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Alias Born 12/27/2011

Re: Perfectson post# 461

Friday, 06/25/2021 11:06:32 AM

Friday, June 25, 2021 11:06:32 AM

Post# of 645
To make the claim that all the application software that could ever be written for HEX already exists is insane. If you believe that, I have a bridge I'd like to sell you in Brooklyn. If you want to use or convert Hex on your ATM machine it requires software. If you want to create an ATM card that uses Hex, it requires software. If you want to write an interface to "staker" from your application and create a cleaner/easier user experience, it requires software. If you want to rewrite "Staker" to make it easier to use or incorporate it into your application, it requires software.

As for revenue, I've already shown how it's broken down in the financials. The consulting and services revenue is recorded at the time they satisfy a performance obligation in dollars. If they are paid in an equivalent value of crypto, the amount recorded doesn't change with the value of the crypto. The crypto is retained as an asset. The income or loss on that asset is recorded at the time of sale under "crypto asset sales revenue". It's all transparent in the financials. It proves that the main source of their revenue has been "Consulting and services revenue" of $1,040,000, not the "Crypto asset sales revenue" which was only $61,000...




Les