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?
There is none so far, and I think accountancy will still be good even if cryptos adopted worldwide. Accountancy will only adopt the new system no matter what because if not, they will be having a hard time to create financial statements and how they can avoid big taxes. So let's see what would be the revision on the accounting hand book if cryptocurrency regulate by many countries.