All Things Crypto

ATC quote · Aug 21, 2025 · 0:59:20

“I mean, first of all, they're all liable for it for taxes. So I hope they know. Second, if they bought it on an exchange, they can find out because the exchange will tell them. Right? The exchange…”

ALEX DAMSKER @AlexDamsker

From All Things Crypto BTC 10k? Yeezy down 70%, Aug 21, 2025 · Episode page

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0:58:38 Dave @DCBK2LA: Alex, do you think... I'm just curious. And, Sandeep, I got you. I'm coming right now. I just wanna ask Alex this question. I can almost... Like, I will make this claim. I would say that 90% of crypto Twitter, when they put money into something, they have zero idea what their actual cost basis is for that specific... Because this... The whole swapping of currency thing is, like, it... It's a foreign concept to a…

0:59:20 ALEX DAMSKER @AlexDamsker: I mean, first of all, they're all liable for it for taxes. So I hope they know. Second, if they bought it on an exchange, they can find out because the exchange will tell them. Right? The exchange has to keep records of what you bought and the price that you bought it at. So the third thing is you might have bought things at different prices. Here's the big question. When you sell something, how do you know if…

1:04:22 NatNat @Natnatx007: Writing an invoice, Alex. Writing an invoice.

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