Accounting for Bitcoin in a World of Rising Oil Prices (an article) by Sam Callahan
TL;DR: Sam covers rising CPI, central bank failures and a correlation between energy prices and core CPI not seen since the 1970s and 80s.
Hey Bitcoiners,
It’s become increasingly clear by the month the Federal Reserve is not in control and finds itself between an inflation rock and an interest rate hard place. Sam takes a closer look at some key factors driving market uncertainty and gives an overview of the significant Financial Accounting Standards Board (FASB) accounting rule change for companies that hold and invest in Bitcoin.
Enjoy!
Tick tock next block,
Cory Klippsten
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Quote of the Day
90-95% of what’s in the public sector is dependent on inflation in order for it to continue to subsist. And by continuing to print money, they’re destroying their ability to finance themselves. It’s a very interesting experiment because we’re getting to see the end game of inflation playing out without a bailout.
Saifedean Ammous, The Bitcoin Standard Podcast, Episode 153
Job of the Day
People & Culture Manager — Swan Bitcoin
About Us:
Swan is a leading Bitcoin-only financial services company supporting individuals and companies throughout their Bitcoin journey. We hire passionate Bitcoiners who want to work with a self-motivated and fully distributed startup team.
Why This Role Matters:
We are looking for a People & Culture Manager to join us as we continue to grow a team of Bitcoiners at the top of their game. This is an operational role that will focus on onboarding new Swans and supporting the core human resources functions for the organization during the growth and scaling phase.
What You'll Do:
Manage and maintain candidate profiles and offers
Onboard a growing number of Swans to the flock
Support rollout of new People tools and policies, and any other People team needs
Be the go-to team member for all People operations related inquiries
What You Bring:
Bitcoiner highly preferred
4+ years of experience across across HR and Talent functions
Experience with a startup environment
What We Offer at Swan:
We’re a growing team: Fully distributed across the world, Slack and Huddles are huge here.
We’re very flat: Leadership is desired and encouraged; we hire people who care about and use the product they are working on.
We’re Bitcoiners: We find solutions that encourage Bitcoin principles. We are often involved in the Bitcoin community through writing, podcasts, conferences, open source projects, and time spent on Twitter to help educate the masses. We love Bitcoin, and it comes through in our daily chats, meetings, and actions.
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
Event of the Day
Pacific Bitcoin — By Swan Bitcoin
The Barker Hangar
Santa Monica, CA
October 5 & 6, 2023
Watch this 90 second reel from last year’s event to get in the mood. Then save 21% with the code DAILY.
Not going to be in town? Check out all the events and locations at bitcoinerevents.com.