Blockstars Web3 Weekly Podcast Ep.69 Let's Talk About Crypto Accounting Web3 Weekly by Blockstars Technology Team

In this episode Electra our guest star from Electrafi talks about her long-term experience in crypto space, particularly in providing accounting practices for blockchain-based businesses.



Welcome to Blockstars Web3 Weekly Podcast



We will be talking about everything Web3 and Blockchain.



Apart from the weekly Podcast, we will also use this platform to include keynote speeches our team presents.



We will keep this light and fun, and easy to listen to.



We will dive deep into the technology from time to time, but our goal is to educate and bring all of you on the Web3 journey with us.



We will talk about popular technologies such as Blockchain, Development, NFTs and Crypto, and please be advised whatever is spoken about here is not financial advice.



Summary



Welcome to our latest podcast episode where we delve deep into the fascinating world of cryptocurrency and its implications on accounting and decentralization.



Join us as we explore these complex topics with our expert guest, Electra from Electrafi.



Settle in for an enlightening discussion on the future of finance in the digital age.



In this episode of our podcast, the team delves into the volatile world of cryptocurrencies with Bitcoin in particular and the complexities of crypto accounting.



The special guest of ours Electra founder of Electrafi is telling us about her rich experience in crypto world and especially in the accounting practices for blockchain-based businesses.



0:00 - Introduction



2:33 - Electra's Background in Crypto Accounting



5:00 - Impact of Bitcoin Halvening on Markets



7:20 - Exploring Decentralisation in Business



10:45 - The Role of Electrafi in Crypto Education



15:00 - Discussion on Crypto Regulations



20:00 - Future Trends in Crypto and Decentralisation



25:30 - Q&A with Electra



30:00 - Conclusion



Key Topics



Bitcoin Halvening Impact: The most recent halving of Bitcoin has led to price volatility and increased market vigilance.



Crypto Accounting Challenges: Electra elaborates on the ambiguities and intricacies of cryptocurrency accounting, pointing to the absence of clear regulatory guidelines and the creative solutions her company provides.



Decentralisation Advocacy: Much of the discussion focuses on the benefits and inevitability of decentralisation in finance systems, arguing for a reduced dependency of centralised power.



Role of Technology in Accounting: The episode also touches on how technological innovations, particularly blockchain, are changing the old practices of accounting.



Bitcoin and its market consequence.



Crypto Accounting and regulatory issues.



Financial system decentralisation



Technological influences on accounting practices.



Thought-Provoking Questions



What accounting method should I use for crypto?



How to do crypto bookkeeping?



Do you need an accountant for crypto?



How to record crypto in accounting?



How do you declare crypto as income?



What is crypto accounting software?



Whether you're a crypto enthusiast or a business professional, this discussion will deepen your understanding of these critical topics in today's digital economy.



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With a team of experts in many different blockchains and a commitment to providing nothing but top quality services, Blockstars is your one stop shop for those seeking to launch a successful Web3, blockchain or AI projects.



Hope you guys Enjoy this light hearted episode!



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