Join Jordan, a CPA and Bitcoin enthusiast, as they share their journey from traditional accounting to launching Bitment, a tool revolutionizing Bitcoin accounting for businesses. Discover why integrating Bitcoin transactions into QuickBooks is a challenge and how Bitment simplifies it with seamless ledger solutions. Learn about the power of Bitcoin’s immutable ledger, its role as a store of value and medium of exchange, and why it matters for small businesses and global economies. Perfect for accountants, entrepreneurs, and Bitcoiners looking to bridge crypto and fiat worlds!
🔑 What You’ll Learn:
How Bitcoin transactions can be efficiently managed in accounting software
The benefits of Bitcoin’s ledger for financial transparency
Insights into starting a Bitcoin-focused business during a tax season
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🌐 Check out Bitment: https://www.bitment.co/
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Highlights of Topics Discussed in the Interview
[01:02:45:21 – 01:03:26:19]
Bitcoin Awakening in 2020
[01:03:51:14 – 01:05:27:17]
Career Evolution and Starting a CPA Firm
[01:05:28:17 – 01:06:41:12]
Entry into Bitcoin Accounting
[01:06:42:21 – 01:07:49:05]
Birth of Bitment: Addressing Accounting Pain Points
[01:08:33:20 – 01:11:10:21]
Bitcoin’s Ledger and Accounting Innovation
[01:12:34:04 – 01:14:30:01]
Accounting Industry Opportunities and Bitment’s Purpose
[01:14:46:07 – 01:16:32:04]
Bitment’s Technical Solution
[01:16:33:10 – 01:19:57:13]
Bitcoin’s Role in Business: Store of Value vs. Medium of Exchange
[01:19:58:13 – 01:21:59:00]
Challenges of Bitcoin Transactions in Business
[01:22:52:09 – 01:24:31:01]
Bitcoin’s Global Impact
[01:25:23:04 – 01:29:20:08]
Bitcoin vs. Fiat Systems: Censorship Resistance
[01:30:07:08 – 01:33:51:12]
Practical Challenges of Bitcoin Accounting
[01:34:58:18 – 01:36:42:19]
Bitment’s Value Proposition and Market Context
———————–
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