The Liberty Advisor Show W/ Tim Picciott

LAS e 31: Ernest Hancock on the Decentralization of Everything.

Watch full video here: https://www.bitchute.com/video/Ti2fj1FyY5nE/

Aside from Ron Paul... no one had as big an impact on launching the Ron Paul Revolution as much as Ernest Hancock.

Ernie as he is affectionately known created the R3volution logo and also hosted the first Ron Paul meetup group in America.

Ernest was also one of the very first radio show hosts to talk about Bitcoin and Crypto Currencies.  

The bio could keep going and going but bottom line is that Ernest basically knows everyone surrounding the Liberty movement and if you haven't heard of him before you won't want to miss this.

On this episode we get into the decentralization of everything as well as many more inside baseball stories.

 

Show Notes:

DYI show with Colin Cantrell: https://www.freedomsphoenix.com/Media/221898-2017-07-19-07-19-17-colin-cantrell-bonus-interview-video-mp3-loaded.htm

Prequel to Tim & John Show e 1: John Sneisen Breaks Down the Everything Bubble

Watch full video here: https://www.bitchute.com/video/cNywcBNNCRbC/

 

 

Support John by purchasing his book here: https://www.amazon.com/Canada-Greatest-Economy-World-yourself/dp/1988497051

Subscribe on youtube here: https://www.youtube.com/channel/UCLdZo0Mkh_z2IQZSmD8Iy0Q/videos

 

 

 

Today we are joined by economic analyst Author Researcher John Sneisen

You can find John’s work on World Alternative Media where Josh Sigurdson and John have really built

Quite the impressive following.  They’ve really been growing like crazy which is great to see but they are not overnight successes.  Josh and John have been pumping out content for years and its actually amazing to see the amount of content you guys put out especially since Josh is editing the videos himself.

 

One of the reasons I wanted to bring John on the program is because he’s one of the few economic analysts that A knows what s going on and B didn’t capitulate in the face of everyone telling us we were in the greatest economy in the history of the world.

I also want to point out that John is coming to us from Canada today and really this is not just an American economic situation that is unfolding its really a global situation that’s going on.

Probably a good place to start might be to actually talk about what’s going on in Canada as like most ignorant Americans I don’t pay a ton of attention to Canada but it does seem that reliance on oil and foreign real estate buyers could pose a problem. 

To me it seems that the Vancouver real estate market can’t keep going up at the same rate its been going up and two years ago I was having a discussion with a buddy of mine and I told him I thought shorting Canadian housing and DB could be catalysts but its not just Canada its also Australia and I know you’ve done some reporting on that as well.

 

 

You won't want to miss John's inaugural appearance on the show

 

Topics of Discussion:

Economic Situation with Canada and Australia 

US Bond Market

Federal Reserve

2020 Election / Trump walking into a trap

Us Economic Outlook

CWS e 8: Crypto and Your Taxes

Full video here:https://youtu.be/Nbssed9-2SI

 

 

The intersection of Crypto Currencies and taxes is a very tricky subject.

In this podcast we address the difference between short term gains and long term gains and how some tax payers may even be in a 0% bracket without even realizing it.  

Ever wonder how Airdrops are taxed?  Or what about forks?  What happens when you swap a main net coin for a token. i.e Ethereum for an ERC-20 token.

 

How is mining treated and when is the tax applied?  Is the tax applied when you receive the coins or is it applied when you sell the coins?

What about wash sale rules?  Are you allowed to claim a loss and immediately buy your bitcoin back?   How does the IRS view crypto?

All of these subjects and more are discussed and make sure to stick around for our ad at the end which goes over important reasons to consider a crypto IRA?

Rough outline below:

 

Today we are joined by Beth logan who is an enrolled agent with kozlog tax advisers.  Beth is one of the few tax professionals who has an understanding of crypto and more importantly what that means for you and your taxes.   The government has sure made it difficult for people to understand what the heck is going on.  IRS says bitcoin is property but what does that mean for others…. CFTC says it’s a commodity and the SEC says that ICO’s are more than likely securities but bitcoin and Ethereum aren’t securities.  Bottom lines it’s a mess.  A lot of people are confused and that’s where Beth can help us out.

 

 

I think the first thing people want to know is what is an enrolled agent and maybe what the difference between an EA and a CPA we’ve all heard of  Certified public accountants but most people probably have no idea what an EA is? So can you help us out a little and break down the distinction.

 

Beth Logan:  taxes@kozlog.com

 

 Some of the questions we answered:

1. What are some important distinctions crypto investors need to make as it pertains to how their gains are treated.
   1. Lets say I got started early and I was mining with my laptop… How would that be treated?
   2. What about the person who bought a few bitcoin off coinbase several years ago and last year they exchanged some of it for another crypto?
      1. Would this be treated as a like kind exchange even if it happened before 2018 in your opinion.
      2. We’ve seen some examples where someone turned $5000 of bitcoin into $500,00 then they exchanged the 500k into another crypto that lost 90%.... which is most of them. Let’s say they owed 100k in taxes and now they don’t even have $100k…   What should someone in this case do? And this is a very real possibility for a lot of people
      3. Are gains treated differently if I’m a day trader vs a long term HODLER?

 

2. Running into the end of year. What should people be mindful of as they are doing their taxes.  Any last second things they need to be aware of?

 

1. Segway into Wash sale rules and property vs security. Could someone sell bitcoin today who bought it at $20k.  Take the loss and immediately buy back. Could they buy back same day?  Wait 30 days?   Get into 3k max loss but can offset future gains
   1. Long term vs short term gains
   2. Anything else

                   

3. What about crypto businesses or ICO’s that raised maybe $25 million in Ethereum and maybe now its only worth $2.5 Million. If they pay their employees in Eth are the employee’s basis the price of ether when it was transferred?  Can the company write any of these losses off?
   1. Probably something this company would want to talk with you or someone like you one on one as a lots going on.
4. Question from the audience: What about people who mainnet coins to tokens? Someone exchanges ETH for an ERC 20 token like Binance coin?
5. good crypto tax trackers recommended,
6. Anything I didn’t touch on that you think people should be aware of

-

Can you work with people around the country?

How people can reach you       - ok to link in show notes?

-How you charge -Hourly        - do you want to say how much?

 

Free Talk Live appearance at Anarchapulco 2018

https://www.freetalklive.com/podcast/2018-02-15

On this episode of the podcast Tim is interviewed by Ian Freeman of Free Talk Live at Anarchapulco 2018 in Acapulco Mexico. In this show Tim describes the recent business change he made and how he ended up at Anarchapulco and as a speaker at The Dollar Vigilante Investment Summit. Tim and Ian also get into the current financial landscape and how Tim came to finding out about liberty.

Anachapulco is the largest gathering of voluntarist and free thinkers who are trying to change the world through, peace, love, crypto and anarchy. This year there were over 1500 people in attendance which was a sell out crowd. Next year they are making plans for up to 4000 people. Many of the top speakers in liberty and crypto were there and you should be too. Please like and share the episode.

Episode 14 - Tim interview Congressional Candidate Sheriff Richard Mack.

Full video here:https://youtu.be/PsLlyeenJT4

 

Today on the podcast we are honored to have Sheriff Richard Mack. The Sheriff is running for congress on a Libertarian Constitutional platform as a Republican. The election is Feb 27th and he needs our help. We hope you enjoy this wide ranging discussion and if you care about your rights and freedoms I'd highly encourage you to like, share and donate to the Sheriff.

 

 

https://sheriffrichardmack.com/

 

 

Platform

As a former Sheriff I know that President Trump needs to “call backup” in the US Congress to Drain the Swamp!  He can’t do it alone, and far too often there are those in our own party that are fighting his ability to keep his campaign promises.
 
When I am in DC as your next Congressman you know that as a Constitutional Conservative I want to make 5 things happen:
 
1) Abolish superfluous and corrupt bureaucracies. The recent "Memo" release and its accompanying scandal shows once again how federal agencies can no longer be trusted. Crimes committed by the IRS, FBI, DEA, EPA, FDA, BATF, BLM, and many others are precisely why the Swamp must be drained and drastically so! The FBI and IRS have been used by desperate Presidents as hitmen against their political enemies. The DEA has accepted bribes in the form of prostitutes from Colombian cartels and the Dept. of Ed now uses SWAT teams to collect unpaid student loans. All of these agencies attack innocent Americans with impunity and unbridled cruelty. We need members of congress with the courage and determination to get rid of these "swamp dwellers." Freedom and the American dream cannot co-exist with such rogue criminal bureaucrats. 
 
2) Take back Arizona lands from the Federal Government.  The federal government thinks it owns 70% of our State! They run our land, our Grand Canyon, our education, our health care, our farms and ranches, our copper mines, and monitor every financial transaction that each of us makes daily. It's time to end this insanity. Arizonans can and should run Arizona! Let's take back our land and send the federal bureaucrats back where they belong.
 
3) Follow the Bill of Rights.  We are constantly being watched, monitored, and wiretapped. The NDAA, FISA, Patriot Act, and a slew of other "laws" have created a government that has stolen the authority to tap in to every phone, fax, text, and computer transmission. Why? To keep us safe, of course. (It's all for our own good.) Yes, this part of the Swamp must also be drained. 
 
4) Audit the Fed.  The Federal Reserve has never been audited or held accountable for its actions. In 1913 Congress abdicated its constitutional duty to "coin money [and] regulate the value thereof" and turned it over to private banks. This was a disastrous mistake and must be corrected forthwith. Our economic survival depends on members of congress that will do this. Do you know anyone running for congress who will? Sheriff Richard Mack will!
 
5) Slash the size of government.  The Founders of America established a new experiment based on natural rights, limited government, and a system that allowed the people to govern themselves. They believed that the best government was least felt by the people and that all bad government was a result of too much government. America's survival depends on us returning to the original path as established some 240 years ago.  
 
So drain the swamp, take back our lands, cut the size and scope of bureaucrats, restore accountability, stop government crimes and corruption, and return to our foundation. This is only possible if you vote for the person with the courage to do it! 

 

Back Sheriff Richard Mack

Episode 10 - Doug Casey, Ernest Hancock and Tim Picciott

Audio only: https://www.youtube.com/watch?v=BX2N4BVhlcU

https://www.freedomsphoenix.com/Media/231188-2017-12-15-12-15-17-doug-casey-tim-piccott-kent-lewiss-video.htm

 

 

We are very excited and honored to have Doug Casey on the podcast and for 2 FULL HOURS!  In this podcast Tim and Ernie interview Doug Casey from the studios of Freedoms Phoenix .  In this wide ranging and in depth interview,  Doug shares his thoughts on Crypto, the economy, spirituality, the singularity, IPOing' the Saloman islands and much more.  We also discuss Doug's latest novel's "Drug Lord" and "Speculator" both of which can be found at www.highgroundseries.com.

 

Bio:

Doug Casey is a Best-selling author, world-renowned speculator, and libertarian philosopher. Mr Casey has garnered a well-earned reputation for his erudite (and often controversial) insights into politics, economics, and investment markets.

 Doug is widely respected as one of the preeminent authorities on “rational speculation,” especially in the high-potential natural resource sector.

 Doug literally wrote the book on profiting from periods of economic turmoil: his book Crisis Investing spent multiple weeks as #1 on the New York Times bestseller list and became the best-selling financial book of 1980 with 438,640 copies sold; surpassing big-caliber names, like Free to Choose by Milton Friedman, The Real War by Richard Nixon, and Cosmos by Carl Sagan.

 Then Doug broke the record with his next book, Strategic Investing, by receiving the largest advance ever paid for a financial book at the time. Interestingly enough, Doug’s book The International Man was the most sold book in the history of Rhodesia. And his most recent releases Totally Incorrect (2012) and Right on the Money (2013) continue the tradition of challenging statism and advocating liberty and free markets.

 He has been a featured guest on hundreds of radio and TV shows, including David Letterman, Merv Griffin, Charlie Rose, Phil Donahue, Regis Philbin, Maury Povich, NBC News, and CNN; has been the topic of numerous features in periodicals such as Time, Forbes, People, and the Washington Post; and is a regular keynote speaker at FreedomFest, the world’s largest gathering of free minds.

 Doug has lived in 10 countries and visited over 175. Today you’re most likely to find him at La Estancia de Cafayate (Casey’s Gulch), an oasis tucked away in the high red mountains outside Salta, Argentina. Cafayate most resembles the isolating beauty of Bryce Canyon, Utah combined with the lush vineyards of Napa Valley. Residents enjoy economic and social freedoms not found in the US and some of the best wine and golf on the planet. Make sure to check out both of Doug's most recent novels "Drug Lord" and "Speculator" at www.highgroundseries.com

Episode 7 - Adam Kokesh launches his Presidential Bid!

Full video here:https://youtu.be/uc5zr7w8qYY

 

Todays guest is Adam Kokesh.  Adam is a Freedom activist and Iraq war vet.  Adam has been a very outspoken critic of the Iraq war and the US military industrial complex.  Adam is currently running for President as a candidate for the Libertarian Party, while simultaneously running a platform to not be your president. 

 

In this podcast Adam talks about how he became an activist, how the Taxation is Theft tour went, the delegate strategy that he is laying the ground work for; what not for president means, localization, blockchain, the Libertarian Party and much more.

 

You can follow and support Adam at www.thefreedomline.com

Make sure to check out his book “Freedom”.  You can download a free copy or watch the youtube read along or download the mp3 on numerous platforms including itunes.

 

 https://youtu.be/uc5zr7w8qYY

 

 

Notable videos:

https://www.youtube.com/watch?v=PWeF6lwg4aY

 

https://www.youtube.com/watch?v=3wpL_Oxw1T8

 

https://www.youtube.com/watch?v=z4E0sgV84Lk