The SEC is really about to approve a Bitcoin ETF at the same time the Federal Reserve is about to pivot at the same time the FASB accounting rules will be applied at the same time the halving is about to take place all during a presidential election.

Nothing is priced in. #Nostr ⏰

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What did I miss on FASB?

What's new in the bean-counting world?

Companies don't have to record an impaired loss for the year if it drops below their acquisition price.