Post
Topic
Board Development & Technical Discussion
Re: BTC violates GAAP, result a mess.
by
becoin
on 10/06/2013, 09:38:32 UTC
BTC indeed tries to simulate CASH for CASHLESS transactions.
You are not aware what CASH is. Cash is not only bills or banknotes. Cash is every form of money (in paper, metal, wood, digital or whatever form) that you can instantaneously spend without increasing anyone's debt!