The new accounting rules will play a major role in Bitcoin’s future.

Let me explain…

A CFO has a fiduciary obligation to the corporation and the shareholders.

That means that they are (BY LAW) required to make the best financial choice for the shareholders and the company.

They can go to jail if they do not choose the most profitable option for the company.

And now that we have 10 years of recorded price history, the choice is obvious.

Bitcoin over bonds. And they won’t have a choice. Unless they want to get sued.

#bitcoin #bonds