Blockchain Accountant
Blockchain Accountant

Blockchain Accountant

The Blockchain Accountant blog is focused on accounting and audit issues related to blockchain and crypto-assets. There will be content of interest to those with an interest in topics such as accounting for cryptoassets, audit procedures related to blockchain and distributed ledger technologies, blockchain for improving audit processes, taxation of cryptoassets, and trust.


Nightmares, Failure and Trauma: Getting Real on NFTs

16 Dec 2021 3 minute read 1 comment Crypto Accountant

When is an NFT not an NFT? Nonsense Funding Technology We all know NFTs (non-fungible tokens) are all the rage and people are putting millions of dollars into the rights to "own" or control or get bragging rights to some meme. But when is an NFT an N...

RELX Coin ... Looks like RELX has finally acted

16 Aug 2021 1 minute read 0 comments Crypto Accountant

In a series of prior posts, I followed an airdrop that really bothered me, as they had co-opted the name of an international company, did a bounty that was extremely poorly executed, and no one seemed to do anything to stop it. I can now report that...

Another Post Whining About RELX

30 Jun 2021 2 minute read 0 comments Crypto Accountant

I knew Reed Elsivier. And you, sir, are NO Reed Elsevier. I don't mean to beat this drum until it has no sound left in it, but, like Tom Brokaw, I felt the topic needed to be raised again. "Senator, you're no Jack Kennedy" was a remark made during th...

Is It a Fraud If People Don't Care? The Ongoing RELX Airdrop

8 Apr 2021 1 minute read 0 comments Crypto Accountant

As the "Blockchain Auditor", it is important to me if people care about the traditional auditor (chartered accountant/certified public accountants), financial statements and disclosures, materiality, fraud, and all those underpinnings of the professi...

Chat Room Confidential: Stress and the Unofficial Chat Room Moderator

4 Apr 2021 4 minute read 0 comments Crypto Accountant

Some people just want to see the world burn For a little more than a month, I have been spending more time in the chat room of the crypto faucet site Cointiply than I have spent exploring its earning opportunities. I have gained a great respect for t...

UMA - Going 10000x? But are you willing to get involved?

26 Mar 2021 2 minute read 0 comments Crypto Accountant

The latest Coinbase Earn Coinbase is helping get the word about UMA out to everyone with a Coinbase account and a few minutes to watch a few videos. Reddit's r/Cryptocurrency, Publish0X and all of the similar communities are buzzing with this latest...

Other than Crypto, What's Flying High? (It's a plane, it's a blimp, it's the President!)

7 Mar 2021 4 minute read 1 comment Crypto Accountant

What's that in the sky? I live underneath a common landing pattern for our local airport for our regional capital city. Our airport is used for commercial flights, for military flights, and the fleet for our nation's leader also uses our airport for...

Airdrops Printer Go Brrrrr! Cloning Projects for Fast Money

2 Mar 2021 2 minute read 0 comments Crypto Accountant

If you have followed my prior postings on an airdrop in progress (or NOT in progress, depending how you look at it): Anatomy of a New Token Offering - What Do You Think? Scam or "High Quality Project": 22,000 Telegram Members Get a Show then you know...

Scam or "High Quality Project": 22,000 Telegram Members Get a Show

1 Mar 2021 2 minute read 0 comments Crypto Accountant

Around a week ago, I wrote about an emerging token offering that was about to do an air drop for those in its bounty program. I did not want to explicitly provide my opinion on its veracity, although I pointed out that the organizational name and bra...

Anatomy of a New Token Offering - What Do You Think?

24 Feb 2021 3 minute read 0 comments Crypto Accountant

I have been following a new token offering. I have no stake in it whatsoever, so you will find no affiliate link, and this is absolutely not a recommendation. But if you have not followed this process before, it lets you follow one from its earliest...