Crypto is a Scam

Blake divulges the many reasons why he's not at all bullish on Bitcoin, or stablecoins, and then discover why he's been wearing a ballcap lately, and what peeves him most about accounting firm billing practices. In other news, the IRS has adopted a third-party ID tool to add, maybe, an extra layer of security, all the while, the identity thieves are taking advantage of those convenient QR codes on tax bills to do their dirty work. We'll also talk about H&R Block's latest news - the "Block" bank, and how Israeli tax startup April is planning to corner the market with their recent cash infusion. All this, and more, right now!
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Show Notes

01:37 – FBI says crooks are using fake QR codes to steal money
06:31 – Managers are now quitting during busy season: what is going on? 
06:55 – You Quit. I Quit. We All Quit. And It’s Not a Coincidence.
Great Resignation repositions accountants
08:23 – Blake gets an Oculus! 
13:02 – Cryptocurrency Is a Giant Ponzi Scheme 
18:45 – Crypto Mystery: Where’s the $69 Billion Backing the Stablecoin Tether? – Bloomberg
28:10 – MicroStrategy Plummets as SEC Rejects Its Bitcoin Accounting (3)
34:00 – Fed opens debate over a U.S. central bank digital currency with long-awaited report.
Crypto firms gear up for battles over new rules in Washington | Accounting Today
35:06 – Eric Adams, a Bitcoin Booster, Is Taking First Paycheck in Crypto
35:51 – IRS begins requiring new ID system for accessing online accounts | Accounting Today
IRS will require taxpayers to sign up with to access their online accounts
40:37 – H&R Block launches the challenger bank it teased last year | Accounting Today
41:30 – Digital Bank Chime Looks to Go Public With $40B IPO
41:51 – NetSuite Cash 360 Helps Organizations Effectively Manage Cash Flow | NetSuite
43:05 – HoneyBook, jaris Team on Managing Client, Cash Flow
43:42 – AI-powered tax platform April launches after $10M seed round | Accounting Today
Israeli startup April raises $10 million in Seed funding for U.S tax platform
48:02 – When it comes to billing clients, what is your current process?
53:10 – Tally Street is now part of Rootworks

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Crypto is a Scam
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