The Accounting Podcast Crypto Update with Shehan Chandrasekera & Dr. Sean Stein Smith
Guests
Shehan Chandrasekera, CPA
https://www.linkedin.com/in/shehanc/
- CPA Practice Advisor 40 Under 40 honoree
- Head of Strategy for Tax at CoinTracker
Dr. Sean Stein Smith, CPA
https://www.linkedin.com/in/dr-sean-stein-smith-dba-cpa-63307444/
- Assistant Professor at Lehman College (CUNY)
- Founder at Company NameInstitute for Blockchain & Cryptoasset Research
Show Notes
2:55 - Bitcoin to Come to America’s Oldest Bank, BNY Mellon
https://www.wsj.com/articles/bitcoin-to-come-to-america-s-oldest-bank-bny-mellon-11613044810
4:49 - Tesla Buys $1.5 Billion in Bitcoin: What Could Possibly Go Wrong?
https://www.wsj.com/articles/tesla-and-bitcoin-what-could-possibly-go-wrong-11612797620
5:47 - What Do Bitcoin and Tulip Mania Have in Common?
https://interestingengineering.com/what-do-bitcoin-and-tulip-mania-have-in-common
5:50 - The underlying value of cryptocurrency
7:00 - Store of value, or more?
8:18 - Exiting Robinhood Could Create A Tax Nightmare For Crypto Users
https://www.forbes.com/sites/shehanchandrasekera/2021/01/28/exiting-robinhood-could-create-a-tax-nightmare-for-crypto-users/?sh=7a02ea1b4ad6
11:07 - Five taxable events regarding crypto
14:42 - Four types of cryptocurrency holders in the U.S.
16:18 - If your clients hold crypto, what risks do you face, as an accountant, or tax preparer?
21:39 - Asking About Crypto on An Organizer? It's Not Enough
By Gary Boomer
22:00 - Is Bitcoin a bubble?
33:27 - What does the future hold for Bitcoin?
38:53 - What are the business use cases for blockchain?
41:10 - Smart contracts in the blockchain
Additional Crypto Reading:
Mastercard to Support Some Cryptocurrencies on Its Network
https://www.wsj.com/articles/mastercard-to-support-some-cryptocurrencies-on-its-network-11613004823?mod=article_inline
Intent On Ban, India To Give Transition Time To Crypto Investors
https://www.bloombergquint.com/business/intent-on-ban-india-to-give-transition-time-to-crypto-investors-bq-exclusive
As Bitcoin Soars Toward $50,000, Data Reveals Tesla Billionaire Elon Musk Triggered A $1.2 Billion Price Short-Squeeze
Bitcoin Is an Incredibly Dirty Business
https://www.bloomberg.com/opinion/articles/2021-01-26/is-bitcoin-mining-worth-the-environmental-cost
Bitcoin's wild ride renews worries about its massive carbon footprint
What is dogecoin? Elon Musk has sent the meme cryptocurrency soaring
https://finance.yahoo.com/news/what-is-dogecoin-the-meme-cryptocurrency-elon-musk-has-sent-soaring-170244933.html
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