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This is a real question. I can manage some invest for the company, but it is not allowed to buy BTC. The only option is a BTC Spot ETF. Which one do you suggest and why?
none. If you do not buy real BTC you better don't buy anything else. ETFs are a fucking big scam.
If that company is so dumb to not have BTC as reserves and also start paying employees from that reserve, then you better find another place.
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99% of companies are dumb then because they don't have btc, but btc adoption for coporation is slower than individuals. First you need to buy btc and register that purchase. then have a legal department, compliance, account management, accountancy for valuation, manage lost sats during tx, etc.
So if a company wants a non-custody btc option, like its already having non-custody stocks, bonds, accounts, what shall it do?
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Bitcoin is CASH in accounting. That's all. You declare as "cash reserves". Is none of anybody else business what you do with your own money.
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