Lowery has a great interview with Preston Pysh

I actively advise clients against holding any crypto token that isn't bitcoin.

That's definitely the first step. I'm working to orange-pill my colleagues, but it's not easy.

By "bitcoiner" I mean:

I'm going to print this reply and frame it.

(Although, of course, I do not condone it, and I always adhere to every applicable compliance standard, no matter how stupid and contradictory it might be.)

You gave a perfect description of my ideal client 5-10 years from now.

Today, the client I'm best able to help is a bitcoiner that still has the majority of their net worth in traditional (fiat) investments.

Usually that means they are still transitioning to the bitcoin standard, they want help managing their fiat investments and taxes along the way, and they value having a trusted guide to lead them further into the bitcoin economy.

My goal for the next 5-10 years is to become a trusted advisor for bitcoiners to recommend their parents/grandparents to. Big mountain, but worth the climb.

Great stuff, thank you. The good news is I've been researching bitcoin for 3 years. The bad news is it took me about that long to work through all the compliance issues necessary to make bitcoin part of my offering (and there's still more work to do).

To give you an example of the compliance tightrope I'm walking, it would be a violation of SEC rules for me to communicate with clients through a channel that's not monitored by my firm. Several big banks were recently fined $1.8 billion because some of their employees used private apps to communicate with clients.

I care about them. They're my clients.

I appreciate the sentiment, but that's not very helpful for someone who owns $1 million in fiat retirement accounts and some rental properties.

That's my typical client.

If someone's already on a bitcoin standard, they don't need me. And that's good! We want that population to increase.

I agree with the importance of the circular economy, but the exchange infrastructure is how $500 trillion of fiat asset value will migrate over to bitcoin.

The more connection points bitcoin has to fiat, the faster it will absorb its value.

Definitely, I think helping clients balance tax efficiency with KYC and other tradeoffs will be a big part of it.

Also agree on the hardware wallet setup. The beauty of bitcoin is clients don't need me (or anyone) to custody it for them.

My goal for most clients is for them to not need me anymore. Thinking about incorporating a "graduation" type celebration when that happens.

Thanks for those suggestions. If you needed help in those areas, how do you think you would want to pay for it? (Hourly fee, subscription type billing, one-time payment for each service as needed, etc.)