Monetary Policy & Economic Impact - Abandoning the gold standard is considered a costly mistake, leading to a departure from honest monetary practices [1] - The shift away from gold-backed currency enabled unchecked money printing, funding unsustainable wars [2] - Faking the money supply resulted in rising prices, stagnant wages, and a decline in living standards [3] - The transition from sound money to debt-based system has burdened future generations [5] Societal Changes - Families faced challenges in raising children due to time and financial constraints, leading to outsourced parenting [3][4] - Moral decline was observed, with increased debt, gambling, and anti-depressant use [4] - Family structures weakened, evidenced by doubled divorce rates and plummeting birth rates [4] - Dietary habits worsened, with increased consumption of cheap, unhealthy food, contributing to obesity [5] Generational Perspective - The current generation is inheriting a substantial debt burden with uncertain repayment prospects [5] - There is a call to return to sound money principles to secure a better future [5]

NFT Tax Implications - NFTs are treated similarly to crypto assets for tax purposes [1] - Buying, selling, and trading NFTs can result in taxable gains or losses [1] NFT Tax Loss Harvesting - The company launched a smart contract for NFT tax loss harvesting [1] - The smart contract bought worthless NFTs for a nominal amount (e.g., $0.01) to allow users to realize losses [1] Operational Status - The current operational status of the NFT tax loss harvesting smart contract is uncertain and requires verification [1]

Market Overview & Investment Philosophy - The crypto market is considered fragile in the short term, but Bitcoin and crypto are believed to be inevitable in the long run [1] - Advocates a diversified approach to crypto storage for security [1] - Emphasizes the importance of avoiding scams and conducting thorough research (source it) in the crypto space [1] Trading & Investment Strategies - Highlights the use of Dynamic DCA'ing (Dollar-Cost Averaging) as an investment strategy [1] - Discusses strategies for profit-taking, including the "Half & Half Method" for new/early cryptos [1] - Recommends beating the spread on exchanges to maximize profits [1] Platform & Tool Recommendations - Recommends Kraken exchange and offers a $25 sign-up bonus [1] - Suggests Tangem cold storage wallet for secure crypto storage, offering a 10% discount [1] - Promotes CoinLedger crypto tax software with a 20% discount and a free portfolio tracker [1] Risk Management & Security - Warns against A I scams in the crypto space [1] - Stresses the importance of keeping seeds and passwords safe, recommending StoneBook for secure storage with a 20% discount [1] - Advises users to be cautious of scam messages, DMs, or emails [1] Educational Resources - Provides links to various YouTube videos covering crypto essentials, rules, and strategies [1] - Offers access to a simplified crypto education website (danteachescrypto com) [1] - Recommends Ben's Into The Cryptoverse site for on-chain, macro, and strategy analysis, offering a 10% discount on the first month [1]

Stablecoin Adoption on Cardano - Community has not directly voted on bringing USDC or Tether to Cardano, refuting claims of voting restrictions [1] - Industry recognizes the potential benefits of integrating stablecoins like Tether and USDC on Cardano for increased volume [2] - Integrating Tether and Circle is viewed as a necessity for chains aiming to be significant economic players [3] Challenges and Considerations - Integrating established stablecoins like Tether and USDC may involve costs or fees [2] - The success of native stablecoins like IUSD could reduce the need for external stablecoins [2]

Bitcoin, Ethereum and ALL THINGS CRYPTO w. Jerry V. Hall follow Jerry - https://x.com/Jerryvhall1 ●▬▬▬▬▬▬CRYPTO CRITICAL VIDEOS▬▬▬▬▬▬▬● 1. THE 5 RULES - https://www.youtube.com/watch?v=iNBiZ5Bo__U 2. AVOID ALL SCAMS. SOURCE IT - https://youtube.com/live/m77Oxmh70Zc 3. DON'T FALL FOR A.I. SCAMS! - https://www.youtube.com/watch?v=8m4M0lvP5-o 4. WHY STORAGE DIVERSIFICATION? - https://www.youtube.com/watch?v=j3ORFfbnB6Q 5. DYNAMIC DCA'ing - https://www.youtube.com/watch?v=Dbd03iAw0HQ 6. WHEN I'M SELLING 80% of ...

Investment Strategy & Market Analysis - Altcoin Season Index is a tool to determine optimal times for accumulating or selling altcoins [1] - The content creator offers strategies including 5% DEGEN PLAYS, ALL CRYPTO EXITS (OLD), and a 2024/2025 EXIT strategy [1] - The content creator highlights the importance of understanding 4-year crypto cycles and Dollar-Cost Averaging (DCA) strategies [1] Security & Risk Management - Diversifying crypto storage is crucial [1] - Recommends using a cold storage wallet like TANGEM for security [1] - Stresses the importance of safeguarding seeds and passwords, suggesting tools like STONEBOOK [1] - Warns against scams, including AI scams, and emphasizes sourcing information carefully [1] Tools & Resources - Recommends using CoinLedger for crypto tax software and portfolio tracking, offering a 20% discount [1] - Promotes iTrustCapital for Crypto IRA accounts, offering a $100 sign-up bonus and no monthly fees [1] - Suggests Kraken for cryptocurrency exchange, highlighting a $25 app claim [1] Educational Content & Community Engagement - Provides simplified crypto education through a website [1] - Encourages viewers to research before investing, stating the content is for entertainment purposes only and not financial advice [1] - Promotes various charities, including ProTechos and Amigos De Los Animales Animal Shelter [1]

Tax Implications - Forfeiting Bitcoin loan collateral may be a taxable event [1]

He said, "If you are in good faith, meaning you've tried pretty much as much as you possibly could, because let's be honest, nobody's going to get this right 100% perfectly, especially have a ton of trades over multiple wallets over multiple central centralized exchanges and decentralized exchanges. No one's going to get 100% correct." But if you put in effort and good faith and they're seeing that, you're just like they're like, "Hey, I tried. I was flabbergasted." Then you can get away with a. ...

Investment Strategy & Risk Management - Advocates for diversifying crypto storage to mitigate risks [1] - Recommends Dynamic Dollar-Cost Averaging (DCA) as an investment strategy [1] - Suggests a "Half & Half" method for stress-free profit-taking in new/early cryptos [1] - Highlights the importance of avoiding scams and verifying sources in the crypto space [1] Cryptocurrency Platforms & Tools - Promotes Kraken for crypto trading, highlighting a $25 sign-up bonus in the app [1] - Recommends Tangem cold storage wallet for secure crypto storage, offering a 10% discount via affiliate link [1] - Mentions CoinLedger crypto tax software with a 20% discount [1] Market Analysis & Potential Scenarios - Raises a hypothetical scenario involving Bitcoin strategic reserve and potential enrichment of the Trump family [1]

The new 1099-DA form for brokers essentially turns your favorite centralized exchange into a spy organization for the IRS. We previously talked about what has changed in reporting your digital asset activity and how to make things SUPER SIMPLE with this free tool called Coin Ledger - Portfolio tracking WITH tax software built right in. So today I brought on Andrew Gordon, Attorney and David Kemmerer, CEO of Coin Ledger. Original 1099-DA vid - https://youtu.be/vgUuILVYn5c 📈CoinLedger: CRYPTO TAX Software I u ...