Hidden Value in Your Dead NFTs
from The Bad Crypto Podcast Hosted by Joel Comm and Travis Wright
Nine years ago today, two dudes had an idea. That idea became The Bad Crypto Podcast — and 812 episodes later, we're still here. To celebrate our ninth anniversary, Joel Comm and Travis Wright are doing something useful with all those dead NFTs in your wallet: turning them into a tax write-off. Most of the NFTs we bought are abandoned, rugged, or worth pennies. But in the U.S., a crypto loss is a capital loss — and those losses can offset your gains (plus up to $3,000/year against ordinary income). Joel built a tool with Claude that scans your wallets, finds the damage, and hands you a report for your CPA. 👉 Scan a wallet FREE at https://rektwriteoff.com — this episode's sponsor. Also in this one: Stripe and Advent's ~$53B bid for PayPal and the stablecoin angle, where the GENIUS and CLARITY Acts stand, the great NFT market reset, the Spain vs. Argentina World Cup final and FIFA's $999 "Right to Buy" NFTs, plus AtomicHub/WAX going multi-chain. ⚠️ Not financial or tax advice. Joel and Travis are not CPAs or financial advisors. Talk to a tax professional before harvesting losses or burning assets. Support the show: https://badcryptopodcast.com
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