Base Layer Capital's avatar
Base Layer Capital
npub1j6hg...l67v
Hard money. Cold storage. Structured Yield. Bitcoin eats TradFi.
So democrats...Joe Biden...sold off the nations wealth because Trump supported it. I hate politics but I know where my vote will never be going...
Seed phrase + password + time lock == State can fuck off. #Bitcoin is lmmutable freedom technology
Use an LLC for any asset that could generate long term capital gains. Use a C-corp with base salary for everything else as long as it can produce more income than your salary. LLC taxed at your rate... C-corp taxes at 21%... So if you generate a lot of revenue in an LLC you will be taxed at 30% effective rate!! Let your LLC wholly own the C-corp. LLC can then borrow against Bitcoin or other assets and loan cash to C-corp. LLC can deduct loan interest as long as loan is an investment... so loan to c-corp with fair interest rate. LLC pays tax on interest payment, but now the loan is fully deductible by the LLC and interest payment by the C-corp. C-corp deducts your salary, interst payments, health insurance, gym membership, etc etc. Then it only pays 21% tax in the remainder..allowing your business to grow much faster with less tax drag. Downside? You gotta keep clean books and pay 2 corporate filing fees.. Anything I'm missing here?
#Bitcoin and chill. Chuck roast and Pork Butt on the smoker. Cold beer and a hammock. Live is good. image
Holy Crap...STRK up 14.64% for the day. MSTR prefered shares crushing it today. All of that capital is going to buy #Bitcoin...
I'm thankful we don't have .eth heads all over Nostr like I used to see on Twitter
Tried something new today. Cubed chicken breast. Wrapped in Swiss cheese, wrapped in bacon. Seasoned and smoked to temp... This was a good experiment. Highly recommend it! image
BTC + volatility -> cash flow Cash flow funds income and Bitcoin aquisition. Your grow you Bitcoin stack (capital base) instead of rental properties. The stronger your capital base the more you can capitalize on volatility while also reducing risk. This is the product that is going to disrupt buying rental properties and rent seeking for retirement. We are building that product.
Life in a nut shell. If your not doing the fucking, then you are getting fucked.