Something we emphasized on the first episode of the Bitcoin for Financial Services podcast is that Bitcoin isn’t a product. It’s infrastructure as a monetary network and savings technology as hard money for individuals and small businesses.
Bitment Co
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Generate bank-like statements, track your cost basis, and file accurate tax reports—all for Bitcoin.
Many businesses are starting to take bitcoin payments through
@square
and
@ZapriteApp
without fully thinking it through. The second you accept bitcoin, it becomes income you have to track from a P&L and cost basis standpoint. Taking bitcoin is easy. Keeping it clean on the back end is the hard part. But we can help through
@bitment
If you’re a business owner or advisor dealing with this, I’ll be sharing what actually works. #BitcoinAccounting #BitcoinBusiness