21 Bitcoin TakeAways from the Last 90 Days
Here are my 21 takeaways from the last 90 days, including from conversations this past week at the Bitcoin Investor Week conference in New York:
1. Bitcoin companies need / will need software engineers, treasury officers, strategy officers, advisors, individuals who can sit on boards and individuals who raise capital, excellent communicators and client advisors.
2. The sooner you perform in public through writing and / or video the sooner and easier you will meet people to go along with you on your journey.
3. Attending events in person and interacting / networking with fellow attendees, vendors and speakers is not only fun, but fulfilling and a great way to learn and get a heartbeat on what’s going on.
4. Be someone everyone can trust to do what you say you’ll do and keep confidences to yourself.
5. Give yourself extra time to get where you are going. Be early. Ask what you can do to help even if you are not a volunteer. Volunteer yourself. Ask people if they need anything.
6. Private companies are planning to go public and put #Bitcoin on their balance sheet. Additional public companies will announce they are transforming into #Bitcoin Treasury Companies.
7. There has never been a better risk adjusted time to enter #Bitcoin - both from an investment and a business / career perspective.
8. If you are a top professional and are considering building a company in #Bitcoin you will be pursued by venture capital firms and / or other companies.
9. Listen to others with informed opinions and experiences but make your own decisions. Not all companies and projects are worth your time, some people are here for a quick buck or to borrow your idea. Don’t worry about it, keep building.
10. Be bright, be brief, be gone. Don’t hesitate to ask a question or let someone know you are new to this. Don’t hesitate to respectfully ask for an opportunity.
11. Always assume people are well intentioned. But don’t wait on any one person to build your future. People are busy.
12. Always ask both people before you facilitate an introduction. Don’t give out someone’s information without their consent. Respect everyone’s privacy.
13. The market can stay irrational longer than you can remain solvent.
14. Remain cheerful and constructive both online and in real life. Mute or block online if necessary. Excuse yourself and take a walk, eat a meal, work out, go home and sleep. It’s better to be absent than dilutive to relationships.
15. Say “ Thank You” when you receive a compliment.
16. You can build a $5 billion company in the #Bitcoin space without taking any outside capital. It’s already been done at least once.
17. We are early to the sophisticated #Bitcoin custody game. This will become more important and apparent as the #Bitcoin price continues to appreciate. For more information book a free consultation at
kotzmanhttp://www.onrampbitcoin.com/kotzman
18. We are early to the #Bitcoin Treasury game. Every company will eventually have #Bitcoin Treasuries, but not every company needs an internal Bitcoin Treasury Officer. For more information visit:
http://www.acropolistreasury.com
19. Do one thing every day. Be consistent. It really is a marathon.
20. Ask people out to a quick lunch or coffee.
21. Be visible. Write a book and put it on Amazon. Do things that scare you.