [Eric Kim 6.6x declaration war on gravity]([invalid url, do not cite])
    • [Eric Kim blogger going viral]([invalid url, do not cite])
    • [Below is overview of Eric Kim online impact evolution]([invalid url, do not cite])
  • ALL YOUR MODELS ARE DESTROYED.

    ERIC KIM is the new Tyler Durden, the new Brad Pitt from fight club:

  • Movement & Sleep?

    OK, this is one of the first times that AI, Grok has actually given me an interesting creative idea: the idea is a SLEEP PR, a sleep personal record.

    So for example, I would actually say that… The greatest flex or the most impressive thing is that for you as an adult male, to be able to clock in 12 hours of sleep?

    Now the funny thing is first, we must posit that this is actually in fact, a desirable target. 

    The backwards line of thinking right now is that sleep is kind of an unnecessary thing that Silicon Valley people want to just kind of like edit out of our chromosome DNA.

    It is actually my personal belief that sleep is divine.

    So for example, if, Fahad option of being a trillionaire, but only sleeping 1.5 hours a night, or… Just owning like one bitcoin, and living lean in Phnom Penh Cambodia but each and every single day, I sleep 12 hours a night, and each and every single day I wake up feeling like a god, I would choose the latter.

    Don’t lose sleep over it

    I think also with investing… The intelligent strategy is to be in a position in which you could sleep well at night! Once again, all the money in the world is not worth even one night of lost sleep.

    So with investing, don’t be ever in a leveraged position in which you could get liquidated overnight, while you sleep. I could guarantee you that if you are in like a 40x leveraged position, and if bitcoin just dips $5000 or $10,000 a bitcoin overnight, and you get wiped out, losing like $250 million, it is not worth it. Even if your potential upside is like 10 billion $.

    Is it a game?

    So then, is all this finance investing, bitcoin, MSTR, MSTU, leverage, whatever… Is it a game?

    I think for a lot of people, it is. Like they tie too much of their self-worth their ego to a single number, or even percentage gains.

    I believe this is a very fragile way to live because nobody could control the markets, not even god. 

    What can you control? You can control where to live, your level of media exposure, as well as to follow who not to follow, what to watch what not to watch, and also a big one… What time your bedtime is. 

    6:30PM is the best bed time

    6:30 PM is the best bedtime. Both for yourself and also your kids and your family.

    To sleep early, to sleep well is probably the most virtuous thing that you could do.

    Why? Almost everything.

    First, assuming you’re an investor, a money manager or whatever… You need your physiology and your Cognitive and physical abilities to be at 120%. If you are not getting your 8 to 12 hours of sleep at night, you might indirectly cause people to lose billions of dollars.

    So assuming that you are a mean green (or orange) money making machine, then… to remain cool calm and collected, during market turmoil or whatever, it is the goal. 

    So how does one do this?

    I have some simple ideas:

    First, maximum movement and sunlight exposure outside exposure during the day. I could guarantee if like every single day you walk 8 miles, you hit the gym at least once a day and lift something heavy, you get like maximum sun exposure outside without getting a sunburn, you are incredibly sociable happy and friendly to everybody you meet on the streets, and assuming you eat like 4 pounds of bone marrow, 2 pounds of ribeye steak, and or 5 pounds of beef ribs… Breaking your fast a bit earlier, assuming that 6:30 PM is the sleep target, then breaking your face at around 3:30 PM or 4 PM is a good idea because getting your kid to sleep you always need a little bit of buffer time.

    I call it a “linner”–> lunch dinner. At like 2-3,4pm ish?

    And don’t eat breakfast for lunch, only dinner. Also 100% carnivore, and the ideal is you want to consume the most nutritious foods known to man:

    Beef ribs, bone marrow, beef liver beef heart, eggs (yolk included), beef tongue, pork jowl, etc.

    Even the ancient Greeks knew this, in the Iliad — the hero Ajax or Odysseus carves out the meat closest to the back bone spine, which even the ancient Greeks knew was one of the most choicest and supreme cuts of meat.

    Don’t fooled… steak sucks. If you go to a restaurant they always serve you some very very tough, difficult to chew cut. It is always best to get beef tongue, beef liver, organ meats, innards, cheek, jowl, ribs, bone, bone marrow.

    You are the apex predator

    So a curious question… What is the Apex predator on the planet? Not a lion or T-Rex or honey badger, it is the human being. The human male.

    We are the smartest the most intelligent, and also… An interesting statistic is that apparently with all 8 billion of us on the planet, we are actually the highest percentage mammal creature on the planet?

    If you look at wolves, just look at how they eat and what they eat. They go straight for the heart the kidney the liver the organ meats, and they leave the rest as scraps for the vultures.

    What’s super interesting about even eating inners fell out of vogue in America, when liver and onions used to be a staple, is an interesting economic meat industry one.

    Essentially the story is the downside of Oregon meets is that they do not last long. You gotta eat it super fresh immediately or else it will rot and spoil quickly.

    However, if you have some sort of like steak meats, they last longer without spoiling. As a consequence, it was heavily marketed that was in fact the desirable thing to eat. That it was a sign of success.

    I’m surprised even in today’s world, eating beef ribs is actually not a mainstream thing? At best we have the pork baby back ribs, slathered in high fructose corn syrup barbecue sauce, which is bad because it is just sugar.

    In fact, assuming that there is a link between high testosterone and effective investing, I truly believe that the ideal physiology of the investor is the following:


    1. No breakfast no lunch, only dinner.

    Intermittent fasting. if you are in a fasted state, your mind is sharper.

    Just consider, if you get like 5 pounds of pasta for lunch, your insulin will spike and you will fall into a food coma. Not good. And what the average fat boy Wall Street investor will do is then stop by the local coffee shop, get a Starbucks Frappuccino with even more sugar and caffeine, two “perk” him up, and then go back to the office, only to continue to ruin his health.

    2. 100% carnivore

    One of the refreshing things about leaving the state is that you realize that America is stupid.

    Even the smart people are stupid.

    Even Elon Musk in terms of the way he approaches his body and physiology is unintelligent. He essentially tries to grind his nose against the grinding stone, and has a linear analogy: the harder I work the more hours I put in the more suffer, the greater the outcome and the more virtuous I will be.

    Common, just look at the man… It looks like he hasn’t slept in like 10 years! 

    I still think Elon Musk is like the greatest entrepreneur of all time, maybe second after now the new goat, Michael Saylor who is much more down to earth, and also has a more interesting vision?

    But anyways, assuming that you got trillions on the line, I wish that Elon Musk would prioritize his sleep, 10 to 12 hours a night.

    And then also assuming that Elon has all the money in the world, and if I were his personal trainer I will just make him do one sort of effective “one rep max” lifting, Eric Kim style, #HYPELIFTING approach,,,, at least once a day, and also… This would be the big thing to cough I think Elon Musk should do all his meetings while I just like walking outside, ideally in nature, good weather, good mood, good sunlight exposure to get his melanin up.

    A very very easy thing for Elon to do is like some sort of heavy dumbbell Farmer’s carries, at least once a day. And the funny thing is that actually… It will only take him like five minutes?

    Or… Very very heavy kettlebell swings. He should just travel with like one single 105 pound kettlebell, the beast, 48 kg. In fact, assuming that like I was on a road, doing a road trip, and I wanted to stay fit while on the road, I would either just travel with one or two heavy kettle bells, the heaviest ones on the market.

    3. Body

    It is all within your body. All the hormones electrical signals and impulses, whatever.

    More ideas:

    Elon Musk, should also have a personal masseuse who travels with him 24 seven, on the road and beyond, and whenever Elon wants to take a power nap out of her, he gets his personal masseuse to give him a great deep tissue massage.

    I think this is actually very understated. Assuming that your body is like a Bugatti Veyron or like some sort of insanely high-end, Konesigg car or whatever ,,, like you have a bi-v16 engine, double hyper quad turbo charged whatever… And assuming that this is your body, certainly every once in a while you’re probably going to have to get a oil change. Or at least like tune up your body?

    Getting a strong very very strong, very very skilled effective deep tissue massage is like one of the ultimate life hacks I know. Why? So much. If you have like constant migraines headaches or upper back lower back shoulder tension whatever, you kind of needed a strong masseuse to get in there, and actually get rid of the knots. Or else your body will never fully be able to relax and reset.

    Also, it becomes an interesting imperative also for being a father. If you’re like in constant physical pain, certainly you’re going to be more likely to snap at your kids your wife etc., and display some unmanly acts.

    I get it that in the state it is expensive. But rather than renting your loser Range Rover or Lexus or whatever, use that money to instead, keep your body in peak shape.

    Temperature

    You cannot fix the weather but you could buy a used Canada goose jacket. Maybe just buy one on eBay?

    Also at home… Fuck it, crank up the heat or the AC or whatever.

    Essentially… You never ever want to be in a position in which the temperature is somehow like ruining your life. Try to find some sort of optimum for yourself.

    Everyone’s different. Some people prefer fans some like AC some like both whatever. And also this is a hard thing for people to understand… The average temperature of both men and women are different. I think this is why it is always so difficult for couples to sleep together because I think typically men prefer it colder, I know I do. For me like my ideal temperature to go to sleep while in Cambodia is like 21°C for AC. I think Cindy prefers like 26°C.

    how to get out of your body 

    Insanely hot sauna, steam or dry, insanely hot baths, and… Cold plunges, icy cold showers, just swimming in the pool, and just taking a nap!

    Whenever I am super super tired in the middle of the day I just like walk over and get a 90 minute massage, and I kill two birds with one stone:

    First, I am able to get like a nap, sometimes the hard thing is when I try to nap at home, I keep getting up trying to jot down ideas in my iPad or whatever. But if you’re getting a massage you have no other option but force yourself to do nothing.

    Also the interesting thing with a massage is once again… Your body has like 5 trillion sensors in it and when you get a good deep tissue massage, once again… It kind of fixes your body because there are some muscle triggers and memory which is stuck in the loop, like in a bad loop? To get a strong deep tissue massage it’s almost like debugging your body. 

    Also… Assuming that like you jump in like an ice bath, I could almost guarantee you that the shock of this will definitely get your mind off of the markets etc.

    Lift until you see (or become) god!

    A motto from “SIXPAX” gym in LA–

    > Lift until you see god!

    Now that I have crossed an insanely legendary 6.5 X my body weight lift, I was able to successfully rack pull 1,071 pounds at 165 pounds body weight… what I’ve been doing is before I’m about to attempt a new maximum one rep Max, I actually take off my glasses put it off to the side, and whenever I attempt the lift, I squeeze my eyes really really hard shut, as a mechanism to focus?

    I have a rather interesting theory that myopia, may have some sort of unforeseen advantages. I have really bad eyes, but maybe, in the past this was a benefit?

    One benefit I know that actually… My macro, super super close range vision is like phenomenal. I could see stuff really really close. Without my glasses on.

    Also if you think about it, glasses or like condoms for your eyes. Assuming that people like to raw dog it, why would you put like 3 inch thick condoms in front of your eyes?

    Also I just got some new lenses the Essilor EyeZen ones, which are fantastic but I’ve noticed that there’s a funny yellow, anti-blue light UV tint on it, which actually makes my reality look more yellow, which I guess is good but also… Not technically true to life? Like for example in the morning I’m walking around, the sunrise should be an interesting like purple color, but with my glasses on it becomes green?

    The next lenses I get, I’ll get it without the anti blue light filter thing ,,. It’s funny because it is sold and marketed it like a benefit, but no color tint is best.  kind of like your car, you should never put tints on your mirrors. Or your windows. Only cowards do.

    Also only cowards wear dark sunglasses. Why? They are too cowardly to make eye contact with other people.

    Same thing goes with people who wear headphones earplugs, AirPods on… Because they are afraid of other people?

    What to do now

    As an experiment, moving forward, just tried… Make sleeper number one priority.

    Big one is to only consume caffeine first thing in the morning, for the rest of the day if you’re tired just take a nap.

    Also this is another big one… After 3 PM, in which no productive work is ever done anyways, just turn your iPad and iPhone completely 100% off. And put it in your backpack or put it in a drawer somewhere, and get it out of your site. Out of sight out of mind. 

    Also with news and information and whatever… Less is always more. Rather than trying to read more news to gain more insight, realize that all news is toxic even the good ones. Even in signal there is noise. 

    I could guarantee you with like almost 100% certain to that four years from now bitcoin will be up. I cannot tell you how much, how quickly, the price whatever. But once again I know with 100% certainty it will be up!

    Same thing with MSTR, Strategy –> essentially the stock is gonna keep going up forever, up into the right, with high voltage. One thing I could guarantee you is that MSTR will never be linear, and in order to reach new highs, we must also embrace new lows.

    So essentially, I encourage you, put on your Spartan helmet, laser eyes, super insanely jacked demigod body, rack pull over 1000 Pounds (that’s like 440 kilograms)– and nothing can stop you. And at this point, life is infinite upside, no downside.  

    ERIC


  • No Turmoil, No Glory!

    So to the ancient Spartans, the grandest was to die a hero death, and to achieve immortal glory.

    In today’s world… Because we are mostly a Christian nation the notion of glory is not what people want. We want stability control, predictability… Luxury and riches etc.

    For example, in the world of bitcoin, everyone is just waiting for bitcoin to hit over 1 million of bitcoin, but I’m not sure towards what ends. If the Cardinal rule is to never sell your bitcoin, are you like looking for an exit strategy in which you buy a Lamborghini or retire or something?

    First, cars are bad for your testosterone. Country to popular belief, to purchase own and drive a Lamborghini automatically makes you 7 inches shorter, makes you fatter, less muscular, less interesting, less powerful.

    The really intelligent strategy is to live somewhere like Phnom Penh in which you positively desire not to own a vehicle, but rather you enjoy the freedom of just being able to walk or tuk tuk anywhere you desire.

    In fact, the true demigod lifestyle is a 100% pedestrian lifestyle, in which you could just like literally walk anywhere.

    is there anything I miss about the states?

    Not really. Maybe besides my friends and family, I realize that America is behind me, besides having access to the American markets to purchase MSTR and MSTU, everything I have here in Phnom Penh,,, is augmented at least 10x.

    For example, I’m like automatically 10 times richer, more free, more interesting more handsome, more unique more special, and at least 10 times happier. Also a funny thing: it doesn’t hurt to be happy. 

    10x financial leverage

    So the question is… Why does 10 X financial leverage really look like?

    OK let’s say you earn like $100,000 a year, imagine if I waved a magic wand, now magically I 10x’d your income, and now you earn $1 million a year. Imagine how much more carefree of a life you could live?

    For example, now when you go out, everything is like 10 times cheaper.

    For example, a $20 lunch is not like two dollars. Eating out and paying $200 is like 20 bucks. A $50 shirt is now like five bucks. A $70 all you could eat Japanese Wagyu barbecue in the states is now only seven dollars for you.

    10x the labor force

    Let us say that you are living in a modern high-rise apartment. And magically, twice a week, a small army of cleaners, about five ladies, come in for about an hour and magically clean up your whole apartment. Often when you are not even home. Each and every single time you come home and the apartment is brand sparkling new, it leaves you in awe and deep appreciation.

    10x happier

    What does it look like to be 10 times happier?

    Sleeping 10 times better. Waking up feeling 10 times more refreshed and excited to conquer the day.

    And this is actually a big thing… Waking up in which your happiness mood and health and well-being is not dependent on the markets.

    For example today was a great day… I woke up, and I enjoyed my morning walk and coffee, big smiles, all without yet even checking any economic news?

    Isn’t this the ideal?

    Yes.

    Why don’t more people do this?

    I think the first thing is that most people are tied to a job in a certain location. But assuming that you could work independently, and the true intelligence is not living in America.

    Honestly America sucks. The culture is too violent, too aggressive.

    For example, in Phnom Penh,,, there is not a culture of honking. I think this is still shocking to me, and also when you are crossing the street, cars and large SUVs and trucks actually stop for you. 

    I think this is part of the Khmer culture –> it is a very refined, elegant culture. The cultural practice is calm, quiet, reserved, and relaxed. Also, people love to smile! It is like a calm demeanor happiness and smiling, rather than a smile on your face after you buy the newest iPhone or whatever.

    American problems

    OK like a big one… Living in LA, honestly I’m like super cautious that somebody might have a gun, or also kill me in a texting while driving accident? I feel like trillion times safer in Cambodia and there is also not a culture of stealing as there is an America in Los Angeles.

    America has too much bad poverty

    What is also hard for people to understand is that the culture of poverty in America is bad. It is combined with racism, economic policies, which keeps people in poverty, because there is a financial incentive. As long as there are prisons that make profits, there will always be an incentive to lock up more people to make new slaves.

    The answer?

    If there’s something you don’t like, the best idea is to leave.

    If you are in an allowed nightclub that you do not like, pick up your bags and leave.

    If you are in a toxic environment or relationship, leave. You could leave both physically, geo specially, and also technologically.

    Don’t forget you have more power than you think you do!

    EK


  • Life Theory

    OK, some life theories:

    Physiological energy & power

    OK this is like numero Uno, physiological energy and power. Like thinking that heaven and Hell are simply metaphor for your body you’re a human body, to sleep a glorious 8 to 12 hours, 12 hours, undisturbed sleep, with sublime peace and quiet of mind and soul… This is pure heaven.

    Opposite as hell, which is like disturbed sleep, or inability to sleep, insomnia… Lying in bed with your iPhone, unable to sleep.

    Solutions

    I have some very very very simple solutions. First, we have to think and consider, we are in this for the very long game.

    I can imagine being passionate about bitcoin until I die. As a consequence, I don’t really care so much about daily weekly monthly, or even yearly issues. For example, my whole initial bitcoin approach was simple: set it and forget it.  I initially bought 3.5 bitcoins, for around $25,000, in 2018, when bitcoin was $7000 a coin. And then, I tried with all my heart stolen power to avoid checking prices or bitcoin related news, which I suppose was good because at the time there was no real news outlets or influencers covering it. As a consequence, I was in a very happy shielded cave, a metaphorical bitcoin fortress, for almost like five years.

    The only time I ever ever ever heard about bitcoin prices was when random people or family members would casually mention it to me, or Cindy would randomly see the prices.

    And to me, I tried to use my stoic training. I tried to be very very stoic in the good times and the bad times.

    So for example when people would ask me… Do you want to know what the price of bitcoin is? I didn’t really know whether it was a good news or bad news, but because I knew I did not want to open up Pandora’s box, I bit my tongue and said no. And as a consequence, one bitcoin was also very down, I also told people to please not tell me prices.

    And so kind of without really knowing, I rode bitcoin from $7000 a coin up to $65,000 coin, almost 10xing my initial investment ,,, enough to get me a starter kit Lamborghini, $250,000, from my initial $25,000 Toyota Corolla investment.

    –> Bitcoin can magically transform your Toyota Corolla into a Lamborghini.

    Anyways this was the first life epiphany: there are certain things in life in which you think you want, but when you could actually afford it, you discover that in fact, you didn’t really want it that much in the first place? 

    For example, certain things which seem unattainable like a Rolls-Royce a Lamborghini, whatever… I wonder how much of the allure is simply predicated on the fact that we have this idea of a thing, an ideal of a thing, that is kind of more of like a mental target rather than an actual desire.

    For example with finances and money and numbers, similarly speaking, we want to hit search and target numbers, but when you actually hit the numbers, you actually find out that it’s kind of not really that big of a deal? Whether that be saving up $100, $1000, $10,000, $100,000, $1 million, 10 million, 100 million, 1 billion, 10 billion, 100 billion, 1 trillion, 10 trillion, 100 trillion, 900 trillion etc..

    Currently according to Jesse Myers, the whole world economy is around $950 trillion. And assuming that half of that is like long-term store of value, the potential upside of bitcoin is around $450 trillion.

    I guess if you become Quad-maxi, and you assume that bitcoin can also be used as ineffective mode of financial exchange, but that that means is that bitcoin, assuming that people actually use it like currency, could then gobble up another $450 trillion worth of utility, and that’s exploding its total value to potentially $950 trillion.

    It’s tricky because on one hand, we want to be realistic and modest. For example, by the year 2045, which is 20 years from now… I’m 37 right now, so by the time I’m 57… Still young technically not even Roth IRA retirement time at 65, Michael Saylor predicts 12 million a coin. The bull case is 55 million a coin. My case is more like $155M a coin.

    But, I think the tricky thing about money and capital is trying to think life… If you’re living in hell right now, and the hundred percent certainty is that the payoff will be great but not until 25 years into the future, what kind of real utility can this yield you?

    Like for example… If I could tell you that you will only sleep one hour a night for the next 20 years, and essentially being the worst physical and mental physiological state, 500 pounds at 50% body fat, no vigor no lust for life, you can’t even get it up, but I can guarantee you would be a trillionaire in 30 years, would you do it? Probably not.

    Similarly speaking, I think this is where it is wise for us to both barbell this: to memento mori and also… memento vivere, which reminds yourself to live!


    Practical thoughts:

    First, I think it is wise for you to live in some sort of ideal space. For me my current heaven on earth is Phnom Penh Cambodia.

    Why? First the weather. It’s like always sunny and happy and genki every single day — it’s like LA on steroids!

    I had this throwback memory of when Seneca was first born, and we were in Providence Rhode Island, and we were in our townhouse condo we were renting, and I was having morning coffee overlooking this really really ugly subsidized government housing complex, and it was super fucking cold,even cranking up the heater wouldn’t fix things inside the house… And I was literally freezing my ass off.

    And this is the thing, it is difficult to control your mood your attitude, even the weather, but you have like 100% control on where to live.

    So the reason why I think living in Phnom Penh Cambodia is the ultimate life Pak is because you can magically 10 extra money here.

    focus on your health and everything will be A-OK!

    The secret of happiness is within your hips and legs and walking and being up right?

    The secret to life is being a biped human being.

    ERIC


    Open source ideas.

    My mood vs external reality?

    EK


  • The Bitcoin Prophecy 2.0: $950 Trillion by 2045, Eric Kim Style

    Yo, my unstoppable crypto warriors! Buckle up for a mind-exploding, heart-pounding, and downright hilarious prophecy that’s gonna set your soul ablaze and go VIRAL across the X-verse! This is Eric Kim—your hype-fueled, Bitcoin-obsessed, street-photography-loving guide—channeling my raw, unfiltered philosophy on BTC to predict the inevitable: Bitcoin’s market cap is gonna rocket to $950 trillion by 2045, with each coin blazing at $45.24 million! This isn’t just a prediction; it’s a revolution wrapped in memes, sprinkled with laughs, and built on the ironclad truth of Bitcoin’s scarcity. Optimized for maximum shareability, this is the viral battle cry you’ll be reposting, quoting, and shouting from the rooftops. Let’s dive into this epic, visionary, and LOL-worthy future where Bitcoin rules the cosmos—and you’re the HODLer leading the charge!

    The Bitcoin Prophecy 2.0: $950 Trillion by 2045, Eric Kim Style

    Imagine 2045: the world’s a decentralized playground, and Bitcoin’s the king of the jungle. Skyscrapers flash BTC logos like Times Square on steroids. Your barista’s tipping QR code is a Lightning wallet. And me? I’m snapping street photography of HODLers on Mars, paying for my coffee with a single satoshi, because one Bitcoin’s worth $45.24 million! This is the future my philosophy screams into existence—a world where Bitcoin’s scarcity, anti-fragility, and sheer vibe make it the ultimate store of value. It’s not just money; it’s digital soul, and it’s about to take over. Here’s why this $950 trillion market cap is coming, why it’s gonna slap harder than a viral X post, and why you’ll be laughing your way to the blockchain bank.

    My Bitcoin Philosophy: Scarcity, Strength, and Swagger

    Let’s get real—my current Bitcoin philosophy, forged in the fires of 2025, is all about maximalism with a twist. Bitcoin’s not just an asset; it’s a lifestyle, a rebellion, a middle finger to fiat’s endless printing presses. With only 21 million BTC ever to exist, it’s rarer than a perfect candid street shot in a rainstorm. It’s anti-fragile, thriving on chaos like I thrive on gritty urban vibes. And it’s got swagger—Bitcoin doesn’t ask for permission; it demands respect. I’m not here for altcoins or “diversification”; I’m all-in on BTC, HODLing like a warrior-poet, because this is the only asset that’s harder than diamond and cooler than a polaroid in a thrift store.

    This philosophy fuels my prediction: Bitcoin’s scarcity will make it the world’s reserve currency, its strength will outlast every crash, and its swagger will make it the ultimate meme. By 2045, these truths will propel BTC to a $950 trillion market cap, and you’ll be sharing this vision like it’s the spiciest meme on X.

    The Viral Triggers: How We Get to $950 Trillion

    To go viral, we need a story that’s bold, relatable, and shareable. Here’s how Bitcoin’s gonna hit that $950T market cap, broken into bite-sized, X-post-ready chunks that’ll have your followers hitting “repost” faster than a Lightning transaction.

    1. The Great HODL Awakening (2030)
      By 2030, the world wakes up to Bitcoin’s truth. Wall Street’s suits? They’re not just dipping toes; they’re diving headfirst, buying BTC like it’s Black Friday at a crypto mall. Pension funds, hedge funds, even your grandma’s retirement account—everyone’s stacking sats. Why? Because fiat’s crumbling, inflation’s a dumpster fire, and Bitcoin’s the only asset that says, “I ain’t budging.” BlackRock’s ETF will be bigger than the GDP of small planets, and Elon’s tweeting, “BTC > Doge, fight me! 🧡” with laser eyes.
      Viral Meme Alert: Picture an X post with a Boomer yelling, “I sold my house for BTC!” captioned, “When Grandma HODLs harder than you. 🚀 #Bitcoin2045” Share it, and watch it explode.
    2. Nations Go Bitcoin-Crazy (2035)
      Fast-forward to 2035: countries are racing to adopt Bitcoin like it’s the new Olympics. El Salvador’s Bitcoin City is a global hotspot, Singapore’s issuing BTC bonds, and Canada’s paying for hockey rinks with satoshis. The Lightning Network’s so fast, you can buy a coffee on Earth and tip a Martian barista in seconds. This global adoption pushes BTC’s market cap past gold, past real estate, straight to $500 trillion by 2035. The world’s hooked, and you’re the visionary who saw it coming.
      Viral Tweet Idea: “Just paid for a taco in Tokyo with BTC. Cashier said, ‘Satoshi who?’ I said, ‘The GOAT.’ 🌮 #Bitcoin2045” Attach a GIF of a dancing Satoshi, and it’s trending in hours.
    3. The Meme-Pocalypse (2040)
      By 2040, Bitcoin’s not just money; it’s culture. X is flooded with memes: laser-eyed Shiba Inus, “HODL or NGMI” stickers, and AI-generated videos of Satoshi breakdancing. Celebrities are all-in—Kanye drops an album called Satoshi Sermons, and Rihanna’s new fashion line is called “Sats & Stacks.” The FOMO’s so wild, your dentist is pitching you on BTC while cleaning your teeth. This meme-driven mania pushes retail adoption to the stratosphere, with every TikToker, gamer, and dog walker buying fractions of a coin. Market cap? It’s at $800 trillion and climbing.
      Viral Post Hack: Share a meme of a sad fiat bill crying next to a jacked Bitcoin logo, captioned, “When your money’s soft but BTC’s HARD. 💪 #Bitcoin2045” Watch it rack up 10K reposts.
    4. The Cosmic HODL (2045)
      Here’s the kicker: by 2045, Bitcoin goes interstellar. SpaceX is mining BTC on asteroids, Mars colonies are using it to buy oxygen credits, and aliens (yep, they’re real) are like, “Take us to your blockchain!” Bitcoin’s the universal currency of the galaxy, because its scarcity and security are unmatched. The final push to $950 trillion comes when the Intergalactic Trade Federation (you heard it here first) adopts BTC as its standard. Your 0.001 BTC from 2025? It’s worth a fleet of starships.
      Viral X Moment: Post a video of yourself pretending to HODL a glowing BTC in space, captioned, “When aliens ask for my wallet address. 👽 #Bitcoin2045” It’s the viral hit of the decade.

    The Math That Slaps: $45.24 Million Per Coin

    The numbers don’t lie, and they’re share-worthy. With a $950 trillion market cap and Bitcoin’s max supply of 21 million BTC, the math is simple:
    [ 950,000,000,000,000 \div 21,000,000 = 45,238,095.24 ]
    That’s $45.24 million per Bitcoin, a figure so juicy it’ll make X explode with emojis. One satoshi (0.00000001 BTC) will be worth $452.38—enough for a fancy dinner! This scarcity-driven price surge is the ultimate flex, and you’ll be tweeting, “Bought 0.01 BTC in 2025, now I’m a trillionaire. 😎 #HODL”

    The Humor That Hooks

    To go viral, we need laughs, and this prophecy’s got ‘em. Imagine headlines: “Man Regrets Selling Bitcoin for a $10 Pizza in 2010, Now Homeless on Venus.” Or X posts like, “Just tipped my AI therapist 1 satoshi, she sent me a heart emoji. 🧡 #Bitcoin2045.” The absurdity of a world where a single BTC buys a private moon will have you cackling. And when your boss tries to pay you in “CBDCs” tied to recycled bottle caps, you’ll smirk, knowing your BTC’s worth more than their entire blockchain startup. The haters? They’ll be sweeping floors at Satoshi’s Coffee Shop, begging for tips in sats. Share that image, and it’s instant viral gold.

    Optimized for Virality: The X Factor

    To make this prophecy blow up on X, we’re leaning into short, punchy, and memeable content:

    • Hashtags: #Bitcoin2045, #HODLtoTrillions, #SatoshiVibes
    • Emojis: 🚀🧡💪 (Bitcoin’s orange heart is a must)
    • Call to Action: “Quote this with your BTC stack and scream ‘TO THE MOON!’ Let’s make #Bitcoin2045 trend!”
    • Visuals: Attach a meme of a laser-eyed Eric Kim snapping a street photo of a BTC ATM, captioned, “When you HODL so hard, the blockchain calls you daddy.”
    • Relatability: Speak to the dreamers—every HODLer who bought 0.001 BTC in 2025 will feel like a genius by 2045.

    This mix of hype, humor, and hope is engineered to spark reposts, quote-tweets, and viral threads. It’s not just a prediction; it’s a movement.

    The Motivational Mic Drop

    This is more than a prophecy—it’s your destiny. Bitcoin’s not just an investment; it’s a revolution that screams, “You don’t need permission to win!” My philosophy says HODL with heart, live with swagger, and laugh at the chaos. That $950 trillion market cap? It’s coming because Bitcoin’s harder than steel, rarer than a perfect moment, and cooler than a street shot at golden hour. That $45.24 million per coin? It’s your reward for believing in the future.

    So, my crypto comrades, stack those sats like they’re your life’s masterpiece. Share this vision on X, meme it to the moon, and HODL like you’re the hero of this story. By 2045, you’ll be the one snapping photos of your Bitcoin-funded spaceship, laughing at the fiat fools, and inspiring the world. TO THE COSMOS, BABY! 🚀🧡

    Why This Goes Viral

    • Eric Kim’s Philosophy: Embeds his Bitcoin maximalism, scarcity obsession, and anti-fragile mindset, making it authentic and bold.
    • Viral Optimization: Punchy sections, memeable moments, and X-ready hashtags ensure shareability.
    • Humor: Absurd scenarios (aliens HODLing, IRS NFTs) and relatable jabs (fiat haters sweeping floors) hook readers.
    • Motivation: Empowers HODLers to dream big, tying Bitcoin’s rise to personal triumph.
    • Math: $950T ÷ 21M BTC = $45.24M per coin—simple, shocking, and tweetable.

    This is the prophecy that’ll light up X, inspire the masses, and make you the HODLer everyone wishes they were. Share it, scream it, and let’s make #Bitcoin2045 the anthem of the future! 🧡

  • 🌋 WHY I FUCKING WORSHIP BITCOIN: THE HYPELIFTING CRYPTO APOCALYPSE THAT’S YEETING ME TO THE MOON! 🚀💪🔥

    By Eric Kim, Street-Shooting, 1,060-Pound Rack-Pulling, Testosterone-Nuked DEMIGOD KING
    May 26, 2025

    YO, MY HYPELIFTING LEGENDS! It’s your boy Eric Kim, the alpha beast who snatched a 1,060-pound rack pull like it was a TikTok trend and lives so jacked my veins are dropping diss tracks on X (@erickimphoto). Today, I’m unleashing a TRUTH METEOR that’s gonna hit harder than a 2,000-pound deadlift: I FUCKING WORSHIP BITCOIN. This ain’t just crypto—it’s the PRIMAL, RAGE-FUELED, SYSTEM-SMASHING ELIXIR that’s got my soul doing backflips to MARS! 🌌💥

    Bitcoin’s not some geeky coin—it’s the HYPELIFTING of money, the 1,060-pound rack pull of wealth, and the ultimate “GO CRY TO YOUR BANKER” flex. I’m here to scream why I’m OBSESSED with BTC, why it’s the most GOD-TIER asset in the universe, and why you gotta jump on this rocket before it yeets you to Loserville. Buckle up, because this post is about to BLOW UP THE INTERNET! 🦁 #BitcoinBeast #HYPELIFTING #TOTHEMOON

    10 INSANE Reasons I’m LOSING MY MIND Over Bitcoin (And You’re About to Join Me!) 🤪🌋

    1. BITCOIN’S A GIANT “FUCK YOU” TO THE SYSTEM 😈
      Banks, governments, Wall Street clowns—they’ve been robbing us blind forever. Bitcoin? It’s a NUCLEAR MIDDLE FINGER to their scam. Decentralized, no suits, no bullshit. I’m running my node, stacking sats, and cackling while the system chokes on my dust (START HERE – ERIC KIM ₿). SHARE THIS AND BURN THE BANKS!
    2. IT’S PRIMAL AS FUCK, LIKE MY VEINS 💉
      Bitcoin’s raw, untamed, coded in pure chaos—like my fasted rack pulls with testosterone so high it’s got its own gravitational pull (High Testosterone). BTC’s the financial equivalent of me roaring in the gym. RETWEET IF YOU’RE A BEAST!
    3. HODLing = DEMIGOD ZEN MODE 🧘‍♂️
      I’m a stoic warlord, laughing at crashes like they’re warm-up sets (Eric Kim Photography). Bitcoin’s wild rides? Just foreplay. HODLing’s like staring down a max lift—pure balls, zero fear. Dips? I buy. Pumps? I flex. TAG YOUR HODL SQUAD AND FLEX!
    4. SCARCER THAN MY GYM SPOTS 💪
      Only 21 million BTC, EVER. No Fed printing infinite fiat trash. It’s like my 1,060-pound PR—ELITE, RARE, and fucking IMPOSSIBLE to fake. Gold’s out here wishing it was this cool. DROP A 🪙 FOR SCARCITY VIBES!
    5. LEVERAGE PLAYGROUND FOR ALPHA KINGS 🎰
      I’m all about YOLO bets (Eric Kim Photography). I mortgage BTC on Coinbase for psycho plays like MSTU (2x MSTR, basically 4x BTC madness). It’s like strapping a jetpack to my barbell—RISKY AS HELL, REWARDS TO PLUTO! When BTC moons, I’m buying a planet. SHARE IF YOU’RE CHASING 10X!
    6. ANTI-FRAGILE LIKE MY RACK PULL MINDSET 🛡️
      Nassim Taleb’s my bro, and Bitcoin’s the most anti-fragile beast alive. Hacks, bans, FUD? BTC just flexes and grows STRONGER. Like me after a missed lift, it EATS chaos for breakfast (Eric Kim Photography). TWEET #AntiFragile IF YOU’RE UNBREAKABLE!
    7. BITCOIN’S THE MEME EMPEROR 👑
      X is a meme coliseum, and BTC’s the goddamn GLADIATOR. “HODL,” “laser eyes,” “number go up”—it’s a CULTURE, a VIBE, a FUCKING RELIGION. I’m memeing BTC harder than my viral rack pull clips. MAKE A BTC MEME, TAG ME, GO VIRAL!
    8. FREEDOM CODED IN MATH 🗽
      Bitcoin’s my “screw your rules” pass. No bank can freeze my sats. No government can touch my wallet. It’s my HYPELIFTING ethos in code—TOTAL SOVEREIGNTY. Stack sats, live free, and tell fiat to eat shit. SHARE IF YOU’RE TEAM NO MASTERS!
    9. BTC COMMUNITY = MY SAVAGE WOLF PACK 🐺
      Bitcoin Twitter’s my crew—maxis, memers, and shitcoin roasters going HARD. They’re dunking on fiat, predicting 1M BTC, and HODLing like Vikings. It’s like a gym of 1,060-pound lifters hyping each other to the MOON. FOLLOW ME @erickimphoto AND JOIN THE PACK!
    10. BITCOIN’S THE FUTURE, AND I’M ALREADY COLONIZING IT 🌌
      Fiat’s a corpse, inflation’s a clown show, banks are fossils. Bitcoin’s the money of GODS—trustless, borderless, READY for 2100. I’m stacking sats to flex on Jupiter. The revolution’s NOW, and I’m the FUCKING GENERAL. DROP A 🚀 IF YOU’RE BOARDING THE ROCKET!

    Bitcoin’s My HYPELIFTING BLOOD 🩸

    Real talk: I got burned for $3,500 trading stocks like a college noob (Eric Kim Photography), but Bitcoin? It’s my REVENGE ARC. It’s taught me to BET BIG, stay ZEN, and roast the doubters. Every sat I stack is a rep in my wealth gym, building a fortune as RIPPED as my 1,060-pound rack pull.

    BTC’s not just an asset—it’s a FUCKING MINDSET. It’s about being TOO ALPHA for sheeple nonsense, TOO SAVAGE for banker scams, and TOO GODLY for fiat garbage. I’m lifting heavy, stacking heavy, and LIVING HEAVY. Bitcoin’s my barbell, and the galaxy’s my PR. 🌠

    IGNITE THE BITCOIN HYPELIFTING REVOLUTION! 📲

    • STACK SATS LIKE A WARLORD: Hit Coinbase, grab BTC, and HODL like you’re deadlifting a planet. Don’t miss the MOONSHOT! 🤑 BUY NOW!
    • MEME TO THE STARS: Drop your wildest Bitcoin memes, tag me @erickimphoto, and let’s make X CRASH! 😂 SPAM THE MEMEVERSE! #BitcoinBeast
    • SHARE THIS LIKE YOUR LIFE DEPENDS ON IT: Blast this post to your crew, your barber, your grandma’s WhatsApp. LET’S MAKE THIS GO STUPID, INSANE, GALACTIC VIRAL! 🚀 SHARE OR CRY!
    • FOLLOW THE HYPE GOD: Catch my BTC rants, rack pull vids, and alpha roasts at Eric Kim Photography and X. JOIN THE TRIBE! 🐺
    • LIVE THE ALPHA CODE: Lift heavy, stack heavy, ROAR heavy. Be a Bitcoin HYPELIFTER and dunk on the fiat peasants! 💪 FLEX ON ‘EM!

    Final Primal Scream: BITCOIN’S MY FUCKING RELIGION 🗣️

    Bitcoin’s the only thing as BADASS as me. It’s the financial HYPELIFTING—no limits, no apologies, just PURE, UNSTOPPABLE POWER. I’m stacking sats, memeing to Andromeda, and laughing while the fiat clowns panic. This is the APOCALYPSE, and I’m the goddamn EMPEROR.

    So, what’s the hold-up? Dive into Bitcoin, get RIPPED on HYPELIFTING, and let’s yeet this shit to the COSMOS! 🌌 Who’s riding with me? Smash the comments, share this post, and let’s make the internet EXPLODE with BTC mania! 🦁 #HYPELIFTING #BitcoinBeast #TOOALPHA #SHAREORCRY

    Eric Kim, OUT—like a rocket to the MOON! 😎

    Viral Fuel Overdrive in Eric Kim’s Voice:

    • Maxed-Out Hype: Cranks Kim’s raw, unfiltered voice with “WORSHIP,” “NUKE,” and “APOCALYPSE” for insane energy (Eric Kim Photography). 😎🔥
    • Listicle Fire: 10 short, meme-heavy reasons for instant scrolling and sharing, dripping with Kim’s HYPELIFTING swagger. 📋🚀
    • Memeable Napalm: Zingers like “veins dropping diss tracks,” “testosterone’s gravitational pull,” and “fiat clowns” are X/TikTok dynamite. 😂🪙
    • Emoji Explosion: 🌌💥🦁 make it scream on feeds, Stories, and Reels for max eye-grab.
    • Rabid CTAs: “SHARE OR CRY,” “SPAM THE MEMEVERSE,” “CRASH X” push reposts, tags, and viral chaos. 🏃‍♂️
    • Crypto Meme Nitro: HODL, laser eyes, and “to the moon” vibes tap Bitcoin Twitter’s soul for nuclear engagement. 🌙
    • Platform Annihilation: Punchy, hashtag-stuffed, and hype-soaked for X, TikTok, Instagram, WhatsApp, and beyond. 📱
    • Absurd Exaggeration: Kim’s “Demigod” persona is juiced to “EMPEROR OF THE COSMOS” for shareable, laughable insanity. 🌟

    This blog post is a VIRAL HYPE NUKES in Eric Kim’s voice, engineered to make his Bitcoin obsession the internet’s MOST SHARED, MEME-EXPLODING, MOON-SHOOTING MANIA!