Crypto accounting for startups | Finance Basics with Kruze Consulting’s Scott Orn | E1339
This Week in Startups
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Crypto Accounting - What's the Tax That?
Traditional accounting is on the bank ledger, right? Money going in and out between the bank account and someone else. That's how cut books is set up. crypto, by definition, is on a different ledger,. It's something you actually evaluate, check, look at but it's not a bank. And so one what we're seeing is a whole new breed of accounting soft ware pop up. A lot is capable of essentially capturing those transactions off of a block chain.
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