I am sexy. I’m very very sexy. So, I can venture into Cryptocurrency and Accounting. It’s computer science meets the history’s sexiest subject. Combing both together does not double the difficulty, it 10x’s the complexity.
Ok, let’s nibble…
Larry Chiang (@LarryChiang) | |
This Important Invention Straddles Cryptocurrency and Accounting #tripleEntry #cs183fanfehackernoon.com/why-everyone-m… pic.twitter.com/nQdMWNI00A
|
When you’re straddling, you are having to conform and optimize both the crypto and the accounting. It’s tough to straddle. Straddling requires you to excel at a duality
Credit underwriting and risk mitigation are related. Triple entry accounting is a risk mitigation method. Duck9 straddles the consumer side of credit scoring while simultaneously helping credit card banks do underwriting.
Finance and Accounting for Non Financial Execs (#cs183FANFE) is where the double entry is glossed over.
Larry Chiang (@LarryChiang) | |
#cs183FANFE
“The Most Important Invention in the Last 500 Years” by @Dan_Jeffries1 #cs183bc hackernoon.com/why-everyone-m… pic.twitter.com/Dir94T8ok9 |
Larry Chiang (@LarryChiang) | |
Accounting is like a compression algorithm for money where credits debits gets complicated. hackernoon.com/why-everyone-m… pic.twitter.com/oLiRdrH8jJ
|
Problem. A lot of times, the books are cooked.
Larry Chiang (@LarryChiang) | |
I will suspend my disbelief that a Chinese uncle did not invent “single-entry” accounting hackernoon.com/why-everyone-m… pic.twitter.com/91bPKTAttK
|
Larry Chiang (@LarryChiang) | |
Maybe a Chinese uncle invented double entry? hackernoon.com/why-everyone-m… pic.twitter.com/FCoBBaEsm0
|
Larry Chiang (@LarryChiang) | |
#DavidDuncan hahahahahahahaaaa #M2M “double entry accounting” #cs183fanfe #MarkToMarkethackernoon.com/why-everyone-m… pic.twitter.com/tu4z28HFD5
|
Larry Chiang (@LarryChiang) | |
#CS183C’s forked Fork, “#cs183fanfe”, which you pay for with profits from #cs183e …tteachyouatstanfordbusinessschool.com/blog/2015/09/2… pic.twitter.com/fnzJkYjJD9
|
Zelkova Ventures (@ZelkovaVC) | |
Do your accounting & finance yourself, don’t rely on your accountant via @JasonDemant #LaunchScale pic.twitter.com/Pj8TujwAF4
|