Cross-Cutting Controls — The Always-On Layer Regardless of whether you are executing through a third party, holding Bitcoin keys in a vault, or settling Solana transactions at three in the morning, certain capabilities must operate continuously across every phase and every asset. These are not afterthoughts. They are the connective tissue
Roadmap to Multi-Asset Expansion With Bitcoin custody and your twenty-four-hour portal operational, the natural next step is to meet client demand for Ethereum, Solana, and eventually a broader universe of tokens. This is not simply a matter of switching on new trading pairs. Each blockchain introduces distinct infrastructure requirements, cryptographic
Phase Three — The 24/7 Client Portal By this stage, your institution has resolved the foundational question of where Bitcoin lives. Whether you custody in-house through multi-signature cold storage or continue to hold assets with a qualified third party, you now need to give your clients a front door that
Phase Two — In-House Bitcoin Custody Moving from third-party custody to an in-house solution is the moment your institution crosses from being a distributor of digital asset services to being a true fiduciary for them. In Phase One, you relied upon partners to safeguard the private keys that control client Bitcoin.
Phase One — Execution with Third-Party Custody The immediate goal is straightforward: begin offering Bitcoin execution and custody access to your existing client base within three to six months, without ever holding a private key on your own infrastructure. In this phase, your institution acts as the trusted client interface while
Strategic Foundations & Operating Models - Leveraging Incumbent Advantages and Mapping Knowledge to the Right Entry Point 1.1 The Incumbent’s Hidden Advantage: You Are Not Starting from Zero For banks, broker-dealers, trust companies, and wealth managers, the single greatest asset in launching digital asset services is not capital—
There is a lot of noise about “quantum apocalypse.” Most of it is overstated, but the underlying threat model is real. Below is a concise map of what breaks, how, and what comes next. Treat qubit counts as directional guesses—this field moves fast. The Two Algorithms That Matter * Shor’
In the name of Satoshi the most hidden. The most beloved & the most despised. Presented, herein, are nuggets of past few weeks of tribalism (with few historical facts peppered in), and peak bitcoin & generic crypto hatred Paul Krugman, tweeted on Nov 23 2022: Everything about crypto-currencies is fraudulent.
So many titles I could give to this note today * reflexive up & reflexive down....reflexive in jail... * super cycle to zero... * novogrets.... Novogratz goes to CNBC and quotes a tweet (from a parody account) about El Salvador asking for Sam to be extradited as a fact!! * brick or treat.
Somethings are pure coincidence and somethings are daydreams coming true. First crypto bear market I met my partner. Second bear market we had our first child. Now third bear market second child arrived. In reality there is no pattern to this except bear markets are time to go spend more
Its funny in ways that my time wasting antics of youth are now leverage-able in the saga that is ETH merge. I used to spend nights playing StarCraft ladder games against mostly Korean players; me getting beaten nearly every single time. Yet those story lines are a welcome noise in
Having the extended family in farming across me & my partner's side is great for having opportunities for hands-on nature adventures for a non-green-fingered moi. However, those farmers within this family sphere who are monetarily less fortunate also then become our struggle. In some ways the below is
Wakey wakey, William Albert Ackman - shill me more hell on CNBC please. The doors to the heavens have been closed shut and crypto whales are publicly admitting their own losses. Someone I have known since 2014 just now (18 Jun) puked a huge chunk of their BTC holdings in
Is my Mac learning from the randomness of my written musings? The original title of this note was going to be "Silence of the bids" but then i noticed the touch bar on the Mac was proposing me 3 random words. I decided to pick Cycles as the
disclaimer: I started this off as a thought on current market and where we are heading but as I finish it I feel in my quest to explain my thinking I have turned it into an autobiography!!!! I apologize in advance if anywhere I sound pompous as that wasn'
Cycles of narratives within the crypto world are not so different than those within the physical world. Its especially obvious if we are to compare crypto narratives to political campaigns. As I write the world's 5th populous country, Pakistan, has just had its Prime Minister dethroned. His position
Arthur, my sometimes ambivalent and other times pompous guru wrote recently about the correlation 1 moment that he feels is probably coming. He has hinted towards it a number of times previously however for once I wonder if he is waiting for an Armageddon that may not arrive; or if
Must start with acknowledging the sad fact of us living through yet another war while many in the 2nd & 3rd world have not yet ended. I hope & pray this one ends soon. Over past two weeks there have been many mentions of sanctions evading capability that crypto provides;
This weeks Market Huddle episode with Kris Sidial reminded me about Decentralized Option Vaults (DOV) that a few market making firms (e.g. QCP Capital) are having a very fond time taking the other side off. The crypto world seems to have given the volatility bug to tradFi markets (e.