Listen "Digital Asset Discussion #143"
Episode Synopsis
Digital assets have the potential to start (or perhaps already are) significantly altering the global financial landscape. Yet the rapid evolution of the industry and a sea of unfamiliar technical terms has many feeling a bit lost and overwhelmed. Tune in as guests Nik Fahrer, Brian Condron, Jeremy Goss, Tom Haldiman, Neal Maddy, and Geron Morgan discuss the why, the what, the risks, and the opportunities associated with digital assets. Here's what's covered: Who are our guests? [01:53] What problem are digital assets solving and why are they important? [07:27] Nonfungible tokens (NFT), Web 3.0, and use cases [16:49] What's a smart contract? [21:10] Decentralized Finance (DeFi) [24:13] Wallets [33:48] Is it anonymous? [40:57] Illegal activity [48:29] Stable coins and central bank digital currency [50:59] Decentralized autonomous organizations [56:51] Regulation and tax challenges [01:05:29] Reporting and accounting considerations [01:20:05] How to get started in and learn more about crypto [01:27:12] Executive order on digital assets [01:36:44] Learn more about our guests and get additional resources here. GET MORE SIMPLY TAX We're excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We'd love to hear from you! Email feedback and questions to [email protected]. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
More episodes of the podcast Simply Tax
What's An NFT? #153
17/11/2022
Wealth Accumulation Nation #152
28/10/2022
New Market Tax Credit #151
06/10/2022
Simply Five #150
21/09/2022
Lease Accounting Implementation #149
08/09/2022
Mandatory Capitalization Of R&D #148
02/09/2022
A Case For The Mondays #147
28/07/2022
Forward Vision #146
07/07/2022
Legislative Check In #145
31/05/2022
Strategies For Your Wealth #144
28/04/2022
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.