You're not investing your company to speculate on crypto currency. If you want exposure, go dabble. Don't use your company's bank account to do it. I'm fascinated with these dows and decentralized organizations making bets like that’s like a fund structure. How is that all going tork? Oh, my lord Eme, nobody knows, right? It is inspirational. Like, i'm a finance ned, i think it's amazing. We should defferently be up-to-date on what's going on in the world of cryptocurrency.
Crypto is reaching the mainstream, which has major implications for crypto and traditional startups alike. Kruze Consulting COO Scott Orn joins to discuss what regulation and taxes actually apply to crypto (3:17), recent improvements in crypto accounting infrastructure (8:24), appropriately documenting crypto holdings (21:25) and more! With crypto market capitalizations rivaling large cap tech companies, the IRS wants its due. This is a great crash course for properly documenting crypto and avoiding future fines.