Available on Amazon here: https://www.amazon.com/dp/B07W7VZBLL
Or for buying for 20% less buy paying with Bitcoin through this storefront go here.
In order to teach entrepreneurs how to follow the Tao of Bitcoin Banking we’ve used language, imagery, and metaphors taken from the nautical realm in order to craft a strategy designed to balance the opposing forces of public commerce with private finance. Viewing the crypto seas through the lens of the Tao provided by the imagery of the Yin & Yang symbols, to craft a navigational guide that allows Bitcoin Bankers to find their way along a pathless path surfing volatile waters. Order here for a 20% discount below the price on Amazon.
As much as possible the author has attempted to communicate with non-technical language an operational paradigm designed to balance Public commercial trading with Private personal banking operations. By teaching beginner, intermediate, and experts how to do so through tactical application of nearly 200 Bitcoin banking tools, taking form as platform accounts, hardware, and software. Suggesting that Bitcoin banking can most effectively be accomplished safely by following the Tao which cannot be spoken, but must be uncovered by doing your own research. This book is merely a means to speed you on your way and direct the ongoing research into economics, cyber security, and privacy protection that will last a lifetime.
Learn how to strategically operate your self-banking operations on dedicated, eternally quarantined, crypto banking hardware, the tools used to manage risks in the seven main categories of concern:
- Communications, when money becomes a form of language, encrypted communications matter!
- Custody, with no chargebacks, no third parties to be trusted, and no regulatory oversight, understanding of the many solutions for securing your own crypto keys becomes paramount.
- Clearance, self-verification of balances and settlement of transactions falls upon the users when there is no trusted intermediary.
- Compliance, regulatory risk and tax liabilities are best addressed prophylactically from the beginning, rather than as a retro-actively applied remedy.
- Credit, can be crowdsourced, self-issued, or acquired on centralized platform or a p2p basis, either to increase risk and rewards or to decrease risk and losses.
- Crypto security, cyber-security solutions with added encrypted key management tools, tactics, and strategies to mitigate risks of data loss, degradation, or theft.
- Countertop operations, brings all the other six concerns together in practice, whether done remotely or F2F.
By successfully managing all these concerns you can achieve true ownership of your business content, business banking operations, and distribution channels for each of these concerns by becoming monetarily multi-lingual. The 1st six concerns all come together into practice in the seventh concern; when making a table-top trade in person or a remotely executed trade only, there will be different protocols, tools, and security tactics for each method.
Either way, the desire to trade, the amount of the trade, and the price of the trade needs to be privately communicated. A secure custodial tool must be used, both to send and receive the trade. Depending on the amount, various compliance protocols may, or may not be required. Both businesses and individuals will occasionally have need of the tax benefits and the liquidity that the crypto-credit solutions may enable without causing Fear-Of-Missing-Out due to shrinkage of the desired HODL position. Lastly, both cyber and crypto-specific operational security protocols, tools, platforms, and tactics are needed for security of Face-to-Face and online transactions.
By virtualizing our capital we all can enable free-exchange of wealth without permission, censorship, or fear of confiscation when transporting capital on the international waters of the crypto seas. The right tools for addressing each concern must be properly applied in order to enable safely coordinate operations in the most secure manner. Enabling a Bitcoin Banker to successfully self-custody “virtual convertible currencies” without loss, or theft, of funds . A boat, compass, map, and sextant will not keep a new Captain from becoming lost at sea if they do not know how to properly use them in an integrated manner.
New crypt Captains CAN realize for themselves the new possibilities now available; of having not only a bank account, but a bank AND a crypto exchange on your mobile devices. IF you learn how to safely use the new tools that allow for easy liquidity enabling capital flow between locations, asset classes, & individual assets. Thus becoming capable of moving your capital without concern for arbitrary national borders, hour of the day, or day of the week. Effectively becoming an international merchant mariner, surfing the crypto seas, as you follow the Tao of Bitcoin Banking.
The organization of these tools and the communication of suggestions for their use is motivate by the great quote from one of the author’s favorite books. Taken from “Animal Farm” by George Orwell, the quote spoken by the Fascist Pig Dictator aptly describes our current world,
“All animals are equal, but some animals are more equal than others”
This reality has manifest in the financial realm through fractional reserve banking, as a few privileged private entities have been granted the ability to create debt-notes at will and charge for the service of doing so. Meanwhile the productive working classes must trade time, sweat, blood, and creativity to earn what we call “money”, which may more accurately be called “currency”, as “money” holds its value over time.
Big government and big corporations are feeding off the value created by mining the data of the individual.
Defending oneself against the international surveillance state requires disciplined use of the proper tools designed for the job of protecting our data. These defenses are most effectively exercised prophylactically from the very start of operations; not implemented after the ship has already left the dock with the parasitic stowaways on board. Privacy is hard won, easily lost, and often once lost, never regained. Usually costly mistakes are made at the beginning of the journey or in the preparations, or lack thereof, made before departure.
The economics of violence have changed with the arrival of Bitcoin, no amount of physical force can solve a cryptographic math problem. Brains now beat brawn. As the superior numbers and firepower of the majority are now outmatched by mathematical tools used intelligent individuals; those that know how to properly protect, arrange, and exchange their Satoshis.
This book has been designed to strengthen the human element, the weakest link in the Bitcoin protocol. Doing so by expounding on the maxim “Don’t trust, verify!”, in order to prepare you for your entrepreneur’s journey into the uncertain, unsupervised, and unstable crypto seas. Suggesting a way for aspiring crypto Captains to find the pathless path of the Tao of Bitcoin Banking.