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 dont see cryptoccurency as a thread to accoubting profession but rather another ground or taxation, vat or maybe some journal entries. If cryptocurrency would be legalized and companies adopt this as their form of paying their employees by it the sure accountants would have a difficulty computing it. Its volatility can make it hard for them.