Okay, so you can't be in cash.
You're getting debased.
Gold is not cutting it.
Real estate is not what you
Bonds have negative real yields.
And if you're a larger
back to the shareholders.
You can get dividends.
You do mergers and acquisitions.
When you really, really look
none of it makes any sense.
It's not ideal.
And when you then present
incorruptible monetary system
24.7liquidity.
It has the best performance of
It's a commodity.
It's not a security.
You don't have the management
these kind of things that you
And listen, when you look at
like, wow.
Like, it's incredible, actually.
Welcome to the Business
The show dedicated to helping
business with bitcoin, the
I'm your host, Josh Friedeman,
who's the founder of
company that helps to onboard
On today's interview, we're
first steps they take to
and how you can get started
We're going to get to our
this.
Daniel, welcome to the podcast.
Thank you so much, Dallas.
It's a pleasure to be here.
So I like to start off every
that help us to get to know
us some insight for our own lives.
Are you ready for these?
Absolutely.
Question number one is this.
When and how did you first
Yeah, it's funny.
I actually, I got into bitcoin
boom and the whole crypto wild
And it was a big waste of time
between bitcoin and crypto and
my crypto.
When the bear market came, all
We dismissed it.
When I came back again in late
different space.
And that's when I delved into
things.
And that's where I think the
Question number two.
What's an insight or fact
understood?
Right.
I wish more people outside of
that Bitcoin is a technology
It is kind of difficult to
look at Bitcoin as some sort
or a coin or a stock, but it's
and protocol that solves a
And I think when you see it
how you kind of approach it.
And if someone were to ask you
solves as a technology, how
Perfect question.
I mean, fundamentally it
problem, the double spend
way of explaining that Bitcoin
power back to the people.
And it's a protocol that works
extension, human corruption.
Because anytime you give
very tempting to, to take
And Bitcoin is just for everybody.
Nobody controls it, and that's
And I frequently will tell
No corporation, no nation, no individuals.
And I just tell them, like, I
a very.
It sounds almost impossible to
this world, maybe you could
can be manipulated by someone,
be.
And I'll tell people, hey, we
for the sake of this
right now.
And this is why Bitcoin is so powerful.
Because going into some of
so much time.
We'll probably touch on some
because I know you probably
clients, but I just think it's
be controlled or in the long
We see the price fluctuations,
But such a powerful thing.
It's beautiful, in my opinion.
I think it's truly beautiful.
It's, it's a gift to humanity.
And that's what I, I would
it's not just something you
It's.
It's a paradigm shift in, in
Question number Three, what's
to other people?
It's the resource that got me
That's the.
The Sailor series with Robert Breedlove.
I mean, if stuff like that had
would have been very different.
A lot of people I know would
that kind of signal was not
that I ever noticed.
So, love that series can be
And I am the same way.
That's what got me to take
After having a couple
maybe didn't think knew what
sure people have thought that
But, you know, a couple
in my life.
But then it was the Sailor
bitcoin a little bit more seriously.
And it was.
By probably the third or
Now.
It's crazy.
Well, what I wanted to say is
people and a few people have
some of the episodes, but I
recommended it to has taken
because of it.
So I almost feel like it's the.
It's the.
The resource that I like the
but I've not found that it's
Have you had the same
When you've recommended it to
of a key for them.
Wow, that's.
That's a really good question
because I.
I do think it takes a certain
I mean, it what I like about it.
So I always studied history,
anthropology.
So when you have somebody like
with the Stone Ages and
and then you inevitably end up
That fit perfectly with my worldview.
But had I not had that
sent me that out of the blue,
over my head or just be a
So I've had some good results
actually be the best beginner resource.
Well, and that's the thing.
The question is, what's the
And there are a handful of Resources.
I know of someone locally
that helps get people from
There's a lot of content out
2 or 2 to 3 on the ladder.
Rung of, on the ladder of
But there's very little that
And there's this guy, I
was recently on TFTC that was
education.
I forget his name.
Most people listening to this
If not they can find it.
But do you remember who that was?
Slash.
Have you seen that yet?
I don't believe I do.
But that is exactly what we
formats of content that people
Very important.
Yeah.
Well, question number four is
What's a resource, tool or
your work recently?
Right.
I've recently started using a
really helping me in my work.
I think that would be my best
It's.
It's called Monica Lives in my browser.
And it just, if there's some
summarize it, grab key points.
When I'm on a website, I can
Like I don't want to read your
Just let me search where is
And it just finds it.
I mean it's absolutely brilliant.
Can do the same with the PDF.
Can highly recommend that.
Excellent.
And now we have our final,
question.
And it's this.
As a general life principle,
Such a good question.
So many different answers to this.
But I will actually say it's
And I think as I get older and
realize that the opportunity
And every choice you make is
every other choice.
So we're sitting here right
not doing everything else I
So if you don't ask yourself
end up wasting your time.
I think it's very important to
hard about where you choose to
Well, Daniel, we're here today
and how you're helping
I'd love to hear a little bit
and what you're doing right now.
Absolutely.
Sovereign was really a kind of
We were just talking about the
I come from a B2B background
And I was very fascinated
because the value proposition
same, but there wasn't a whole
And so the idea for Sovereign
where we provide really good
them up to speed on Bitcoin,
can be payments, it can be
can be operationally.
And then I figured, well, if,
with these free resources and,
probably going to have
So let's get some advisors
to then offer people the, the
for whatever it is.
And that's what we built.
We have a great team now of
Any kind of problem you have
that's how do I approach it,
regulation, accounting, taxes,
anything, our experts can help
And I, I think it's a useful service.
We're still very, very early,
is, is, is.
It's just getting started, but
going to come.
Now, a couple questions about
How large are you guys?
Are you pretty well
certain areas?
And then also do you have
well versed in these number of
about?
That's a wonderful question.
And just off the bat, we're
in the company.
I started the firm about a
ago, I brought in a lot of
Joseph McGee and others that
to another level.
And we're really very
The internal team say we're
very large roster of
find any one person that knows
complex.
It's too, in the same way that
the implications of it in a
ability to understand.
I think some people definitely
that can actually do
and different people that have
like Fidelity, JP Morgan,
And they bring that investment
And so the idea is when a
just be like, oh, you should
knows everything.
No, let's put together a team
in these areas so you can get
She also asked where we're
We, we are focused in the US
US from the west coast to the east.
And we do have people in
But I think the majority of
going to happen in the US so
And I was going to ask a
get there, why do you think
United States?
Is it because of the new, the
there's just other things afoot?
As a general notion, I think
in the world.
I think China is doing great,
a communist state.
It's different.
Well, now they're breaking out
all that.
But I think the US is always
And then now with the Trump
accounting rules coming in,
so much headway.
And when you then look at
it's just a, it's.
They, they try to provide
they're also stifling the
difficult for people to work here.
So my eyes are focused on the.
US and then I guess another
Sure.
Why do you think Europe is
Like what is, is it, is it a
Is it something else that I'm
What is it about the, the
bit different?
I've heard people talk about
to hear from someone who
And sure, sometimes.
Sometimes you look at it and
Sometimes there are some positives.
But I'd love to hear your
different in Europe.
Well, I appreciate you asking.
I'm not sure I'm the right
I think, especially the
a lot of people here see it as
tries to encroach more and
Obviously, it's all done in
And I think that might
problem lies and this
And I disagree with a lot of
Obviously, they also do good,
hey, we're doing this for your
But that also means when SORA
it's not available in Europe,
or whatever.
So it's.
This regulation stifles
of doing business, but it's
But that fine line, I think
And I think that power to
it's very appealing to people
They really like to control things.
That's at least my opinion.
I might be wrong on that.
Sure.
And do you feel like that's
or is the majority kind of in
And I asked that, realizing
majority is.
I mean, there's a lot of
recent presidential election,
fall?
People have their opinions,
So, you know, it's really hard
But what's the vibe that you
Yeah, it's a good question.
I honestly, here in Denmark,
talk that much about the eu.
It's very interesting.
It seems to be something
background, whereas in the us,
is obviously very interesting
But.
But it.
Most people are not talking
I don't think I've heard a
about what the European
affecting our economy, or
it's.
People don't really talk about it.
That much because we have our
and then we have this other
these laws and rules and regulations.
But it seems to be going on
awareness.
I don't know if that's, that's
other people would have
Sure, sure.
Well, so the question I was
you mentioned when clients
do most businesses reach out
stage where you need to be
if they're interested in
Yeah, very much the, the latter.
I think we're still very early
I had actually anticipated
for the business adoption that
I think it's a general life lesson.
Things always just happen
When you're on bitcoin
man, if I don't smash buy
tomorrow.
Like we're, we're the, the
But we are focusing all of our
I think that's the most
The people that are adopting
they're the outliers.
Meta, Planet Sembler, Microstrategy.
These are all organizations
and, and creative leaders.
And I think they are the
I think it's going to take a
one kind of content.
That's why we just came out
We're going to make a bitcoin
We're coming out with our
Bitcoin.
And I want to give that stuff
That's really the key.
And I would much rather give
focus on the education.
And then when people are
and they feel comfortable with
tools and resources for it.
But it's also very complex to
There's a lot of things you
So working with an advisor and
is a very, very good idea.
I think it'd be good to talk
need to be thinking about if
and what some of those tools
But I think maybe first of
best pieces of education to
to have to really help people
bitcoin can bring to their business?
Interesting, but very good question.
I think every time I try to
been doing the whole day
in a story.
I don't want to just hit
I want to weave a story.
And in my mind, it has to hit
So if we take somebody that
don't understand the value
just hit them with wallets.
Here's the cagr, here's why
And all this.
You gotta, you gotta start
It sounds cliche, but you
Why is bitcoin good money?
Why is it the best form of
And then you look at what is
what does it actually mean?
What are the returns, what's
all these kind of things.
And then you, you, you, you
I think that's the key to look
management, or a lot of small
strategy, so to say.
But, but you, you have to keep
because if you keep it in
Well, that was part of the explanation.
You have to explain inflation.
You have to explain what is
Why is bitcoin hard money?
Then you look at, okay, so you
You're getting debased.
Gold is not cutting it.
Real estate is not what you
Stocks, it's maybe outpacing
But you can't just put all
then you'll become an
Bonds have negative real yields.
Obviously, all this is much
it to make you understand and
actually look at this, okay?
And if you're a larger
back to the shareholders.
You can get dividends, you can
You can, when you really
You realize it's, it's.
None of it makes any sense.
It's not ideal.
You're with any of these options.
There's many flaws to it and
And when you then present
the, the alternatives, and
open, incorruptible monetary
supply 247 liquidity, it has
It's a commodity, it's not a security.
You don't have the management
these kind of things that you
And when you look at it from
wow.
Like, it's incredible actually.
So they have all that education.
You have some of those
of, you know, multiple get togethers.
But once they have that
most popular questions that
the particular actions of
I think the biggest concern
perception and the volatility
It's not, it's not so much
intricacies of it.
It's.
It's still this kind of low
what is my customers gonna think?
What about my shareholders?
What if we invest and it
tomorrow?
It's all these really basic
you said is great, but what
I don't feel comfortable about that.
Once you get over all of these
much more practical things.
But that's.
That seems to always be the
And every time you have a
That's what people come with.
We still need a lot of
And then what are the tools
far as the services and maybe
I'm not thinking of that.
If a business owner says,
I'm ready to get started with this.
What are some of the best
owners, keeping in mind that
given different contexts.
Yeah, wonderful question.
The way we've chosen to
to be the best at everything
in house.
I would love to be able to say
we'll store it for you.
We'll do all these things, but
We could try to do all these
competing with people that
that's their only focus.
Sure.
So the way we've chosen to do
best companies and then pre
clients to them.
So I think that's part of the
us is it's very difficult to
in bitcoin.
Especially if you just search
It's all crypto blockchain web
good signal is hidden below a
and all that.
So when you're ready to pull
We have relationships with the
they're all bitcoin only companies.
That's a big part of the value
We're bitcoin only.
Back when I originally started
you search for a bitcoin
a lot of it is crypto
people to go into the lion's
So to answer your question,
also why we haven't just
kind of task or service.
Because I think it would be a
just, just use these people,
Because that's just not the case.
So you have to find a good
We can always recommend river
bitcoin only companies.
And then it depends, do you
just buy regularly?
Do you need to buy large sums
How are you going to custody it?
Are you actually going to do
And then which hardware
Well we can educate you on
on them, but maybe you're not
outsource that.
So what's that going to look like?
Is that a on ramp situation
you're looking at?
Is it you do a two or three
keys and they hold a third,
and that's why you have to
exactly what their situation is.
It also depends.
Are you just a barber shop
Maybe you can survive with a
You're the owner, you're the
If you got a big company, you
who has access to the keys,
And it kind of, you can make
get into the nitty gritty,
And I would not even feel
I'm an expert in that.
And that's why we've hired
day and they're the best at that.
So then I guess one final
to know is with all that you
any trends?
Are there certain industries,
interested in accepting
from it?
I wish I could.
I wish I could tell you that
find.
I'm trying to find some, a red
to like this industry, this
demographic psycho traffic.
I've not been able to find
cracks that code, it's going
We've also been doing
and get conversations started,
My hunch is that there are
that already align well with
People like farmers that are
The idea of bitcoin and having
stop and all that is very
So I think we need more data
But it's something I'm
So I'm very curious about it.
Yeah, for sure.
Well, Daniel, are there any
for the listeners today,
or that you just want to reiterate?
Great question.
I mean, something I've been
more bitcoin companies are not
That's something I think is
set out, part of what we want
coiners.
But I had the idea that
the value proposition of
But I think you'll find a lot
hold one bitcoin on their
And I think it's, it's very
a lever for equity growth.
And the main kind of argument
it's risky, it's uncertain.
But if your underlying
to Bitcoin success, what other
asset?
If bitcoin hypothetically goes
to zero.
So I think a lot of people
really think hard about that
thing once you adopt Bitcoin,
And I love seeing the spirit
We see this with Semler and
like, they just come alive and
Or real Bedford or I could go
It just brings a whole new
that.
Excellent.
Well, Dale, where can people go?
They want to find out more
know of a business who might
them with the right people, or
to this today, have said, hey,
step for me.
Everybody can go to Sovereign IO.
They can find us on all of our
We're everywhere.
They can find me, Daniel
We're aggressively giving away
need.
We're also trying to build up
a lot of people know business
So I want to make it as easy
hole as possible.
So one of the things that I'm
is what I call Project Orange
So you get a resource and it
resources for an owner, a
So if you're an employee and
just explain this to my boss.
Well, grab that.
Give that to them for free.
If you have a friend, a
and they want to get involved,
you a nice commission for that.
Everybody wins and we keep
Excellent.
Well, Daniel, thank you so
the great work you're doing.
It's been a pleasure.
Thank you so much for having me.
Josh.
It was a pleasure being here
It's.
Yeah, it's very enjoyable.
Thank you so much.
Well friends, it's a wrap.
Thanks so much for listening
Episode of the Business
If you want to reach out to
those links down in the show.
Notes if you know of someone
Bitcoin for their business,
keep building, keep growing,
and leading.
Well.
Thanks to those who have
the last week, including
about the episode with
He said thanks for the AI info
integration for Data Insight Now.
Christopher brought up the
AI tools.
It showed up in Venice AI with
It just doesn't make sense to
service to we'll be looking
Thanks Bruce Bitcoin and for
Morton of Alpaca Retail
If you're interested in
alpacarms.com or Alpaca RMS
And of course if you would
listen on Fountain and either
a boost.
And if you include a comment
it on the show.