The Importance of Self-Custody in Cryptocurrency

This chapter explores the risks associated with central exchanges in cryptocurrency, advocating for self-custody and the importance of holding private keys securely. It also addresses tax planning concerns for Bitcoin holders and highlights innovative solutions for managing wealth in the digital asset space.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

IN THIS EPISODE, YOU’LL LEARN:

02:20 - What's happening at the state level with Bitcoin legislation?
08:34 - Why Parker encourages people to delete Facebook.
10:39 - Parker's thoughts on the current supply chain issues.
29:55 - Parker's thoughts on the debt ceiling.
55:53 - Whether a Bitcoin ETF will impact things much.
01:03:19 - Does the typical person have the capacity to self-custody?
01:12:06 - Tax planning for people with sizable Bitcoin gains.
01:16:06 - Parker's thoughts on Bitcoin lending.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Parker Lewis's article: Bitcoin is the Great Definancialization.
Parker's company Unchained Capital.
Read the 9 Key Steps to Effective Personal Financial Management.
Browse through all our episodes (complete with transcripts) here.

SPONSORS

Support our free podcast by supporting our sponsors:

Bluehost
Fintool
PrizePicks
Vanta
Onramp
SimpleMining
Fundrise
TurboTax

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app

Home Top podcasts Popular guests