i think the crypto trend now is very exciting. And we're seeing like those those people whom, you like, bonified founders, who 're getting into this. So i don't want to take the steam out of this, like, i think it's a major trent. Just be careful. Know why you're buying something. Is it speculation? Is it for fun? Is it beging to stuper excite? A, yes, it could be some combination of those things. The right thing to do is to just take tene % off, or something in my mind, and lock in some winds.
Crypto is reaching the mainstream, which has major implications for crypto and traditional startups alike. Kruze Consulting COO Scott Orn joins to discuss what regulation and taxes actually apply to crypto (3:17), recent improvements in crypto accounting infrastructure (8:24), appropriately documenting crypto holdings (21:25) and more! With crypto market capitalizations rivaling large cap tech companies, the IRS wants its due. This is a great crash course for properly documenting crypto and avoiding future fines.