Interesting thng that only Americans are eligible for the free BTC...
However, it's only marketing blah-blah...
Topic: Hedgeable Offers 'Free Bitcoin to Every American' (Read 1277 times)
If i want to invest $25000 i would use the money to invest into my own account. What is the rational of giving money for someone to buy on your behalf when i can do it myself.
This is primarily for people who do not already own bitcoin and are new to it. Hedgeable is an investing firm, we manage people's money. The rationale is the same as anyone in America who goes to someone like an advisor to manage their money. The bitcoin is in addition to that.The return on the free bitcoin alone could certainly outpace our fee structure over an extended period.
Also for larger investors who invest more then in 25k minimum will end up with a negative return on their bonus as the bonus will be less then your "fee"
In that regard we are not competing with SecondMarket on any level, especially cost.
The title should be changed to "1 BTC for every eligible client", not "every American".
He is claiming 375 million "potential clients", so it would still sound like a scam. I do realize that it is marketing hyperbole but we are the wrong audience for it.
As for the 0.75% expense ratio - I could just buy an ETF and get good diversification for 0.15%-0.40%, depending on the ETF.
Yes, there are certainly people for whom an actively managed portfolio (managed by somebody other than themselves, I mean) is the preferred solution. They are also probably the kind of people on which marketing hyperbole would work better. I am just pointing out that the audience here, which mostly tends to have libertarian and individualistic views isn't the proper target for it and just mentioning "FREE bitcoin!" in the advertisement isn't enough to convince the people.
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If the response to this promotion caused an issue where we were purchasing all of the available supply, the price would skyrocket.
Apparently, besides Bitcoin, you don't understand economics, either. If you had to purchase all the available supply, you'd go bankrupt and still fail to fulfill your promise.
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We could always continue giving people a few bits and that would still be a substantial value for investors.
In other worse, you would have lied to them. You would have been liable for false advertisement at the very least. I suggest that you seriously re-thing your strategy. In any case, everything you have said here on this subject has firmly convinced me not to give any of my money in your care.
If i want to invest $25000 i would use the money to invest into my own account. What is the rational of giving money for someone to buy on your behalf when i can do it myself.
This is primarily for people who do not already own bitcoin and are new to it. Hedgeable is an investing firm, we manage people's money. The rationale is the same as anyone in America who goes to someone like an advisor to manage their money. The bitcoin is in addition to that.The return on the free bitcoin alone could certainly outpace our fee structure over an extended period.
Also for larger investors who invest more then in 25k minimum will end up with a negative return on their bonus as the bonus will be less then your "fee"
The title should be changed to "1 BTC for every eligible client", not "every American".
Great! Just great 
If i want to invest $25000 i would use the money to invest into my own account. What is the rational of giving money for someone to buy on your behalf when i can do it myself.
This is primarily for people who do not already own bitcoin and are new to it. Hedgeable is an investing firm, we manage people's money. The rationale is the same as anyone in America who goes to someone like an advisor to manage their money. The bitcoin is in addition to that.The return on the free bitcoin alone could certainly outpace our fee structure over an extended period.
If i want to invest $25000 i would use the money to invest into my own account. What is the rational of giving money for someone to buy on your behalf when i can do it myself.
This is primarily for people who do not already own bitcoin and are new to it. Hedgeable is an investing firm, we manage people's money. The rationale is the same as anyone in America who goes to someone like an advisor to manage their money. The bitcoin is in addition to that.If i want to invest $25000 i would use the money to invest into my own account. What is the rational of giving money for someone to buy on your behalf when i can do it myself.
This is primarily for people who do not already own bitcoin and are new to it. Hedgeable is an investing firm, we manage people's money. The rationale is the same as anyone in America who goes to someone like an advisor to manage their money. The bitcoin is in addition to that.
If i want to invest $25000 i would use the money to invest into my own account. What is the rational of giving money for someone to buy on your behalf when i can do it myself.
"The company's Plus Program requires a minimum $25,000 investment, and associated fees can be paid with bitcoin."
Yep with that much minimum investment they can definitely offer 1 BTC to everyone that signs up with them
The company's Plus Program requires a minimum $25,000 investment, and associated fees can be paid with bitcoin. Bitcoin investments are currently not available with its $5,000 basic investment program.
"The average client with us has $250,000, that's actually the average account size in America. However, if you have $200,000, you're really in the dark, most high-quality investment solutions are $250,000 and up," he said.
"The company's Plus Program requires a minimum $25,000 investment, and associated fees can be paid with bitcoin."
We would go bankrupt quickly if we were doing this for people who are not clients. There is no intended misdirection here on our end.We think our investing products are better than what you can get elsewhere, which is why we exist in the first place, and we also support bitcoin to its fullest extent in a genuine way.
So, this guy promises one free bitcoin to each of his potential 375 million investors? Either he does not understand Bitcoin, or his arithmetic sucks, or he is full of it. In either case, do you really want such a person to run your money? I know I don't.
Clearly there are not enough bitcoin for everyone to have ONE, but this is a great problem. If the response to this promotion caused an issue where we were purchasing all of the available supply, the price would skyrocket. We could always continue giving people a few bits and that would still be a substantial value for investors. 
"The company's Plus Program requires a minimum $25,000 investment, and associated fees can be paid with bitcoin."
So, this guy promises one free bitcoin to each of his potential 375 million investors? Either he does not understand Bitcoin, or his arithmetic sucks, or he is full of it. In either case, do you really want such a person to run your money? I know I don't.
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