Basilic

Prosperity with Purpose

Basilic Financial is a wealth management firm built to help our clients find balance between money and meaning.

[Wyatt O'Rourke @wyattorourke_]

Stoked to be speaking at The Bitcoin Conference this year

If you were looking for a reason to go, now you got one!

I'll be joined by some great panelists to talk about The Bitcoin Paradigm Shift: Impacts on Productivity, Quality of Life & Society

[Wyatt O'Rourke @wyattorourke_]

'The Bitcoinization of Finance' - Chapter 4, Proof of Work's Role in the Real Economy  🚂 🛠️

Real economies build; fake ones bubble

[Eli Nagar @EliNagar]

Just landed in my hands: "The Bitcoinization of Finance".

Special edition (1/100) printed exclusively for Texas Energy & Mining Summit.

Essential reading. Let's go!

[Wyatt O'Rourke @wyattorourke_]

How does bitcoin affect quality of life?

When money is manipulated, It deprives us of accurate market signals, eroding our ability to make informed decisions.

We lose our God given gift of free will.

This violation runs deep. Let’s explore its impact.

[Wyatt O'Rourke @wyattorourke_]

Bitcoin custody is evolving. Key agents are trusted partners in a multisig framework, securing keys without unilateral control.

This shrinks risk surface area and boosts security. Let’s break it down. 🧵👇

[Wyatt O'Rourke @wyattorourke_]

'The Bitcoinization of Finance' - Chapter 2 A Blueprint for Free Markets 💵 🛣️

[Wyatt O'Rourke @wyattorourke_]

The global fixed-income market is estimated at 140T

These investors often have mandates or need for predictable payments

Financial products like bonds, credit funds, and interest-payable in btc are crucial for these investors to get exposure to bitcoin as the underlying asset

[Wyatt O'Rourke @wyattorourke_]

Friend asked me how to earn yield on btc-

Easy to earn yield on dollars via BTC exposure of some kind. Harder than you think to earn yield on BTC itself.

Most yield in "crypto" is fake. Straight scam or unsustainable VC money

Here is the best example imo from @meanwhile BTC Private Credit Fund LP

Fully denominated in BTC
Fees charged in BTC
Treasury held in BTC
Interest paid in BTC
Loans made in BTC
Investors paid back in BTC

Any other arrangement likely includes selling BTC for dollars and earning dollar denominated yield

[Basilic @Basilic_LLC]

New blog post!

We're digging into Multisig and the role of key agents in a network of keys.

Check it out
https://t.co/9DAbEZjKy4

[Wyatt O'Rourke @wyattorourke_]

Thrilled to announce I have written ‘The Bitcoinization of Finance’ with Braiins

Worked my ass off to build a business in bitcoin. This book is a continuation of that effort

Want to give back to the bitcoin community, serve clients, and help financiers embrace bitcoin

[Wyatt O'Rourke @wyattorourke_]

Great trip and experience at #Bitcoin2024

Bitcoiners are some of the best people in the world. Incredible group of builders and thinkers.

Takeaways from my first @TheBitcoinConf 👇

[Basilic @Basilic_LLC]

U.S. Debt Just hit an all time high passing $35T after it hit the previous all time high in January '24 crossing $34T

It only goes in one direction

Schedule a consultation to learn how you can navigate high debt environments

https://t.co/ZhHwjl2gIS

[Basilic @Basilic_LLC]

By enhancing the overall compensation package, advanced retirement plans serve as strategic tools for attracting and retaining top talent, which can lead to increased productivity and reduced turnover rates.

Schedule a consultation to learn more. https://t.co/vfEHQGh3O7

[Basilic @Basilic_LLC]

Advanced retirement plans, like Cash Balance Plans and Profit Sharing Plans, are sophisticated arrangements that can be used to achieve various types of financial goals in different business contexts.

Schedule a call to see how one can help your business https://t.co/vfEHQGh3O7

[Wyatt O'Rourke @wyattorourke_]

Persistent inflation underscores the limitations and often the failure of central planning.

Policies aimed at controlling economic variables through monetary manipulation have repeatedly led to economic distortions, boom-bust business cycles, and unintended consequences

[Basilic @Basilic_LLC]

The design of Cash Balance Plans can encourage higher savings rates among employees. The plan’s benefit structure will clearly state the accumulation of benefits over time, providing employees with a tangible understanding of their retirement trajectory. Learn how we can help your business and employees https://t.co/bgNGDjWUgI

[National Debt Tweets @NationalDebt]

$34,911,647,554,064.35 (+) #NationalDebt

[Wyatt O'Rourke @wyattorourke_]

Start of the RNC today and finally a refreshing take by the Republican Party here

For too long they just complained about the left as opposed to offering solutions

Incredibly important that a major American political party is championing #bitcoin and a sound money standard

[Basilic @Basilic_LLC]

The IRS plays a pivotal role in regulating retirement plans through its tax codes. These guidelines are essential for defining the taxation of contributions, investments, and distributions from retirement plans. Learn how a retirement plan can help your business mitigate tax liabilities. https://t.co/bgNGDjWUgI

[Basilic @Basilic_LLC]

The Employee Retirement Income Security Act (ERISA) of 1974 sets the standard for qualified plans in private industries. Understanding ERISA’s stipulations is crucial for both employers and employees to ensure retirement plans are secure and operate fairly. We can help. https://t.co/bgNGDjWUgI