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It's an illusion of accounting [0]. Due to the accounting standards, they book the total dollar value of the bitcoin they sell as revenue, not just the fees the
by rainjackets 5y ago
It's an illusion of accounting [0]. Due to the accounting standards, they book the total dollar value of the bitcoin they sell as revenue, not just the fees they get.
[0] https://www.nasdaq.com/articles/beneath-the-surface-of-square-incs-nyse%3Asq-huge-revenue-beat-2020-11-19 https://www.nasdaq.com/articles/beneath-the-surface-of-squar...
- colesantiago 5y agoeven then are you telling me there is NO user adoption?