The Importance of Fair Accounting for Bitcoin

In the past, companies had to write down as a loss what they were holding on Bitcoin. The new rule will make it easier for other companies to come in and take advantage of this asset. "You could expect a whole bunch more adoption by companies out of that rule," says CNN's John Berman.

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Jeff Booth is an entrepreneur, technology leader, strategic advisor, General Partner at venture capital firm Ego Death Capital, and author of the best-selling book The Price of Tomorrow: Why Deflation Is The Key To An Abundant Future.

Greg Foss is a bond and credit expert and a self-proclaimed Bitcoin enthusiast and realist. He has spent 30+ years in high-yield credit trading and analysis as a portfolio manager and trader, and is currently the Executive Director of Strategic Initiatives at Validus Power Corp in Toronto, and co-founder of the economic and Bitcoin education group, The Looking Glass.

Follow Jeff on Twitter https://twitter.com/JeffBooth

Follow Greg on Twitter https://twitter.com/FossGregfoss

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