Bitcoin, Gold and Tax with Dominic Frisby

 
 
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“The most expensive purchase you ever make in your life is your government, and over the course of your life… roughly 50% of everything you ever earn will be taken from your taxes.”
— Dominic Frisby

SHOW DESCRIPTION

Location: Remotely
Date: Thursday 4th March
Company: dominicfrisby.com
Role: Author, Comedian & Voice Actor

COVID-19’s impact on the global economy has been immense. Efforts to counter these effects have been varied, from unprecedented levels of money printing to increased taxation and other fiscal policies.

Rishi Sunak, the Chancellor of the Exchequer, recently announced that, in 2023, there will be an increase in corporation tax in the UK, claiming this would put the burden on business to support the economic recovery from COVID-19. It has, however, raised concerns that this may force companies to move elsewhere.

Dominic Frisby is a British author, comedian and voice actor who has written several books, including; Bitcoin: The Future of Money and, more recently, Daylight Robbery: How Tax Shaped Our Past and Will Change Our Future.

In this interview, I talk to him about his book Daylight Robbery, the effects of taxation and the proposed rise in corporation tax in the UK, libertarianism and gold vs bitcoin.

TIMESTAMPS

00:05:49: Introductions
00:09:59: London living
00:11:15: Living on the Thames
00:14:34: The digital nomad
00:17:07: New UK tax rules
00:19:04: Tax Freedom Day
00:22:07: A history of taxation
00:25:40: Taxation in Ancient Mesopotamia
00:28:26: "Daylight Robbery"
00:29:28: "The Shadowpunk Revolution"
00:37:12: Football!
00:42:14: Privacy with tech
00:49:56: PC gone mad
00:54:48: The free narrative
00:59:09: The physical economy vs the digital economy
01:06:21: "The Sovereign Individual
01:12:31: The education system and home schooling
01:24:02: Keynesian vs Austrian economics
01:27:32: "Life After the State"
01:28:40: Dominic's entry to Bitcoin
01:32:56: Getting hacked
01:36:17: Peter's loan for Bitcoin
01:40:50: To hodl or to travel!
01:43:21: Gold
01:49:53: Why Bitcoin has done better than gold
01:57:27: The long-term future of Bitcoin vs gold
01:58:37: The evolving technology behind money
02:04:03: Tattoos!
02:08:18: Final comments

 

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SHOW NOTES

PodcastPeter McCormack