The CPA Who Orange‑Pilled Finance

How do you run a business that thinks in Bitcoin and keeps clean books across Lightning, custody, and payroll? In this episode of BfFS, we sit down with Joe Wood, a CPA who turned his accounting career toward Bitcoin. We discuss how he decided to be Bitcoin-only, how tools like Zaprite and Bitment change the work, and what privacy trade-offs actually matter; as well as whether accountants can grasp the Bitcoin network as a public ledger, and how that understanding reshapes financial advice as a whole. Join us as we trace messy CSVs to a Bitcoin-native practice and ask what it means to build for the long term. Chapter Markers 00:00:00 Bitcoin ethos and low-time preference 00:01:50 Guest intro: Joe Wood, Satoshi Pacioli 00:02:57 How Joe found Bitcoin (2014–2020) 00:05:23 From audit to Bitcoin accounting 00:08:53 Why focus on Bitcoin only 00:15:21 Role in industry maturation and clients 00:19:15 Accounting for Lightning payments 00:25:00 Bitcoin treasury and payment tools 00:29:49 Privacy practices and trade-offs 00:39:00 Bitcoin network as a public ledger 00:50:14 Scaling the firm and talent matrix 00:55:48 Client skepticism and closing thoughts Guest Links Joe Wood on LinkedIn: https://www.linkedin.com/in/joseph-wood-9217a529/ Satoshi Pacioli Website: https://satoshipacioli.com/ Host Links Jordan Guess: X: https://x.com/jordanguess Discord: https://discord.com/invite/Xg55GVkc3f **Wyatt O'Rourke: **X: https://x.com/wyattorourke_ Website: https://www.basilic.io/ **Bitcoin for Financial Services Media Links: **X: https://x.com/BFFS_media Website: https://bffs.media/ YouTube: http://www.youtube.com/@BFFS_Media Check out our awesome show sponsors! Basilic Financial: Your wealth deserves intention. Basilic Financial is a Bitcoin-focused wealth management firm that helps clients find balance between money and meaning. Basilic integrates sound‑money strategies across four personalized services: financial planning, individual wealth management, retirement services for SMBs, and Bitcoin financial services. https://www.basilic.io/ Bitment: Tired of messy CSVs and broken cost basis? Bitment is the first Bitcoin-native accounting platform for CPAs, advisors, miners, and serious investors, delivering clean Bitcoin bank statements, reliable cost tracking, full reporting, and seamless fiat integration through Plaid. Ditch the headaches with robust accounting for the hardest money on earth. https://www.bitment.co/ Satoshi Pacioli: Run a Bitcoin business? Meet your full-service accounting and tax partner built for the Bitcoin economy. Satoshi Pacioli handles bookkeeping, financial reporting, tax compliance, and strategic planning for companies and individuals. Work with advisors who speak Bitcoin and keep you compliant while building long-term value. https://satoshipacioli.com/