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David Marcus, Former President of PayPal & Co-founder and CEO of Lightspark, on FASB officially adopting Fair Value Accounting for bitcoin:
“You may think this is a small accounting change that doesn’t mean much. It’s actually a big deal. This removes a large obstacle standing in the way of corporations holding Bitcoin on their balance sheet. 2024 will be a landmark year for BTC.” Source: Swan Media
BREAKING: US House votes to authorize an impeachment inquiry into President Biden.
This escalates a probe that has been open for months. The House voted 221 to 212 to open the inquiry. Biden family finances and businesses are in focus. Another historic development in 2023. Source: The Kobeissi Letter
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