CBDC & ChatGPT: Changing Tax, Transactions, AI, & Crypto!

Clinton and David Canedo discuss the rising popularity of AI in industries like cryptocurrency. They explore the potential of ChatGPT-4, a language for AI, to revolutionize programming and make crypto trading more efficient. They also touch upon the impact of CBDCs on the financial industry and the tax challenges faced by crypto traders. The episode emphasizes the importance of understanding and leveraging AI in today's tech-driven world.

💎 Guest: David Canedo, Head of Tax and Compliance Strategy at Accointing by Glassnode
For daily insights into Crypto portfolio tracking, market intelligence, tax and compliance solutions for smart investors, follow Accointing by Glassnode:
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▬▬▬▬▬ TIMESTAMPS ▬▬▬▬▬

[00:00:00] Intro
[00:00:13] AI discussion
[00:00:25] ChatGPT and cryptocurrency trading
[00:00:44] ChatGPT and gain calculation products
[00:01:20] AI popularity and blockchain replacement
[00:02:00] AI's potential to scale human knowledge and increase productivity
[00:03:01] Need for human oversight in AI development
[00:04:00] Introduction to Glassnode
[00:05:12] Glassnode's future evolution
[00:05:48] Advice for investing in crypto
00:06:10 - CBDC Privacy Concerns
00:06:56 - CBDC Disruption in Finance
00:07:39 - Possibilities of Digital Money
00:08:05 - Exploring CBDC Involvement
00:08:27 - Tax Challenges for Traders
00:09:10 - Clients Hesitant on Negative Tax Calculations
00:13:40 Our Sponser CryptoTaxAudit

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📣 Host: Clinton Donnelly
Twitter 👉 https://twitter.com/CryptoTaxFixer

Clinton Donnelly, LLM, EA, is the president and founder of CryptoTaxAudit. Clinton holds an advanced law degree in international financial planning and taxation. He is an enrolled agent authorized to represent taxpayers before the IRS. Clinton also holds a Certified Cryptoasset Anti-Financial Crime Specialist certification.

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📜 Disclaimer
All opinions expressed by the show’s host and guests are their own. Do not construe them as tax, legal, or financial advice. In addition, they may not represent the policies or opinions of our sponsor, CryptoTaxAudit. Research legal, tax, and financial guidance and advice as needed.

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