Key insights

• 🤔 Engaged in talks with a big four accounting firm about hiring practices for specific services.
• 🤝 Optimistic about progress in hiring decisions while remaining open to various perspectives.
• 📊 Emphasizes the importance of timely reporting for transparency and operational efficiency.
• 🌐 Highlights a shift in government attitude towards cryptocurrency amidst reputational risks.
• 🧐 Explores the cautious stance of auditing firms regarding their engagement in the crypto sector.
• 🌍 Expresses disinterest in pursuing US and European markets for USDT transactions.

Q&A

• Why is the speaker disinterested in US and European markets for USDT transactions? 🌍

  The speaker indicates a lack of conviction about pursuing the US and European markets for USDT transactions, suggesting a focus on other regions instead due to uncertainty about the market potential in those areas.

• What concerns do major auditing firms have regarding cryptocurrency? 🧐

  Major auditing firms are taking a cautious approach to their involvement in cryptocurrency, particularly in light of events such as Operation Jockpoint 2.0. They are focused on managing their reputation and addressing potential credibility issues associated with crypto operations.

• How has the government's stance on cryptocurrency changed? 🌐

  The discussion points out a shift in the administration’s view towards cryptocurrency, noting that initial opposition has transformed into support. However, there are still significant concerns about perceived reputational risks associated with the crypto market.

• Why is timely reporting important for businesses? 📊

  Timely reporting is crucial as it enhances business operations and promotes transparency. It allows for better decision-making and fosters trust among stakeholders by ensuring that all parties are informed and updated.

• What is the speaker's outlook on the current hiring progress? 🤝

  The speaker expresses a positive and optimistic tone regarding the hiring discussions, highlighting progress made so far and emphasizing an openness to considering alternative perspectives in the hiring decisions.

• What are the ongoing discussions with the big four accounting firm about? 🤔

  The discussions involve hiring practices and the potential services offered by the accounting firm. There is a focus on specific hiring needs, providing updates on the hiring process, and exploring which services would align best with business objectives.

• 00:00 The speaker discusses ongoing discussions with a big four accounting firm regarding hiring practices and services. 🤔
• 00:08 The speaker expresses optimism about progress and discusses hiring considerations in a positive tone. 🤝
• 00:14 Declaring a report promptly can be beneficial for business operations and transparency. 📊
• 00:22 The shift in government stance on crypto highlights a perceived reputational risk that remains significant. 🌐
• 00:29 The discussion highlights the cautious approach of major auditing firms regarding their involvement in cryptocurrency, particularly in light of Operation Jockpoint 2.0. 🧐
• 00:39 The speaker expresses disinterest in the US and European markets for USDT transactions, indicating a lack of conviction about pursuing those areas. 🌍