#42 - Josiah Spackman Interview (Cryptocurrency, Blockchain, Bitcoin, DigiByte, ICO, Tax, Housing etc.)

Josiah Spackman is a cryptocurrency investor and speaker and is a member of the Digibyte Foundation.   SOCIAL MEDIA Youtube - Josiah Spackman - Digibyte Twitter - @dgb_chilling Instagram - @Josiah.Spackman   TIMESTAMPS   00:35 - How Josiah Got Into Cryptocurrency 02:20 - Differences Between Bitcoin, Lightcoin and Digibyte 03:35 - What Determines The Speed Of Each Coin 04:30 - Cryptocurrency Is Very Volatile 05:18 - Cryptocurrency Has Still Been Ticking Along Despite COVID-19 05:52 - What Block Chain Is 07:35 - Anonymity Of Cryptocurrency 09:03 - Monetary Limit Of Bitcoin 09:32 - Living Off Just Bitcoin/Making Purchases With Bitcoin 11:38 - NZ Isn’t A Cash Based Society Unlike Some Countries 12:49 - Going Cashless/U.S. Dollar Number 1 Dollar Laundered For Nefarious Purposes 14:07 - Digital Fingerprint Of Cryptocurrency 15:41 - China’s Surveillance Can Still Detect People Based On Their Eyes 16:33 - Black Mirror/Social Credit System In China 18:36 - ICO(Initial Coin Offering)/Pump & Dump Schemes 23:07 - BitTorrent/Youtube Backups 24:42 - Creating Your Own Coin/Josiah Doesn’t Want To Create His Own Coin 26:19 - Red Flags With Certain Coins/BitConnect 28:31 - Investing Is A Gamble/Don’t Take Out Money During A Crash 29:30 - Josiah Bought A House In Auckland 30:38 - You Can Rent And Still Retire By Investing Correctly 32:22 - Peer To Peer Lending 33:28 - Josiah Buying A House Right After 2008 Financial Crisis 34:43 - Boomers Have A Lot Of Disposable Income 37:20 - Paying A Tax On A House Annually 39:33 - Josiah Is Hesitant To Provide Sound Financial Advice About Cryptocurrency 40:52 - Josiah Does Cryptocurrency Because He Loves It Not For Money 42:50 - Josiah Is Terrible With Money 43:09 - Kernel/Not Constantly Looking At Your Investments 44:47 - Cryptocurrency Is A Permissionless Currency 47:20 - Complexity Of Explaining Cryptocurrency/Dont Mortgage Your House 49:10 - Josiah’s Toilet Paper Story/Self Fulfilling Prophecy 52:08 - Negative Things Being Replaced By The Next Negative Thing 52:52 - Emotion Clouds Logical Thought/ Desire Vs Require 54:20 - Allocating Money From Coffee To Digibyte 55:35 - Josiah Sucks At Sticking To Plans/DOOM Eternal/Video Games 57:09 - Josiah Did A Tax Submission To The Government 59:37 - Document Was 40 Pages/Details Of TWG Document/IRD Are Forward Thinking 1:02:52 - Trying To Write The Document So A Five Year Old Could Understand It 1:04:00 - Having A Panel To Provide Expertise To Politicians 1:04:37 - Some Of The Document Has Been Applied By IRD 1:05:49 - Josiah Tells His NZ Herald Cryptocurrency Mining Story 1:09:18 - America’s Cryptocurrency Laws/Tax On Video Games Currency 1:10:45 - Josiah Views On Cryptocurrency Tax 1:12:07 - Josiah Wants There To Be A Cryptocurrency App To Pay For Goods/EFTPOS Vendors 1:14:31 - Cybersecurity/Having A Password Is A Bad Idea/QR Code 1:18:04 - Signing Into Websites Using Facebook Or Google Downsides 1:22:12 - Reece Doesn’t Watch Series Or Video Games These Days Because Of Time  1:23:17 - Netflix Will Make A Ton Of Money From COVID-19 1:23:59 - Podcasts/NZ Podcasts/Why Reece Uses Timestamps 1:26:47 - Joe Rogan Format/Giving People Choice 1:27:52 - Where To Follow Josiah Spackman 1:29:21 - COVID-19 Is A Pivotal Moment In History/NZ Going Cashless