I was wondering, how does cryptocurrency (in this case Bitcoin) threat accountancy profession? I mean what type of accounting treatments even are there for crypto?
I see it otherwise! Increasing adoption of cryptos will increase the demand of qualified accounting professionals. I too agree with Franky here, that government controlled currencies will never disappear. The governments may move from issuing physical notes to digital notes, but they won't make fiat currencies obsolete. So there's no way the accounting need will be abolished! Instead we can see an increase in demand of qualified professionals with thorough understanding about cryptos.