Goldman Sachs - Crypto: A New Asset Class?
Wednesday, June 2, 2021 at 09:27AM
Charlie in Digital Financial Reporting

Goldman Sachs has published an excellent paper, Crypto: A New Asset Class?, which provides a tremendous amount of detail about crypto currencies. (This is a direct link to the paper.  This is a video that explains important details of the paper in about 20 minutes.)

XBRL-based digital financial reporting and crypto currencies are inextricably connected. If you look at my summary of financial report levels you will see that while Level 5 reports can work effectively; Level 6 and Level 7 is where the real value of XBRL-based digital financial reports is.

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