Thinking about triple entry accounting and #Bitcoin Single entry accounting Mesopotamia ca. 5000 B.C Double entry accounting 15 century Venice Triple entry accounting Bitcoin 21 century Here is a paper written in 2005 before Bitcoin was born.

Triple Entry Accounting

I can’t help but thinking about triple entry accounting and how Bitcoin is solving this. 🤯

Triple Entry Accounting

As the philosopher Arthur Schopenhauer noted: “All truth passes through three stages: First, it is ridiculed; second, it is violently opposed; and third, it is accepted as self-evident.”