Bitcoin Via iMessage, Germans Hoarding Cash At Home And Why Newbies Are So Illogical (The Cryptoverse #107 - Feature Length Episode Feat. Josh Scigala from Vaultoro)
Here is a special edition of The Cryptoverse where I brought in Josh Scigala, co-founder of Vaultoro to provide commentary on recent news stories in the world of Bitcoin, cryptocurrencies, blockchains, gold and economics.
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Sources:
http://fortune.com/2016/09/15/larry-summers-wall-street-too-big-to-fail/
http://www.wsj.com/articles/german-savers-lose-faith-in-banks-stash-cash-at-home-1472485225
http://www.coindesk.com/circle-brings-blockchain-payments-iphone-ios-10-update/
Produced by Cryptoversity.com the online school for learning about Bitcoin, crypto-currencies and blockchains.
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Please upvote to support the show, I really appreciate it.
Fantastic show.. looking forward to more shows like this.
More like this? OK, I'll keep that in mind thank you.
Great interview. I wish I could upvote twice. Resteemed as well.
Thank you. It is very incouraging to see so many people interested in economics, and it impacts almost every part of our lives.
You're very kind. Would you like to see more episodes in this format?
Yes.
Great guest, I love Josh!
Aww, love you too Tatiana :)
Excellent conversation! Thanks Chris and Josh. You're both amazing.
Thanks chessmonster! :)
I think the success of these types of conversations depends on the chemistry between the two people. What do you think to that?
If you agree then it's something I need to carefully consider before I shoot future episodes like this.... or I'll just get Josh back on :)
Chemistry, yes, if that means that people enjoy interacting with each other. I mostly just like learning about cryptocurrencies and all the exciting things going on with it. Definitely have Josh back on. Well done!
Great discussion about fiat currency and putting the cryptocurrency scrutiny to the old unquestioning mindset of fiat. I enjoyed the longer conversation / guest interview format.
Cheers mate :)
I released it on a Sunday on purpose so people would have more time for a longer episode. Would you like to see more episodes in this format?
Interesting that you have to convert money you earn in Bitcoin to cash to get it on the accounts. I had wondered about that. There's potential to hide some earnings that way, but it depends on how clued up the taxman is these days. Can you keep the btc and take it from other funds?
It's going to be interesting when the Steem economy really gets going.
I wanted to account for the Bitcoin by holding it on my balance sheet and adjust the value periodically but that went against my accountants advice.
I then had another accountant comment on one of my youtube videos saying that I could keep the Bitcoin.
So much conflicting advice!
I guess the accountants don't really know. Not read it yet, but I see the Revenue has been looking into it
https://www.gov.uk/government/publications/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies