127 / Rules bingo
early retirement
In this episode, the discussion revolves around new US regulations for cryptocurrency, highlighting its transition from a fringe element to a mainstream financial asset. They cover the legislative journey, the changing use cases of cryptocurrencies like Bitcoin and Ethereum, and the significant global differences in regulatory approaches. The conversation also scrutinizes the current landscape of crypto events, the influx of high-profile personalities, and the contrast between true builders in the space and those merely seeking profit. The episode wraps up with insights into the challenges and opportunities ahead for crypto in the regulatory and public spheres.
Timeline
Episode notes
Edit these notes…Government rules we want for crypto
- ✅ Tax rules, what tax should we pay? / USA IRS virtual asset rules / EU MiCA
- ✅ Tax rules, what should agents/brokers report? / USA IRS virtual asset rules / EU MiCA
- ❌ What is a security? / USA no idea??? (Howey test?) nobody to call if you have questions? / ✅ CH we have FINMA rules
- ❌ How can I invest in risky stuff? / In USA we have a click-thru for rich people
- ❌ How to classify any of this stuff? / In the USA we have no clear idea SEC/FTC/CFTC all fighting turf for “investments” “currency” “influencer operations”
- https://rules.house.gov/sites/republicans.rules118.house.gov/files/RCP_H4763_xml%20%28003%29.pdf
“We live in the era of financial illiterate people coming to a financially unregulated space to learn financial literacy.” - @SinceImBored