The Bitcoin Accounting Edition
On market making, revenue, and GAAP
Guan Yang (GY) is a data scientist based in New York, sometimes working on financial data, and a big fan of Cash App and its boosts.
Guan here. Look up the financial statements for Square, Twitter founder Jack Dorsey’sother company which is probably best known for its Cash App, and you’ll see $4.6 billion in “Bitcoin revenue” in 2020, which is almost ha…
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