Twas a DM bruh. It's all good. Relays could have cock blocked. Dunno. Im butt hurt but still love jack mallers (nprofile…6dtc). Landed with River for now.
However, still trying to sort out qualified account (IRA, ROTH, 401k) custody risks, which are not as scary as they were a year ago. Folks who have been self directing they're qualified account funds into BTC are at risk of specific IRS guidance and/or legal precedent (see McNulty case on Gold) preventing the trustee from taking custody and triggering penalties. Unchained has done some outstanding work on this front but their solution is you do a 2 of 3 and park one with Solera Bank (gross). If anything changes, Unchained's compliance reports it to the tax man and this satisfies the requirements. Bottom line is the man wants to know when you move your qualified account shit around and they dont trust you to do it yourself as the trustee. We need jack mallers (nprofile…6dtc) or River (nprofile…ys9t) or nprofile1qyv8wumn8ghj7ct99ec82unsd3jhyetvv9ujucm0d5q32amnwvaz7tmwdaehgu3wvekkzu3wd35ku6cqyr57fxv6h0sxkkj85th94kf3mrdxhypw63qvlruwr4fmn3xqgex9u5a4mx9 (nprofile…4mx9) to provide an acceptable self directed qualified account custody structure that we can eventually get leverage against. If this gets critical mass, I could take it to my friends who have the ear of guys like Frank Destra at UBS. These institutions won't build it. They'll just use Custodia. I want the acceptable custody arrangment from strike (nprofile…m2qp) or River (nprofile…ys9t) or nprofile1qyv8wumn8ghj7ct99ec82unsd3jhyetvv9ujucm0d5q32amnwvaz7tmwdaehgu3wvekkzu3wd35ku6cqyr57fxv6h0sxkkj85th94kf3mrdxhypw63qvlruwr4fmn3xqgex9u5a4mx9 (nprofile…4mx9) and the leverage from UBS. Feel me?
Marinatin
npub1yz…ykry5
2025-06-04 18:57:43 UTC
in reply to nevent1q…2dpz
Author Public Key
npub1yzgn6aywvjac00kzktrlnkn22nd2ka9ts0h72gjf3pupxk8vzueq7ykry5Published at
2025-06-04 18:57:43 UTCEvent JSON
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"content": "Twas a DM bruh. It's all good. Relays could have cock blocked. Dunno. Im butt hurt but still love nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzp382htsmu08k277ps40wqhnfm60st89h5pvjyutghq9cjasuh38q7t6dtc. Landed with River for now. \n\nHowever, still trying to sort out qualified account (IRA, ROTH, 401k) custody risks, which are not as scary as they were a year ago. Folks who have been self directing they're qualified account funds into BTC are at risk of specific IRS guidance and/or legal precedent (see McNulty case on Gold) preventing the trustee from taking custody and triggering penalties. Unchained has done some outstanding work on this front but their solution is you do a 2 of 3 and park one with Solera Bank (gross). If anything changes, Unchained's compliance reports it to the tax man and this satisfies the requirements. Bottom line is the man wants to know when you move your qualified account shit around and they dont trust you to do it yourself as the trustee. We need nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzp382htsmu08k277ps40wqhnfm60st89h5pvjyutghq9cjasuh38q7t6dtc or nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqgp4kg7dqtfdwhj4em3clhhzd0yz78g460y4szqqkp9smghdkaghaglmys9t or nostr:nprofile1qyv8wumn8ghj7ct99ec82unsd3jhyetvv9ujucm0d5q32amnwvaz7tmwdaehgu3wvekkzu3wd35ku6cqyr57fxv6h0sxkkj85th94kf3mrdxhypw63qvlruwr4fmn3xqgex9u5a4mx9 to provide an acceptable self directed qualified account custody structure that we can eventually get leverage against. If this gets critical mass, I could take it to my friends who have the ear of guys like Frank Destra at UBS. These institutions won't build it. They'll just use Custodia. I want the acceptable custody arrangment from nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgdwaehxw309ahx7uewd3hkcqpqex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jqjrm2qp or nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqgp4kg7dqtfdwhj4em3clhhzd0yz78g460y4szqqkp9smghdkaghaglmys9t or nostr:nprofile1qyv8wumn8ghj7ct99ec82unsd3jhyetvv9ujucm0d5q32amnwvaz7tmwdaehgu3wvekkzu3wd35ku6cqyr57fxv6h0sxkkj85th94kf3mrdxhypw63qvlruwr4fmn3xqgex9u5a4mx9 and the leverage from UBS. Feel me? ",
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