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The Importance of Financial Statements in Accounting
Companies like MicroStrategy were also publishing additional documents for investors to better understand their financials because the official financial statements didn't tell the whole picture. "It's just this thing that hasn't even been sold that's getting marked and it's presenting the company as if it's losing money"
Preston Pysh is joined by Perianne Boring to talk about the current policy and political situation surrounding the Bitcoin ecosystem. They talk about the current bills, the numerous presidential candidates proposing Bitcoin policies, and what that might actually look like in application if they’re elected.
Perianne is the founder and CEO of the Chamber of Digital Commerce. She’s been working on Capitol Hill with policymakers educating them on Bitcoin for nearly a decade.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:24 - What is the Chamber for Digital Commerce?
01:24 - What is the Market Structure Bill and why is it important?
13:51 - How long will a bill like this potentially take to become a law?
10:50 - Is there a broader initiative with the SEC and their suit against Coinbase?
17:08 - RFK recently announced policy initiatives for Bitcoin, what are they and what is the viability?
26:51 - What are the thoughts around Bitcoin from the other Presidential candidates?
32:49 - Explain your role in helping to get the FASB to update the Fair Market Value update for Bitcoin.
38:52 - Thoughts on Bitcoin mining and it's role in the United States Energy grid.
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