Kiwi Talkz #42 – Josiah Spackman (Cryptocurrency, Blockchain, 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

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

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