Being the first is never easy. Jennifer Carroll was the first woman and the first black person to be elected to the position of Lieutenant Governor.
Former Lieutenant Governor of Florida Jennifer Carroll shares what she learned through her many firsts in the military and in elected office. A role model for young people across America, Carroll's story is a perfect example of grit and grace.
The best Sundays are for long reads and deep conversations. Earlier this week, the Let's Talk Bitcoin! Show gathered to discuss the US tax treatment of "Virtual Currencies" and how scams find a home wherever opportunity exists, at least for a while.
Virtual Currency Tax Fairness Act of 2020: The proposed legislation would exempt capital gains taxes if any individual transaction results in a capital gain of $200 or less. Previous versions of the bill proposed a $600 cap. If passed, it would take effect in the 2020 tax year. Link - H.R. 5635
The IRS has a question for you: Tax filers in the U.S. are being asked if At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? Link -IRS Form 1040
Yang proposes "Digital Asset Regulation": U.S. Presidential Candidate Andrew Yang wants to Clarify the tax implications of owning, selling, and trading digital assets. Yang says clear policy will allow businesses to invest and innovate in the area without fear of a regulatory shift. Link - Yang 2020
Later on, we'll dig into the "why" of scams as we begin a longer conversation on the topic.
Three main points on scams:
Ponzi schemes thrive in disrupted spaces with uncertainty, poor credentialing, and poorly understood complexity
The crypto currency space has these attributes
The underlying appeal of ponzi scams (and bitcoin) comes from the mythology of redemption, getting something from nothing, the genie in the bottle, etc
Bitcoin is on a 7 week upward trend. Having already smashed through its $9,000 Vegeta memes, it is now inching closer towards $10k.
On this episode, @nlw is joined by Kraken’s Dan Held to discuss how bitcoin has changed in a number of ways since the last time we were at the $10,000 price level last year. They look at:
Narrative - Speculation around bitcoin as a safe haven and the role of the halvening continue to shape the conversation
Infrastructure - The tools for how people can interact with bitcoin - from lending to derivatives - have never been broader
Audience - Institutions are no longer just around the corner but actively participating in the market
After the adulation, the discontent. Voters are abandoning the party of the young, progressive leader Leo Varadkar, with many supporting Sinn Fein, a party with a violent history. Our obituaries editor looks back on the life of Homero Gómez, a renowned logger-turned-butterfly-activist. And the coyotes invading America’s cities. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/radiooffer
A bill in the House of Representatives would make sweeping changes to American labor laws and give union bosses an enormous amount of power. Rachel Greszler, a research fellow in economics, the budget, and entitlements at The Heritage Foundation, joined The Daily Signal to talk about the Protecting the Right to Organize Act, which--among other things would violate workers' privacy and severely restrict contract work.
That’s the way Meltem Demirors described Federal Reserve Governor Lael Brainard’s remarks at Stanford yesterday. For the first time, the Fed has said that it is actively researching and experimenting around digital currencies and distributed ledger technologies. This is a change in tone from a Fed that, when asked previously, has more or less dismissed digital currencies.
On this episode, @nlw looks at Brainard’s speech, along with: the latest from Japanese lawmakers proposing a digital currency to counteract the influence of a forthcoming Chinese digital yuan; a Bank for International Settlements digital currency working group with 6 major central banks; and the potential implications of CBDCs on bitcoin.
A predictable outcome in President Donald Trump’s Senate trial will have unpredictable effects on executive power and congressional oversight—but probably not on November’s elections. A staggering map of neural connections opens a new frontier in brain science. And the entirely preventable plague of locusts munching through east Africa. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/radiooffer
The news to know for Thursday, February 6th, 2020!
What to know today about the final vote ending the historic impeachment trial (including something unexpected), a winter storm impacting much of the U.S., and NASA's latest milestone...
Plus: the vape ban going into effect today, a possible foldable iPhone, and Spotify's big purchase.
Those stories and many more in less than 10 minutes!
Then, hang out after the news for Thing to Know Thursday's bonus interview. The hosts of the Pantsuit Politics podcast join me to help explain the Iowa caucuses and what to watch for as the election heats up...
Head to www.theNewsWorthy.com/shownotes to read more about any of the stories mentioned in this episode or see the sources below.
This episode is brought to you by Magic Spoon. Go to http://magicspoon.com/newsworthy and use promo code 'newsworthy' for free shipping.
For Tania Joya, who was raised Muslim in London, it was a long journey to life in the United States.
“I wanted to be in America, but my husband … thought that was bad for my religion and he thought that I would teach my children the wrong values,” recalls Joya. “So he took us to Syria.”
After her husband became an ISIS fighter, Joya worked with U.S. officials, sharing information from her husband. Now she's working against violent extremism. Read the interview, pasted below, or listen on the podcast:
We also cover the following stories:
The Senate voted to acquit President Donald Trump.
Vice President Mike Pence decried House Speaker Nancy Pelosi's ripping of Trump's State of the Union text.
FBI Director Christopher Wray testifies and addresses the Inspector General's report about the FBI and the FISA Courts.
