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Hello I am the product manager for the group within Xero which looks after the currency capability.
I follow the digital currency space closely, I find it incredibly interesting both sociologically as well as technically. However as a product manager my role is to ensure that my engineering group works on the things that create the most value, for the most people, and in alignment with the company's long term goals and aspirations.
Digital currencies continue to have an extremely passionate, but also extremely small group of users who want to see them handled in Xero. The cost remains very high for us to deliver this feature, and does not make a difference to enough peoples lives to justify that investment. There are a lot more touchpoints than many people appreciate to implement crypto properly. Huge decimal precision, UX, currency rate feeds, revaluation logic, reporting - all need changes to…
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Ryan Kuester
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Ryan Kuester
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Hi Xero! I'm a long-time Xero customer that has recently been invoicing and receiving payments in Bitcoin in addition to US dollars. It would be very helpful to have BTC as a currency in Xero just like any other foreign currency. Doing the invoicing and accounting for Bitcoin separately, outside of Xero, is quite a chore.
Hi Xero! I'm a long-time Xero customer that has recently been invoicing and receiving payments in Bitcoin in addition to US dollars. It would be very helpful to have BTC as a currency in Xero just like any other foreign currency. Doing the invoicing and accounting for Bitcoin separately, outside of Xero, is quite a chore. It's becoming an important feature for us to find.