Ricardo Tapia

Do you know that there’s a cybersecurity-based ETF?

Yes, the first cybersecurity ETF, HACK. The fund divides the industry into hardware and software developers and service providers.

The fund declared on June 30, 2020 that it may reorganize and shift fund managers to Exchange Traded Concepts.

Top 10 Holdings. Souce:https://finance.yahoo.com/quote/HACK/holdings?p=HACK

The Prime Cyber Defense Index is a benchmark for investors who want to keep track of companies that provide cyber security technology and services.

The Index allocates infrastructure providers and service providers using a market capitalization-weighted allocation.

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Bitcoin blockchain stores transaction history.

Traceability of BTC transactions depends on linking activity to identity.

Transactions aren’t always 100% anonymous because many Bitcoin users reveal their identify through exchanges or wallets.

Bitcoin transactions are traceable, users not always.

Bitcoin transactions are rarely illegal. Police and the FBI still want to catch anyone who use bitcoins illegally.

Centralized exchanges may be required to share data with law enforcement and the government.

US crypto capital gains are reported on Form 8949. Bitcoin may be taxed if someone receives a wage or payment in BTC. Do centralized cryptocurrency exchanges report to the IRS?

Some may not record Bitcoin transactions, income, or gains. Tax evasion can result in a five-year prison sentence and a tens-of-thousands-dollar fine.

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Web3 projects with token economies can outperform Web2 investments in terms of returns.

DeFi (decentralized finance) had a market valuation of $2 billion in 2020 and $160 billion in 2022.

Venture capital funds can generate passive profits long before any liquidation event, compelling them to stay in the position and contribute to the project’s success.

In less than a year (2020–2021), CryptoPunks or Bored Ape Yacht Club saw 100x returns.

CryptoPunks Average USD (Sep, 2020)

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