#593: Bitcoin is Money (&) Currency with Parker Lewis

Shout out to Matt’s el rancho

Great perspective

Incorrect on the 60k exempt tax advice (without context). To keep it simple if you make 45k wages, you’d only have 15k of room for tax free cap gains. If you exceed that income from wages, then all cap gains are taxable. For most people who earn a living, cap gains fully taxable. Some opportunity for low earners or if your income is volitile (self employed). Numbers above illustrative, look up exact thresholds.

Please read Parker’s article multiple times as the concepts, at first seemingly complex, are really not at all difficult to comprehend. His explanation of how the systems of money and currency developed, evolved over time and how BTC solved the problems surrounding both is made plain. It gives one knowledge that is essential for explaining these systems to people. Excellent work!

What happened to SXSW is what happened to San Diego Comic Con. Sad.

Fantastic episode. Love the high level discussion.