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Accountech Bytes: Government Gateway to go, Socket plugs into proposals

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This week’s accounting technology round-up features news that HMRC will begin rolling out One Login next month, a new player in the proposals and onboarding market, and updates from CountingUp and Uku.

5th Apr 2024
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Accountech Bytes is written and produced by AccountingWEB's technology editor Tom Herbert.

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By FactChecker
05th Apr 2024 14:03

Thanks for the final item above, Tom.

I think I may finally 'understand' what drives the people who 'invest' in so much of the crypto-related marketplace ... not opportunities to get rich (a spin-off benefit for a very small number but not the main driver), nor a kind of monetary masochism (yeah it'll mostly be a loss but who cares).
It appeals to the same segment of society who would, 30-40 years ago, have been found pouring their coins into the 'slots' around Piccadilly Circus - and still are I believe on a grander scale in Las Vegas - where the punter is willingly paying for the 'fun' (adrenalin-rush/addiction satiation or whatever) and regards it as no different to "those who spend their money on drinking or sports" (as one of them recently explained to me).

I'm none the happier about it - but at least my need for logic is partially met!

Thanks (3)
Replying to FactChecker:
Tom Herbert
By Tom Herbert
05th Apr 2024 15:35

$1.5m created and then nuked in just over 10 hours. What a time to be alive...

Thanks (1)