YouTube link:
Topics & Timestamps:
● (0:22-) Puerto Rico, my recent vacation and Act 22 (aka Act 60) for Crypto capital gains tax savings.
● (1:46-) The compounded loss of wealth due to taxation is enormous. Shout-out to Nomad Capitalist.
● (3:35-) Thinking BIG. Crypto is Gold 2.0. It is a hedge against the surety of fiat devaluation.
● (6:00-) Crypto Bull Run still happening? I prefer to look long-term. I feel short-term price predictions are mostly just noise in the grand scheme of things (the bigger picture).
● (8:12-) My portfolio holdings currently.
● (8:28-) Bitcoin failing to scale & high fees. Will Ethereum 2.0, Bitcoin Cash or EOS scale Bitcoin for it if LN is a flop?
EOS Section:
● (9:37-end) Thoughts on EOS (EOS Nation enters top 21, governance, proxies, vote trading, vote buying)
quote: "If you don't own any kind of alternative [to fiat] then I feel like that itself is a riskier proposition than having a diversification of assets." (4:54-)
Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.
#cryptocurrency #tokens #coins #bitcoin #btc #blockchain #eos
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⚡Colin Talks Crypto⚡
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