Episode 36 - Going down Transaction Street to end up at the crypto accounting rat‘s nest

Good morning! This morning I start out looking at the newly updated TXStreet.org website. This website has always been one of my favorite visualization tools for crypto and the current crypto traffic. It is a great teaching tool as well to help people visualize blocks, gas, and why fees are sometimes high. Then, I start asking myself questions and coming up with theories that I know nothing about and end up on some website that talks about how crypto is and should be reported in company financials. First off, I know NOTHING about accounting, so I don't know how I ended up on this website or topic. Second, I don't know who Foot Noted Analyst is and I did not like their conclusion. But hey, what do I know? This is exactly the point of this show; to stumble on random stuff and the audience goes on this unpredictable ride with me.

Sources:

https://txstreet.com/

 

https://www.footnotesanalyst.com/bitcoin-the-financial-reporting-challenge-for-investors/