Digital Asset Discussion #143

Published: March 29, 2022, 10:30 a.m.

b'Digital assets have the potential to start (or perhaps already are) significantly altering the global financial landscape. Yet the rapid evolution of the industry and a sea of unfamiliar technical terms has many feeling a bit lost and overwhelmed. Tune in as guests Nik Fahrer, Brian Condron, Jeremy Goss, Tom Haldiman, Neal Maddy, and Geron Morgan discuss the why, the what, the risks, and the opportunities associated with digital assets. Here\\u2019s what\\u2019s covered:

  • Who are our guests? [01:53]
  • What problem are digital assets solving and why are they important? [07:27]
  • Nonfungible tokens (NFT), Web 3.0, and use cases [16:49]
  • What\\u2019s a smart contract? [21:10]
  • Decentralized Finance (DeFi) [24:13]
  • Wallets [33:48]
  • Is it anonymous? [40:57]
  • Illegal activity [48:29]
  • Stable coins and central bank digital currency [50:59]
  • Decentralized autonomous organizations [56:51]
  • Regulation and tax challenges [01:05:29]
  • Reporting and accounting considerations [01:20:05]
  • How to get started in and learn more about crypto [01:27:12]
  • Executive order on digital assets [01:36:44]

Learn more about our guests and get additional resources here.

GET MORE SIMPLY TAX

We\\u2019re excited to also provide video content to strengthen your tax mind! Check it out on our\\xa0YouTube channel.

A complete archive of our episodes is available on our\\xa0website\\xa0and\\xa0YouTube playlist.

We\\u2019d love to hear from you! Email feedback and questions to\\xa0SimplyTax@bkd.com.

Connect with Damien on social media!

LinkedIn\\xa0|\\xa0Twitter\\xa0|\\xa0Instagram\\xa0|\\xa0YouTube

'