Genius Bitcoin Tax Trick Explained

Chris Kline is the Founder & COO at Bitcoin IRA, https://bitcoinira.com/pomp. In this conversation we talk about bitcoin capital gains tax, what rich people do, different retirement accounts, how BitcoinIRA operates, and what you can do to save money. TIMESTAMPS: 0:00 - Intro 0:48 - Bitcoin capital gains tax 2:53 - Funding and walkthrough of different retirement accounts 10:32 - What do rich people do? 12:00 - What can you do before April 15? 13:29 - How BitcoinIRA operates 21:38 - Are clients trading? 23:23 - Risks and beneficiary process 26:24 - Any major surprises? This episode is brought to you by Bitdeer (NASDAQ: BTDR), a global leader in Bitcoin mining and high-performance computing for AI. Led by a seasoned management team, Bitdeer is driving innovation with its proprietary SEALMINER ASICs for Bitcoin mining and has a massive 2.5 GW power portfolio across three continents. Learn more about Bitdeer at www.bitdeer.com Xapo Bank, the world’s first fully licensed Bitcoin-enabled bank, offers military-grade security with an unmatched blend of physical and digital security, as well as pioneering regulatory oversight, so your funds are always protected. Beyond secure storage, they enable you to grow and use your Bitcoin. Earn daily interest in Bitcoin, spend with zero FX fees using a global card, and make instant payments via the Lightning Network for unrivalled access and convenience. Visit https://www.xapobank.com/pomp to join. Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/ View 10k+ open startup jobs: https://dreamstartupjob.com/ Enroll in my Crypto Academy: https://www.thecryptoacademy.io/ Follow Pomp on social media: Twitter: https://twitter.com/APompliano Instagram: https://www.instagram.com/pompglobal/ LinkedIn: https://www.din.com/in/anthonypompliano/ Website: https://anthonypompliano.com/ #AnthonyPompliano #Pomp