31 Articles 1 Followers
4 Jan 2022 4 minute read 3 comments bengy
Unsplash There is no nice way to say this... but crypto accounting in Australia (and other Capital Gains Tax jurisdictions) is politely described as poop... or as a pain in the arse. Capital Gains requires a crapload more tracking of exact...
12 Nov 2021 6 minute read 1 comment Abhijoy Sarkar
Everybody knows by now about the SHIB whale wallet (recently split the balance into more wallets) which bought USD 8,000 worth of the meme tokens last year and is now worth close to USD 3.6 Bn as of the time of writing this article. This number was e...
8 Nov 2021 5 minute read 8 comments kev_nag
***INTRODUCTION*** After a long day in session, late Friday night (November 5, 2021) the U.S. House of Representatives passed the Infrastructure Investment and Jobs Act (H.R. 3684) by a vote of 228 - 206. This vote included 13 Republicans voting in f...
25 Sep 2021 6 minute read 0 comments bengy
Unsplash This is my little series on the big move back to Australia. Perhaps I will look back in the future and laugh... or cry!Part 1: Finding a Moving CompanyPast 2: A Slight Travel Panic Ah, moving back to Australia has some benefits...
1 Sep 2021 6 minute read 2 comments bengy
Crypto Tax Accounting: Cointracking Crypto accounting is a bit of a nightmare at the moment. Tools to track transactions are a bit janky at best but I have found that Cointracking has been the best one that I've used so far. Unlike other port...
2 Jun 2021 5 minute read 0 comments FrMkII
This is a series of guides for crypto newbies, with a focus on investing in Australia, although a lot of the advice will be suitable for a global audience. This is a guide from the point of view of people new to the space, without in depth knowledge...
18 Mar 2021 2 minute read 1 comment Hamminy
You don't have one. Questions? Drilling down: Crypto, bitcoin especially, is sovereign. That means your country has NO CLAIM TO IT. Moreover, it is not in any way defined by or against any fiat currency. The fact that they can be exchanged for fiat c...
22 Jan 2021 2 minute read 1 comment Hamminy
The Chinese New Year (CNY) historically corresponds with a dump in crypto. US tax season comes right after. This year is a bit different because of the Plague, however, so the question is will CNY and Uncle Sam make the market bleed in 2021? CNY corr...
16 Jan 2021 4 minute read 0 comments Hamminy
Honestly, I don't even know why I'm talking to you right now, Uncle. You haven't called me in years, and you don't have jurisdiction over sovereign assets. I honestly think that you're only getting in touch with me because you heard about my success...
18 Dec 2020 3 minute read 4 comments Hamminy
US Treasury Secretary Steve Mnuchin is set to impose useless, ridiculous regulation aimed at self-hosted wallets. But since he can't really regulate the apps you put on your computer, he has to do it through the exchanges. What the regulation really...
