Episode Details

In this episode of Sat Chats, we welcome Megan, a Tennessee-based CPA, real estate investor, and founder of Abadansha Advisory. Megan specializes in helping high-earning business owners grow cash flow and navigate tax planning, but when it comes to Bitcoin, she’s just getting started.

We explore her near-miss moment in the early 2010s when she and her ex-husband almost bought Bitcoin at $7... but didn’t. Megan breaks down the tax code, self-directed IRAs, Roth conversions, and how wealthy investors quietly build Bitcoin exposure behind the scenes. She even offers a free one-pager (linked below) to help Satillionaires navigate Bitcoin taxation.

We cover:

✅ The tax truth about spending vs. saving Bitcoin

✅ What CPAs get wrong about crypto

✅ Why Bitcoin outperformed real estate (and what that means)

✅ How to self-direct your retirement into BTC—with control of the keys

✅ Megan’s take on crypto vs. sound money

Chapters:
00:00 Episode Intro/1k Sats Contest

00:19 Megan's Journey with Bitcoin

02:09 Understanding Bitcoin's Tax Implications

05:18 The Complexity of Bitcoin Investment

08:17 The Appeal of Bitcoin and Crypto

11:08 Navigating Self-Directed IRAs and Bitcoin

14:11 The Future of Bitcoin and Investment Strategies

16:39 Megan's Insights on Wealth Building

19:07 Conclusion and Key Takeaways

23:57 The Dilemma of Paper Bitcoin

25:21 Self-Directed IRAs and Bitcoin

27:42 The Importance of Control in Bitcoin

29:31 Comparing Real Estate and Bitcoin Investments

32:32 Simplifying Bitcoin Ownership

34:50 The Evolution of Bitcoin Transactions

36:24 The Future of Bitcoin and Regulations

39:11 Tax Implications of Bitcoin Transactions

43:34 Bartering with Bitcoin

46:47 Recap and Future Plans for Bitcoin Investment

By the end, Megan makes a choice: cash or sats?

Want to win one million sats? Subscribe to our YouTube channel. Once we reach 999+1 YouTube subscribers, we’ll select at random one of our subscribed Satillionaires and drop a million sats on his head. We’ll also unlock a live show Friday mornings at 10a EST. Full giveaway details here: https://satchats.com/contest-rules 

Support Sat Chats directly by:

— Zapping Lightning to satchats@getalby.com

— Grabbing your slot in the studio today at https://satchats.com/

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Links for today’s Show Notes:

— https://www.myabundantia.com/

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