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jupling /
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2023-03-03 12:23:31

jupling on Nostr: Tbh, after going through IRB guidelines, adopting bitcoin is not too much of a ...

Tbh, after going through IRB guidelines, adopting bitcoin is not too much of a problem accounting & reporting wise. The IRB is pretty clear on its use cases for a normal business transaction.

Yes, tracking of cost needs to be in place, but a normal trading company with inventory needs to do that too.

Maybe I should do a study on all tax departments guidelines in South East Asia for a comparison. I know certain country in this region has banned the usage of crypto as a method of payment, thankfully my country is open to it.
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