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#716 Bitcoin Is The Best Asset w/ Michael Saylor

The Pomp Podcast

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The Problem With Gap Accounting

Every public o trade company is running on gap accounting. When it gets out of alignment, then you have to adjust it with pro forma counting or adjusted accounting. It goes from being a 30 second inspection to a 30 minute thing. And investors got to read all the proformanc think about it and figure what really happened in the rest of the business. The most conservative accounting treatment you could imagine is indefinite and tangible.

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