Arthur Teller & Zac McClure from TokenTax

Navigating the crypto and tax world, and the trends you need to know, with Zac McClure and Arthur Teller

Navigating the crypto and tax world, and the trends you need to know, with Zach McClure and Arthur Teller

Episode 12 • Oct 13

00:00

41:42

About the Episode

About

Transcript

About the Episode

Transcript

This week, Stuart is talking all things cryptocurrency with Arthur Teller and Zac McClure from TokenTax, the leading crypto tax platform and cryptocurrency tax accounting company. Together they discuss a broad range of crypto topics including how this movement is giving the younger generation a way to gain wealth, the global implications, and the trends in cryptocurrency that everyone in the accounting profession should know about. They even provide an answer to Stuart’s question; “what is going to 20x in value in the next two years”!

Episode Themes

Cryptocurrency

Globalization

Generational shift

Episode Notes

Bitcoin or Ethereum (1:20)
Arthur’s journey toward involved with crypto and TokenTax (3:00)
Zac’s experiences in Zimbabwe and India (5:00)
Discovering cryptocurrency and the birth of TokenTax (7:50)
Being here for the long-haul (13:00)
The IRS’ approach to cryptocurrency (14:00)
The transition from the corporate world to the crypto world (17:20)
Navigating crypto’s complexities and ambiguities (19:10)
The countries showing the most progression and maturity toward cryptocurrency (22:40)
The mistakes occurring in the US (25:40)
The impact of the generational shift (27:00)
What happens when the young become rich (30:10)
Generations interacting and adapting to a whole new concept of economics (33:00)
The importance of (and problem with) common sense (36:50)
Zac and Arthur’s predictions for the coins or tokens that will 20x over the next two years! (38:00)

Episode Themes

Cryptocurrency

Globalization

Generational shift

Episode Notes

Bitcoin or Ethereum (1:20)
Arthur’s journey toward involved with crypto and TokenTax (3:00)
Zac’s experiences in Zimbabwe and India (5:00)
Discovering cryptocurrency and the birth of TokenTax (7:50)
Being here for the long-haul (13:00)
The IRS’ approach to cryptocurrency (14:00)
The transition from the corporate world to the crypto world (17:20)
Navigating crypto’s complexities and ambiguities (19:10)
The countries showing the most progression and maturity toward cryptocurrency (22:40)
The mistakes occurring in the US (25:40)
The impact of the generational shift (27:00)
What happens when the young become rich (30:10)
Generations interacting and adapting to a whole new concept of economics (33:00)
The importance of (and problem with) common sense (36:50)
Zac and Arthur’s predictions for the coins or tokens that will 20x over the next two years! (38:00)

About the Guests

TokenTax is the only cryptocurrency tax software that integrates with every crypto exchange. They import your data via API or CSV and reconcile it with your trading history, automatically generate tax forms to track your capital gains, and help you choose the right reporting strategy. Zac co-founded TokenTax after his career in international finance and accounting at JPMorgan, Imprint Capital and Bain. Arthur joined as COO after fifteen years in Big 4 public accounting.

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