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Crypto, by analogy

02.26.2025 | Duration: 30:00

We’re headed to the arcade to explain how cryptocurrencies and the blockchain work! 

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Podcast overview

Seeing crypto all over the news but not sure what it is or how it works? We’ve got you covered!

On this episode of our By Analogy podcast series, we cut through all the technical jargon and explain how cryptocurrencies are just like arcade tokens. We also simplify how blockchain (the technology underpinning crypto) works by comparing it to a high-score leaderboard.

Podcast contents

  • 00:00Ìý–ÂÓª²Ô³Ù°ù´Ç»å³Ü³¦³Ù¾±´Ç²ÔÌý
  • 04:55 â€� What are cryptocurrencies and why are they worth so much? 
  • 08:20  â€� Understanding the lingo: NFTs, stablecoins, and meme coins 
  • 16:00 â€� What is the blockchain and how does it work? 
  • 23:30 â€� Benefits of a decentralized approach 
  • 25:30 – Using the arcade to explain crypto and the blockchain

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The SEC has rescinded SAB 121, significantly impacting companies that safeguard digital assets.

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Accounting, presentation and disclosure for crypto intangible assets both in and out of scope of ASC 350-60.

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Meet our team

Image of Nick Tricarichi
Nick Tricarichi
Partner, Dept. of Professional Practice, ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø US
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Scott Muir
Partner, Dept. of Professional Practice, ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø US
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Image of Nick Tricarichi
Nick Tricarichi
Partner, Dept. of Professional Practice, ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø US
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Image of Scott Muir
Scott Muir
Partner, Dept. of Professional Practice, ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø US
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