From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets cover image

S1E3 - Dr. Sean Stein Smith DBA, CPA

From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets

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The Mystification of Cryptocurrency and Blockchain

One of the strategies i use is to start to kind of try to demystify the whole cryptocurrency and blockchain space. I just tell people you know put on your accounting theory hat what do these assets look likeWhat does it look like we're doing here? It's a lot easier to then say okay so actually i can call this a nft governance token enterprise token fine but then under the hood how are these things actually operate.

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