2min chapter

The Accounting Podcast cover image

2023 Predictions for the Accounting Profession

The Accounting Podcast

CHAPTER

The Big Four Can't Audit Crypto, Right?

The FTX CEO said the big four can't audit crypto. He also puts a hole in their whole argument. The problem with crypto is that they're trying to create money out of nothing. They want to be like the Federal Reserve, which can createmoney out of thin air. It's called printing money and the digital economy.

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