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It's not a mindset, profit is defined in accounting law, and Bitcoin is considered an intangible asset, where price inceeases are not accounted as profit (but l
by xiphias2 6y ago
It's not a mindset, profit is defined in accounting law, and Bitcoin is considered an intangible asset, where price inceeases are not accounted as profit (but losses are written down).
- capableweb 6y agoToo bad the "accounting law" you are referring to is most likely the American one and doesn't apply worldwide, which Bitcoin does. The way you describe it to work is not applicable everywhere.
- xiphias2 6y agoSure, I was writing about Tesla’s case, as it’s a US company.