Confused by Crypto Taxes? What you need to know.

Trigger warning: I have decided to make a video about crypto taxes (eep!)

First of all, this is not tax advice. These are things that I've learnt and I wanted to share them. (And it applies to US taxes only!)

Second, this is not an endorsement of taxes. Many will argue it’s ethical to pay taxes because they support public goods. But a significant portion of your taxes goes towards funding things like the military invasions and occupations, so I can't get behind an ethical justification of taxes.

Third, many people use taxes as an excuse for why they shouldn't use crypto everyday. Taxes are really not a show stopper, and I hope through this video to make them a little less daunting!

Fourth, there are some neat tricks regarding retirement accounts and donations that might be able to help you.

Huge thank you to Roger Brown for his help with this video. You can check out his company Lukka here: https://www.lukka.tech/
A great tool for institutions calculating their taxes!

To make a tax-deductible (in the US) donation to NBTV, visit: https://cointr.ee/nbtv

Sign up for the free cryptobeat newsletter here:
https://Naomibrockwell.com/cryptobeat

Here are a bunch of products I like and use. Using these links helps support the channel and future videos!

Recommended Books:

Permanent Record - Edward Snowden
https://amzn.to/305negc

No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State - Glenn Greenwald
https://amzn.to/2UQmJ4m

What has the government done to our money - Rothbard
https://amzn.to/2KMzmcu

Naomi's Privacy Bag: some of my favorite products to help protect your privacy!

Use the Brave browser! https://brave.com/nao076

USB-C to ethernet adapter:
https://amzn.to/2lOVBoy

Lightening to ethernet adapter:
https://amzn.to/2nWyNns

Faraday bag wallet (signal stopping, to protect your fob, credit card, and phone)
https://amzn.to/2SUkPhu

Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred)
https://amzn.to/2SVh0J2

Computer privacy screen (use your computer in public? Keep your information safe!)
https://amzn.to/2SXYHmf

Phone privacy screen (don't let people in public see your private data)
https://amzn.to/2YyJMnH

Camera cover (for computers and phones, so no one can access your camera without you knowing)
https://amzn.to/2Mt7Hic

Privacy Tip: Don't use wifi, and if you must, append the tag ‘_nomap’ or ‘_optout’ to your SSID to stop other websites tracking your location.