Is Bitcoin A Burden For CPAs


Since early 2022, I have been hitting the pavement to talk to physical merchants about accepting bitcoin as a form of payment. as I described in my previous article with Bitcoin Magazine. There are a few key talking points that keep coming up:

  1. Owners “know” about Bitcoin because it has been in the news almost every day for the last two years, but their knowledge beyond that is very limited.
  2. Accountants are discouraging their clients from getting involved with bitcoin payments and having it on their balances.