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.
17 Feb 2021 1 minute read 1 comment Crypto Accountant
Noise.cash is a micro-blogging site that rewards participants with BCH, which users then use to tip posters. The granted tips can be shared anywhere from 20-80 to 80-20 (poster/tipper). The tips are immediately sent to the tipper's or poster's BCH wa...
17 Feb 2021 3 minute read 0 comments Crypto Accountant
Learn about blockchain technologies with OriginStamp How does blockchain support information integrity? Can blockchain - even the Bitcoin blockchain - be used for purposes other than simply tracking how much BTC you or I hold? What in the world is a...
13 Feb 2021 1 minute read 2 comments Crypto Accountant
A recent tweet said this about Bitcoin and the Bitcoin blockchain: “btc is open-source and decentralized. the public bitcoin blockchain is a permanent record for audit by anyone. it contains every btc transaction throughout the entire history of the...
9 Feb 2021 1 minute read 0 comments Crypto Accountant
OK. We're watching BTC continue its climb. A friend who had 5 BTC back when it was $500 would ask "When Lambo?" And now, as we are a stone throw away from $50000, his Lambo is so much closer. But CoinMarketCap has decided to drop its joke about a Wal...
8 Feb 2021 2 minute read 0 comments Crypto Accountant
An estimated 148 million viewers watched the Super Bowl yesterday. Congratulations to those who follow Mr. Brady and to my many colleagues in the Tampa Bay area, and my sympathy to Kansas City fans. Of course, many of us, as is traditional, watched n...
4 Feb 2021 3 minute read 0 comments Crypto Accountant
On the shoulders of others When we look at Blockchain, the (networks of) global, public, transparent, cryptographically-supported audit trail(s) that undergirds Bitcoin and its followers, we paean Satoshi Nakamoto, the name that appears on the Bitcoi...
31 Jan 2021 1 minute read 0 comments Crypto Accountant
The Redditors banding together to wreak havoc on the market shorts and seemingly even bringing back AMC from near death is a fascinating experience. A by-product is CoinmarketCap.com recognizing r/WallStreetBets by commemorating the effort with a fak...
30 Jan 2021 3 minute read 0 comments Crypto Accountant
How can you test/prove "ownership" when it comes to cryptocurrencies? CPA procedures on Crypto balances The world of business and banking institutions have developed, over many years, systems where an organization can say they have "Cash in Bank" and...
27 Jan 2021 2 minute read 1 comment Crypto Accountant
Solid facts about Crypto stats I have all manner of questions about crypto and patterns related to crypto. I, for one, think that I normally see the biggest drops of the market over Sunday night going into Monday. I like to have data that backs up my...
10 Jan 2021 1 minute read 1 comment Crypto Accountant
On another blog here, someone had written a helpful article about Robinhood, but I had expressed concern that the blog made it sound like buying "BTC" on Robinhood was actually buying BTC. That had made me think about two things: Do you get the basi...
