I just publicly asked our CFO whether he's considered allocating some of our company treasury to Bitcoin. I referenced counterparty risk related to banking liquidity and potential bank bail-ins.
He's very aware of the SVB issues and has already had to take some actions with regards to that.
However, the company I work at is generally quite normie with regards to finance, and I've already got a lot of 😅 reactions mocking my question.
I don't want to be overly confrontational, since this is where I work. I also don't expect the CFO to respond enthusiastically, or at all. But, I'd like to post something simple and clear that some may read and at least consider.
Some challenges:
- should not be a source trying to sell something in the actual article
- should not be trying to make the case that its an investment that will go up by X times or whatever. I just want to make a clean case about why this is prudent risk management.
- should not be obviously rejectable: "lol Bitcoin crashed 50â„… since that was published" or "lol MicroStrategy is down X% already"
- should specifically mention counterparty risk
- should not be a video or podcast - people at my company prefer to read
I tried to find some things from NYDIG, Fidelity and Unchained but none quite hit the mark. I already shared bitcointreasuries.net.
Will give bounty to best single article / report shared, and send some sats to others. Thanks for the help!
10,000 sats paid