Viewing a response to: @jrcornel/an-unexpected-source-of-demand-for-bitcoin
Great post! But I doubt that large number of PUBLIC companies are doing this. The reason is that they MUST report by the law each quarter their revenue, profit, expenses etc. Also by the law they MUST be audited by solid firms at least once per year. So, now imagine that the auditor find an expense by the company: "spent $1800 to buy 1 Bitcoin. Reason: just in case of ransomware". I would love to see the auditor's face at that moment! :) So, I guess you data is mostly from private companies, which do not have so many legal requirements as public ones. Would you agree?
| author | alex13 |
|---|---|
| permlink | re-jrcornel-an-unexpected-source-of-demand-for-bitcoin-20170518t235706645z |
| category | bitcoin |
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| created | 2017-05-18 23:57:06 |
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| root_title | "An Unexpected Source of Demand for Bitcoin?" |
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Yes, perhaps it is an "off balance sheet item" disclosed in the fine print at the bottom. That or listed in the "investments" section. But yes you make a good point, I believe a lot of the companies that were polled were private companies. The data I used specifically talks about European companies.
| author | jrcornel |
|---|---|
| permlink | re-alex13-re-jrcornel-an-unexpected-source-of-demand-for-bitcoin-20170519t171018902z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2017-05-19 17:10:18 |
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| root_title | "An Unexpected Source of Demand for Bitcoin?" |
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| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| alex13 | 0 | 1,074,013,135 | 100% |
Thanks!
| author | alex13 |
|---|---|
| permlink | re-jrcornel-re-alex13-re-jrcornel-an-unexpected-source-of-demand-for-bitcoin-20170519t171644797z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
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| root_title | "An Unexpected Source of Demand for Bitcoin?" |
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I would appreciate an upvote, if you like it. :)
| author | alex13 |
|---|---|
| permlink | re-jrcornel-re-alex13-re-jrcornel-an-unexpected-source-of-demand-for-bitcoin-20170519t223029874z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2017-05-19 22:30:30 |
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