arjun_s

5 ms·

1.
by arjun_s 5y ago
Yes, saw this. Q–1: How is virtual currency treated for federal tax purposes? A–1: For federal tax purposes, virtual currency is treated as property. General tax principles applicable to property transactions apply to transactions using vir
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by arjun_s 5y ago
Tried looking you up on Telegram but didn't find you. Is that the right username?
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by arjun_s 5y ago
Yep, I meant in terms of a feature summary / validation of some demand. fyi, are you interested in this?
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by arjun_s 5y ago
I think thats a good summary. On number 2 - I wouldn't call it "cryptocurrency" first but rather (and forgive my lack of articulation here) crypto/defi/blockchain first. Think of crypto like the new internet protoco
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by arjun_s 5y ago
This roadmap looks pretty complete - https://request.network/en/invoicing/#roadmap
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by arjun_s 5y ago
Yes that is correct, thank you. e.g. I get equity funding in my company. Now: accountant needs a contract like a share note to create a line of equity on the right hand of the balance sheet. But in the future, the system is linked to a toke
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by arjun_s 5y ago
For a lot of crypto companies, the suppliers charge crypto e.g. a DeFi based product. Salaries can potentially be in crypto. I don't think the analogy is right. If in this cow business everyone instead of transacting in dollars and mil
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by arjun_s 5y ago
Bingo - thats a pretty good product (from the website) for the things I mentioned :)
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by arjun_s 5y ago
Yeah thats what I am trying to test - if there is enough market for this. Unlikely a SAP/XERO/others will be fast enough to pivot (lol). I am assuming an ideal company is one that funds itself in crypto, makes revenue in crypto, h
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by arjun_s 5y ago
The problem to solve is a crypto first replacement for a SAP/XERO platform that aggregates receipts/proof of sales/bank integrations/expenses+fees for a crypto first company like a crypto game dev company or a crypto exc
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by arjun_s 5y ago
Yes, functional currency would be crypto for a crypto first company. If we take example of a SAP or XERO like software, a conventional company uses integrations/receipts from banks, sales platforms, physical receipts etc. In a crypto f
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by arjun_s 5y ago
Think SAP/XERO but crypto first.
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Ask HN: Is there an accounting platform for a crypto first company?
18 points by arjun_s 5y ago|29 comments