#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