Trace Mayer Doubles Down: The 7 Network Effects of Bitcoin
We had the opportunity and the honor to interview the great Trace Mayer for our podcast Double Down:
If you only have 15 minutes to spare this entire week, make sure you use that time to listen to what Trace has to say. For those who don't know him yet, Trace is an early adopter and investor in bitcoin. Like seriously OG back from the days when $BTC was pennies, not even dollars yet.
For me, what is happening in the bitcoin space right now at this moment is as exciting as those days of 2009-2011. If you listen to this interview, you'll see why I think that. Get ready for the velocity of bitcoin to speed up as adoption rate skyrockets and the reasons to HODL grow at lightning speeds!
LISTEN HERE. CLICK HERE. THIS IS THE LINK HERE!
Topics discussed include: lightning network, atomic swaps, Arizona taxes in bitcoin, Schnorr signatures, Segwit, etc etc etc
[Signed, Stacy]
Paying taxes in Bitcoin is a game changer! I believe that the “legal tender” debate is a valid one when you’re looking at it from a mass adoption standpoint. With Arizona stepping up to the plate this could set a new standard for other states and potentially the federal government as well! Long live Bitcoin!! 💰💰
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Thanks for such an informative interview,
I hadn't thought government taxation would come for a few years and certainly wouldn't expect for it to come from the U.S,
even though in Ireland we are already obligated to declare and pay CGT(Capital Gains Tax) on any cryptos already the same as with any investment in a currency, share or stock but this is self assessment and taxed at 33% so id say the filings are few and far between.
Trace Mayer seems very knowledgeable in trading and crypto in general and must learn more on his analysis tool, Mayer Multiple and his hypothesis on the different network effects leading to mass adoption of bitcoin.
P.S
Have you considered uploading your podcasts to Steem's native decentralized audio streaming platform @dsound?
I think it could help you spread the valuable information in your broadcasts to a wider audience whilst also gaining in monetization.
https://dsound.audio/#/feed
Sounds like everything is coming to Bitcoin!
Sorry Max, I listened to a podcast with Trace Meyer recently and he came across as an arrogant know it all who was very dismissive of alt coins.
The way he refers to China comes across as borderline racist.
He should look up the flippening when Ethereum replaces bitcoin as the largest crypto by market cap.
Bitcoin has many problems which bitcoin fundamentalists such as Meyer conveniently ignore.
There is a huge amount of innovation going on in the crypto world particulalrly with second and third generation blockchain cryptos.
Bitcoin gets far too much attention when there are much better alternatives out there.
Great interview and always love your show. In these 15 minutes you basically laid out the whole future of Bitcoin quite nicely.
Thanks! Yes, I think so. :D
Thanks for posting the interview Stacy. Trace Mayer is very smart and there's so much happening right now: the AZ tax payments, lightening network, regulators softening (maybe), Eth should be looking over it's shoulder!? Really hard to keep up. Glad to have you keeping us informed here on Steemit!
I hate to disagree but you got it the wrong way around. Bitcoin should be looking over its shoulder at Ethereum and all the other altcoins that will eclipse it.
Satoshi Nakamoto's whitepaper does not say anything about bitcoin becoming an expensive store of value or digital gold 2.0.
I'm citing highlights that they discussed in the podcast which surprised me. One of them being: Trace Mayer said of Ethereum that it might have been an unlicensed securities offering and that they should be looking over their shoulder if there is going to be some enforcement actions. So looking over their shoulder for the SEC not BTC. At this point Ethereum does not have to look over its shoulder for Bitcoin because Bitcoin is still in the lead. You should listen to the interview before leaving comments.
Ouch a bowl of milk for table number 9!
The whitepaper only said what it was on day one, not what it will remain. Almost nothing in the world of tech remains in its original form.
Where's the link?
Just kidding. I listened to it twice. Fantastic, and sharing.
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Government acceptance, will be their downfall.
great one.thanks
Excellent interview, Stacy and Max! I hope other states also can adopt the payment of taxes via cryptocurrencies. That would move these to the forefront of adoption nationwide.