Heres a simplified list of why the FASBs mandatory fair value accounting change for Bitcoin matters, in the style of Michael Saylor:
1. Transparency and Accuracy: Fair value accounting allows compan… [+10961 chars]
Financial
Crypto Currency
Mandatory fair value accounting for Bitcoin by FASB, Financial Accounting and Standards Board
Here’s a simplified list of why the FASB’s mandatory fair value accounting change for Bitcoin matters, in the style of Michael Saylor: 1. Transparency and Accuracy: Fair value accounting allows companies to report both gains and losses on Bitcoin hol