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Wise words as always
So a great usp for them is stacking for at least a year and then they could decide to stay in sats or convert with 0 tax implications
THANKS 😊 Optimism
I suppose one of the multiple variables that springs to mind is how do they store their sats, on chain is just as cluttered in options as lightning is, without describing all the options, it's important they start off with at least good decisions, it's who makes those decisions I suppose which is key
They are busy running a business, finding time to learn that spark is a bad idea, takes time
It's not just wallet choice. For an existing, compliant org, accounting is even more important and non-optional. So it can become really complicated, really fast.
What helps is if you've done this yourself or have helped someone else doing it prior, in a setting similar to those you're advising. Personally, I don't know enough of the administration of German registered associations (that's the e.V. in their legal name) to advice in detail, but this is a common form, so I expect there to be people that know.
Denomination issues between assets and liabilities are always an issue; I personally try to focus on business that can grow in a "sats in, sats out" way, or at least get a significant portion of their liabilities denominated in sats. So yes, MoE.
But, since this is a German org (judging by the country code in their IBAN) they would have more use for it as an endowment-like SoV solution than an MoE, because (for the time being), Germany has a 1-year hold period and after that cap gains are no longer taxed.
Since you cannot really do trusts in Germany (that's not a recognized entity type there) there aren't many other ways to do endowments, meaning that this could be an oppty for them. For example, securities are taxed at 25% cap gains no matter the hold period. I'd run this particular one from a SoV p.o.v., with of course the note that it's volatile af.