BITCOINS: UMA PERSPECTIVA CONTÁBIL

Abstract

Bitcoins are in use today to do transitions. There are companies that accept Bitcoins as payment whem supply goods and services. However there isn’t currency status. It’s made of mathematics equations that its transactions are validated through encryption, hash function, p2p network and proof-of-work. Like a currency that just exists in the virtual form it needs the user’s confidence for have a valour. Although the large growth since your creation, in 2008, and be considered for many a big evolution, in the informatic and business fields, some entities and researchers say the Bitcoins are a ponzi scheme. This research aims to describe the transitions that envolve cripto-currency and the suitable accounting treatment in Brazil, based on the current standards. For this was done a general analysis that shows the best classifications as Contingent Asset, because their uncertainty value and their uncertainty existence too. The second section of the analysis was done hypothetical situations. The first was the mining situation, then the receive bitcoins as payment and finished with the company had bought that. Because it’s a Contingent Asset was generated a conflict on the two last situations. But for that was suggested an account on the current asset that represent the expectative to generate future cash flows when liquidate the Bitcoins without excluding the disclosure in the notes as Contingent Asset. Lastly was concluded that the risks associated with property losses and the association with illicit activity, beyond that there are so many indications that is a ponzi scheme and even it isn’t, there are not perspective for their operation.