Are you ready to dive into the world of Bitcoin start-ups and innovation? Early Riders, a visionary Bitcoin venture fund, has initiated an exciting accelerator program called The Stables in the picturesque Texas Hill Country. This program is designed to nurture and propel Bitcoin start-ups globally, offering funding ranging from 2 to 5 BTC, along with a unique four-week residency and invaluable access to Bitcoin experts. It specifically seeks out start-ups with cutting-edge solutions in financial services and technology that are ready to hit the market running.
Empowering Bitcoin Entrepreneurs
Driving Consumer-Centric Innovation
Michael Tanguma, the mastermind behind Early Riders and Onramp, a prominent Bitcoin financial services firm, highlights their strategic focus on consumer-driven investments with immediate commercial potential. Tanguma emphasizes the importance of addressing current market demands, especially in Bitcoin financial services. The accelerator is keen on solutions like multi-institution custody for lending, bit bonds, and real estate debt facilities, catering to regions such as Latin America, the Middle East, and Asia-Pacific.
Fostering Bitcoin Adoption
One of the core objectives of The Stables is to facilitate Bitcoin adoption by tackling key challenges faced by users worldwide. From secure custody solutions to seamless fiat-to-BTC conversions, the program aims to simplify the onboarding process for individuals looking to venture into the world of Bitcoin. By focusing on practical issues like inheritance planning and custody security, Early Riders is paving the way for a more user-friendly Bitcoin ecosystem.
Accelerating Innovation Globally
Supporting Bitcoin Start-ups Worldwide
The Stables has opened its doors for submissions, welcoming innovative start-ups to showcase their potential. The top five candidates will have the opportunity to present their projects at a demo day attended by Early Riders' partners and advisors. The winning start-up will not only receive 2 to 5 BTC in funding but also benefit from a four-week residency in Texas, complete with childcare services and wellness amenities to enhance productivity.
Embracing Bitcoin-Driven Efficiency
Early Riders champions the concept of Bitcoin-driven efficiency, emphasizing the significant advantages of operating in a Bitcoin-centric environment. By leveraging Bitcoin's annual growth rate and prioritizing sound unit economics, start-ups are encouraged to focus on sustainable growth rather than traditional fiat-driven metrics.
Looking Towards the Future
A Global Opportunity for Bitcoin Enthusiasts
With a global investment approach, Early Riders is dedicated to supporting Bitcoin initiatives across the globe. Whether in the Middle East, Asia-Pacific, or Latin America, the accelerator welcomes Bitcoin enthusiasts and rationalists who seek to contribute to a thriving Bitcoin ecosystem. Tanguma's expertise and industry insights have shaped The Stables' focus on multi-institution custody, offering enhanced security and efficiency for start-ups aiming to drive Bitcoin adoption.
Ready to be a part of the Bitcoin revolution? Reach out, learn more, and join Early Riders on this exhilarating journey of innovation and growth in the world of Bitcoin start-ups!
Frequently Asked Questions
Which is stronger, 14k or sterling gold?
Both gold and silver make strong metals. Sterling silver is more affordable than sterling silver which has only 24% pure silver.
Sterling silver is sometimes called fine silver. This is because it is made with a mix of silver and different metals like copper or zinc.
It is generally believed that gold is very strong. It takes great pressure to break it apart. If you dropped an object on top to a gold piece, it would shatter into thousands rather than breaking into two halves.
On the other hand, silver is not nearly as strong as gold. If you dropped something onto a sheet made of silver, it would most likely bend and fold easily without breaking.
It is commonly used in coins and jewelry. Because of this, silver's value is subject to fluctuations based upon supply and demand.
How much of your IRA should include precious metals?
Investing in precious metals such as gold and silver is the best way to protect yourself from inflation. This is not only an investment for retirement, but it can also help you prepare for any economic downturn.
Although gold and silver prices have risen significantly in the past few years they are still considered safe investments. They don't fluctuate quite as much like stocks. Plus, there's always a demand for these materials.
The prices of gold and silver are generally predictable and stable. They are more stable when the economy is growing than they are during recessions. This makes them great long-term investors and money-savers.
Your total portfolio should be 10 percent in precious metals. If you want to diversify even further your portfolio, that percentage could rise.
What type of IRA are you using to buy precious metals stocks?
A Individual Retirement Account (IRA), is an investment vehicle offered by most financial institutions and employers. A IRA is a way to make money and allow it to grow tax-deferred, until you withdraw it.
An IRA allows you to save taxes and pay them later when you retire. This means that you can deposit more money into your retirement plan than have to pay taxes on it tomorrow.
An IRA's beauty is that earnings and contributions grow tax-free up to the time you withdraw them. You can face penalties if you withdraw funds before the deadline.
You can also make additional contributions to your IRA after age 50 without penalty. You'll owe income tax and a 10% federal penalty if you withdraw from your IRA in retirement.
Withdrawals made before age 59 1/2 are subject to a 5% IRS penalty. For withdrawals made between the age of 59 1/2 & 70 1/2, a 3.4% IRS penalty will apply.
An IRS penalty of 6.2% applies to withdrawals above $10,000 per year.
What is a Precious Metal IRA?
Precious and precious metals are excellent investments for retirement accounts. They are a timeless investment that has held its value since the beginning of time. A great way to diversify and protect your portfolio is to invest in precious metals such silver, gold, and platinum.
Certain countries permit citizens to hold their money in foreign currencies. You can purchase gold bars from Canada and keep them at your home. You can then sell the same gold bars to Canadian dollars when you return home to visit your family.
This is a simple way to make investments in precious metals. It is particularly useful for those who live outside North America.
How does the gold and silver IRA function?
You can make investments in precious metals (such as gold or silver) without having to pay tax. These precious metals are an attractive investment for anyone looking to diversify their portfolios.
If you are older than 59 1/2, interest earned from these account does not attract income tax. The appreciation of the account's value does not trigger capital gains tax. You have to limit the amount you can deposit into this type account. The minimum amount that you can invest is $10,000. You cannot invest at all if you are under age 59 1/2. The maximum annual contribution is $5,500.
Your beneficiaries might not receive the full amount of your account if your death occurs before you retire. After all expenses have been paid, your estate must contain enough assets to cover any remaining balance in your account.
Some banks offer IRA options in gold and silver, while some require you to open a regular brokerage accounts through which you can purchase shares or certificates.
What precious metals could you invest in to retire?
It is important to know what you have already saved and where money you are saving for retirement. To find out how much money you have, take a inventory of everything that you own. You should list all savings accounts, stocks and bonds, mutual funds certificates of deposit (CDs), annuities, life insurance policies, annuities 401(k), real estate investments, and any other assets like precious metals. You can then add up all these items to determine the amount of investment you have.
If you are between 59 and 59 1/2 years, you might consider opening a Roth IRA. A Roth IRA, on the other hand, allows you to subtract contributions from your taxable revenue. However, you can't take tax deductions from future earnings.
You may need additional money if you decide you want more. You can start with a regular brokerage account.
Statistics
- You can only purchase gold bars of at least 99.5% purity. (forbes.com)
- The maximum yearly contribution to an individual's IRAs is currently $6,000 ($7,000 for those 50 years or older), or 100% of earned income, whichever is less. (monex.com)
- Same tax rules as traditional IRA SEP IRA contributions in 2022 are limited to 25% of compensation or $66,000, whichever is less Before setting up a Silver IRA, understand the fees and IRS restrictions. (sltrib.com)
- Depending on your financial situation, most experts recommend you invest no more than 5% to 10% of your retirement funds in precious metals. (forbes.com)
External Links
kitco.com
en.wikipedia.org
investopedia.com
wsj.com
How To
How to get started buying silver with an IRA
How to start buying Silver with Your IRA – The best method to invest directly in silver or gold is through the direct ownership of physical bullion. Bars and silver coins are the most common form of investment. They offer liquidity, diversification, and convenience.
There are many options to buy precious metals like silver and gold. You can buy them directly from their producers such as refiners and mining companies. You can also purchase them through a dealer, who buys and sellers bullion products, if you don’t want to deal directly with the producer.
This article will help you to start investing silver with your IRA.
- Investing in Gold & Silver through Direct Ownership – The best way to purchase precious metals is to directly go to the source. This involves getting the bullion and having it delivered to your doorstep. Some investors store their bullion in their home. Others choose to store their bullion in a safe storage location that is insured and protected. Protect your precious metal by storing it correctly. Many storage facilities provide insurance coverage against fire, theft, and damage. But even with insurance, you risk losing your investments due to natural disasters or human error. For these reasons, storing your precious metals in a safe deposit box at a bank or credit union is always recommended.
- Buy Precious Metals Online: If you don't want to carry around heavy boxes full of precious metals, there are other options. Bullion dealers can sell bullion in various forms, including bars or coins. There are many different types of coins. Coins are generally more convenient to carry than bars. Bars come in different weights and sizes. Some bars can weigh hundreds of grams, while others are only a few ounces. It is important to think about what you intend to use the bar for when choosing the type of bar that you should buy. It might be a good idea to choose something smaller if it is intended to be given as a gift. You might spend more money if you plan to display it and add it to your collection.
- Dealers for Precious Metal – The third option is to buy bullion direct from dealers. Most dealers only specialize in one type of market, either silver or gold. Some dealers specialize only in bullion of certain types, such as rounds or minted coin. Others are more skilled in certain regions. Others specialize in bulk buying. No matter what dealer you choose you will find that they offer great prices and flexible payment options.
- Buy Precious Metallics from Retirement Accounts. While technically not an “investment”, it's possible to invest in retirement accounts to gain exposure. To qualify for tax benefits under Section 219 of the IRS Code, you must invest in precious metals through a qualified retirement account. These include IRAs, 401(k)s, and 403(b) plans. These accounts are designed to help you save for retirement and often provide higher returns than other investment vehicles. Many of these accounts let you diversify your holdings across multiple types of metals. The drawback? You can't invest in retirement accounts. Only employees who have been sponsored by an employer can invest in retirement accounts.
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By: Juan Galt
Title: Revolutionizing Bitcoin Start-ups: Early Riders in Texas Paving the Way with Up To 5 BTC Funding
Sourced From: bitcoinmagazine.com/business/early-riders-texas-accelerator-bitcoin
Published Date: Fri, 19 Sep 2025 19:19:21 +0000
