Podcast: Greg Walker - Bitcoin or How I Learned to Stop Worrying and Love Crypto
"It came to me when I was sitting in the shower, and I couldn’t stop laughing about it. The juxtaposition of an educational website with an egregious grammatical error is immensely satisfying, and also acts as a reminder that seriousness doesn’t help you to learn anything." That is the explanation of our guest today, Greg Walker a.k.a. Inersha, about why he started a Bitcoin website. When he was 18, he started a poker strategy website. At the start of 2015 after losing interest in poker, he needed a reason to get out of bed in the morning, so he decided to start making a website....
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Tax season is confusing, especially when it comes to crypto. Wendy Walker, solution principal at the tax compliance company Sovos, described reporting as the most important aspect of tax filing that people in the blockchain industry should know about. "Even if you don't owe income taxes, you still have to report details of the transactions," Walker told Cointelegraph in an interview. "I think that's probably one of the key things about this moving of the question to the front of the 1040" she said, referencing the IRS' recent updates to the 1040 income tax form.This update requires....
Blockchain platform Setl has appointed former executive director of the Bank of England Sir David Walker as its new chairman. A financial markets veteran, Sir Walker has also served as chairman of Barclays, Morgan Stanley International and the Securities and Investment Board. He is also a senior member of the G30 group, which elaborates and promotes progress in international payments and settlements. Prior to his career in financial markets, Sir Walker was the assistant secretary to the Treasury for the UK government. Speaking about his upcoming role at Setl, Sir Walker said in a....
The United States tax authority doesn't seem to be very efficient when it comes to tracking down who owes crypto taxes — for now. Crypto income taxation is a murky arena at present. It would seem that even the U.S. Internal Revenue Service, or IRS, has a tough time figuring out who owes what, according to Wendy Walker, solution principal at the tax compliance company Sovos. "In the typical tax system, the IRS uses 1099 reporting," Walker told Cointelegraph in an interview. "So, 1099, W2, that tax reporting, it's the primary tool that they use to enforce tax compliance," she added. When....
On November 19, the United States Patent & Trademark Office (USPTO) published Goldman, Sachs & Co.'s patent application 20150332395 or "Cryptographic Currency For Securities Settlement." Described are " methods for settling securities in financial markets using distributed, peer-to-peer, and cryptographic techniques " using a cryptocurrency named SETLcoin. The application lists Paul Walker and Phil J. Venables as the inventors of the technology. Paul Walker is the co-head of technology at Goldman and a member of the Board of Directors of the Depository Trust and Clearing Corporation....
The age-old question quis custodiet ipsos custodes crops up in force in today's Law Decoded. The United States is girding its loins for an election that has cast a pall over a far longer timeframe than we ever should have let it. But, then again, what did you expect when so many people spent so much of the past year cut off from their normal lives and circles, growing increasingly dependent on social media as a way of connecting with the outside world? Not a recipe for sanity, even if it was a race between sane people.The phenomena of modern information flow has gotten an enormous amount....