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11 sats \ 1 reply \ @2big2fail 16 Jul 2022 \ on: Why the big tech companies are not into Bitcoin yet? bitcoin
it all has to do with GAAP accounting rules
https://www.forbes.com/sites/shehanchandrasekera/2020/05/21/how-are-cryptocurrencies-classified-in-gaap-financials/
buy bitcoin and constantly be forced to mark it down at market rates to the lowest possible value is a massive turn off
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