The $260,000 Pizza - Joe David

Accountants Are Sexy, Change My Mind.

I have been searching for an expert in cryptocurrency and accounting for ages! And guess what, I have found him! Meet Joe David seasoned pro in both fields, and his journey from traditional accounting to the vibrant world of crypto is absolutely mega!
We explore the importance of timing when grabbing opportunities, the need for accountants to get to grips with the crypto ethos, and the importance of educating clients on the tax and reporting requirements of using cryptocurrency. Joe's insights into these crucial aspects will truly provide a fresh perspective.
Just when you thought understanding cryptocurrency was a challenge, imagine becoming a top search result for complex crypto-related queries! That's Joe David's firm for you. In this episode, he shares how his firm rapidly rose to this position thanks to its risk-taking approach and the crypto market's dramatic surge in 2020 and 2021. With Joe's belief that it's essential to give people a reason to buy from you, businesses of all sizes will find his insights extremely valuable.

And are you prepared for the Bitcoin Pizza Day story? Brace yourselves as we discuss how two pizzas bought for 10 Bitcoins a decade ago are now worth a staggering $260,000! As we navigate the complexities of crypto and its role in businesses, Joe sheds light on the HMRC's understanding of crypto, the compliance checks involved, and the advantages of accepting crypto payments. With his experience of handling 4 million transactions in a year, there's no one better to guide us through this new terrain.
So get ready for a deep dive into the intricate world of cryptocurrency and accounting, only on our podcast. And don't forget to bring your sense of humour!
Meet our sponsor: Charterparth
Charterpath aims to inspire more finance professionals to volunteer their time and skills, connect them with non-profit opportunities, and engage with the wider sector so volunteering is a core part of a finance professional’s career.
Connect with Kelli? www.linkedin.com/in/kellidoorne
Find out how Accounting Pirates can help you with your marketing journey, visit www.accountingpirates.com

Chapters

1. The $260,000 Pizza - Joe David (00:00:00)

2. Importance of Crypto Education for Accountants (00:00:47)

3. Crypto Risk and Opportunity Understanding (00:13:01)

4. Risks and Opportunities in Crypto (00:21:26)

5. HMRC's Understanding of Crypto Payments (00:28:37)

6. The Role of Businesses in Crypto (00:35:11)

7. Bitcoin Insights and Recommendations (00:40:37)