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Monday, July 19, 2021 8:28:58 PM
You said the crypto is arranged as intangible asset , but there’s no 1m change in an intangible asset line (intangibles are not current account )
I am the one who identified the contract was settled in hex and I’m articulating that part of the accounting is that any appreciation in those current account cryptos is flowing into revenue because that’s the only place for them to book it as they are not realized capital gains.
Unfortunately they will be my last post, when someone starts stating things (like saying there’s an intangible account) that is false , I will have to end the convo
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