WholesomeCrypto Podcast

SummaryIn this episode of the Wholesome Crypto podcast, Rudy interviews Patrick Camuso, a CPA specializing in cryptocurrency taxation. Patrick shares his journey from discovering Bitcoin to founding his own CPA firm, Camuso CPA. He discusses the complexities of crypto taxes, the emotional challenges faced by clients, and the evolving landscape of IRS regulations. The conversation highlights the importance of staying informed in the rapidly changing crypto environment and the need for transparency and support in navigating tax implications. Patrick also reflects on the wholesome moments in his career and the significance of client trust.Takeaways* Patrick's journey into crypto began with reading the Bitcoin white paper.* He recognized the tax implications of crypto early on.* The emotional aspect of crypto taxation is significant for clients.* IRS compliance is becoming increasingly stringent.* The introduction of the 1099 DA will change how crypto taxes are reported.* Patrick emphasizes the importance of transparency with clients.* Institutional investment in crypto is a sign of maturity in the market.* The burden of proof for tax reporting lies with the taxpayer.* Many individuals are unaware of the complexities of crypto taxes.* Building a firm requires a different skill set than working in a big four accounting firm.Chapters00:00 Introduction to Patrick Camuso and His Journey02:59 Discovering Bitcoin: The Initial Encounter05:55 The Road to Becoming a CPA and Entrepreneur09:03 Navigating the Complexities of Crypto Taxation11:45 Emotional Support in Crypto Tax Consulting14:35 IRS Regulations and the Future of Crypto Taxation17:22 Understanding the 1099 DA and Its Implications20:19 The Evolution of Crypto Accounting Standards22:47 Understanding Cryptocurrency Accounting Challenges28:48 Navigating IRS Regulations and Compliance33:54 The Impact of Institutional Investors on Crypto39:43 Wholesome Moments in the Crypto Journey This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wholesomecrypto.substack.com

🌿 Stay Bizzes’ mission: to reduce environmental impact through blockchain tech. A refreshing take on how digital innovation can lead to a greener planet.💡 Quantum-Level Security Blockchain Partnership: Get a sneak peek into the future of secure digital interactions with Greg's discussion on partnering with SQE, a leap towards quantum-level security in blockchain technology.🤝 Community and Opportunity: Greg shares his wholesome crypto stories of artists and individuals finding their place and prosperity within the NFT and crypto communities.👀 What's Next for Stay Bizze: Stay tuned for the upcoming launch of their MVP and how they're integrating blockchain to revolutionize the way we do business cards. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wholesomecrypto.substack.com

🚀 From Curious to Crypto Leader: Discover how Nixo's unexpected journey from navigating the Silk Road with Bitcoin led to a deep dive into the crypto world.💻 A Rollercoaster of Experiences: Relive Nixo's rollercoaster ride through the highs and lows of early Bitcoin trades, hilarious mix-ups with Russian rubles, and the dramatic Mt. Gox saga. It's a blend of mishaps and milestones in the crypto journey!🔑 The Staking Revolution: Dive into the evolving landscape of Ethereum staking. Nikso's transition from grad school to leading ETH staker communities is a story of passion, persistence, and the power of community in the crypto realm.🌐 The Power of Decentralization: Get a glimpse into Nixo's vision of a decentralized future. From setting up solo validators to championing staking inclusivity, it's a narrative of tech-driven empowerment and the quest for a more equitable crypto space.🧭 A Crypto Nomad's Insights: Explore the global impact of crypto through the eyes of a digital nomad. Nixo's experiences offer a unique perspective on how crypto is reshaping economies and communities worldwide. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wholesomecrypto.substack.com

🎨 Discover Matts’ Path to Crypto: Matt delves into his journey into the crypto world, starting with Bitcoin trades via Cash App and stumbling into the NFT space. Hear how his initial skepticism turned into a golden opportunity!🐱 The Origin of 'Cats Will Eat You': Find out the hilarious and unexpected backstory behind Matt's unique moniker. It's a tale that involves a graphic design instructor, a house cat, and a morbidly funny classroom moment!🔗 17 Years of Daily Art - Preserved on Blockchain: Matt shares his impressive commitment to creating daily art for nearly two decades. Learn how he sees blockchain as a way to immortalize his vast collection and maintain his artistic legacy.🖌️ The Struggle of an Artist in the Digital Age: Listen to Matt's experiences with various NFT platforms, the challenges of getting recognized, and his thoughts on the current state of the art and crypto community.💡 Artistic Inspirations & Crypto Community Dynamics: Matt opens up about his influences, from Frida Kahlo to digital glitch artists, and discusses the ups and downs of navigating the crypto space, including dealing with scams and finding genuine connections. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wholesomecrypto.substack.com

Join Rudy in this captivating episode of WholesomeCrypto Podcast as he welcomes Coco, a unique blend of tax professional, musician, and crypto enthusiast. Dive into Coco's unexpected journey from the stock market chaos of the pandemic to the vibrant world of cryptocurrency. Discover how a simple curiosity about Bitcoin evolved into a deep passion for Ethereum, shaping his digital and social life.Hear about Coco's transition from tax expert to a crypto composer, creating music that echoes the ethos of the crypto community. His stories reflect the balance between family, work, and passion, highlighting the power of music in uniting people under the umbrella of technology and finance.This episode offers a glimpse into the human side of cryptocurrency, showcasing how personal interests and professional skills can intertwine to create something truly inspiring and wholesome in the crypto space. 🎶🌐💼Wholesome Crypto Socials:Website Twitter Reddit Linktree LinkedIn Patreon This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wholesomecrypto.substack.com

Drew is shining a light on blockchain and cryptocurrency projects that are making use of this innovating technology for the advancement of social good. Crypto Altruism provides educational content, highlight inspiring projects, and support for the non-profit sector to advance the adoption and implementation of this groundbreaking technology. Listen in to how Drew got started and his incredible journey! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wholesomecrypto.substack.com

James has been leading the Octant mission to fund public good projects while you earn ETH rewards! From humble beginnings to achieving his aspirations, James shares his experiences of overcoming obstacles, learning from failures, and celebrating successes. His story is a testament to the power of resilience and innovation. Tune in to get inspired and gain valuable insights into turning challenges into stepping stones for success. Octant - https://octant.build/Wholesome Crypto Socials:Website Twitter Reddit Linktree LinkedIn Patreon This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wholesomecrypto.substack.com

You'll get a refreshing and wholesome take on the world of cryptocurrency from software developer Mike. With his unique perspective, Mike brings a lighthearted and humorous approach to discussing the industry, while also diving into important topics like decentralization and community support. With his dedication to building useful and fun projects, and his commitment to donating to nonprofits and public goods, Mike's insights on cryptocurrency are not to be missed. Whether you're a seasoned crypto enthusiast or a curious newcomer, this podcast is sure to entertain and educate. Mike Socials:Twitter, WebsiteWholesome Crypto Socials:Website Twitter Reddit Linktree LinkedIn Patreon This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wholesomecrypto.substack.com

Porter, a cryptography and cryptocurrency expert with a unique background in math and computer science. Porter's passion for education shines through his popular TikTok account, where he breaks down complex math concepts. Dedicated to making Zero-Knowledge (ZK) resources accessible, he recently taught a beginner-friendly ZK class. As an smart contract security auditor for FYEO, Porter focuses on security while also promoting mental health and personal growth in the fast-paced crypto world.Porter Socials:Twitter YouTube FYEOWholsome Crypto Socials:Website Twitter Reddit Linktree LinkedIn Patreon This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wholesomecrypto.substack.com

I personally use StakeWise and I couldn't be more excited to learn more about their story. Join co-founders Dmitri and Kirill as they share their journey in the crypto space and building Stakewise, a staking protocol that allows users to earn rewards while maintaining liquidity. They discuss the importance of trust and security in attracting users to the protocol along with finding a critical bug that saved staking communities. We also discuss the upcoming Shanghai event and the impact it will have on the liquid staking market. Discover the exciting developments of Stakewise v3, their focus on community and advancing the mission of Ethereum, and their commitment to making staking accessible for everyone. Don't miss this fascinating conversation with the Stakewise team. StakeWise Links: Website Twitter DiscordWholsome Crypto Socials:Website Twitter Reddit Linktree LinkedIn Patreon This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wholesomecrypto.substack.com