TEAtalks E5 | Ostrom’s Razor – Using Bitcoin to Cut Fraud in Hollywood Accounting

Hollywood’s accounting practices have long been notorious for opaque financial structures that divert profits away from creators and investors. But what if there was a blockchain-based solution to Hollywood’s accounting problems? In this episode of TEAtalks, host Rhian Lewis speaks with Ted Rivera, co-author of Ostrom’s Razor: Using Bitcoin to Cut Fraud in Hollywood Accounting, to explore how Triple Entry Accounting (TEA) and blockchain can bring transparency, trust, and fairness to film financing and revenue distribution. They discuss: - How Hollywood’s “creative accounting” methods obscure profits - Why trust breaks down in traditional film financing - How Triple Entry Accounting and blockchain prevent fraud - Practical steps for filmmakers to adopt a blockchain-based accounting model - How tools like BSV blockchain, Magic Dapp, and Tiatro enhance accountability - The biggest challenges to blockchain adoption in the entertainment industry If you’re interested in how blockchain and cryptographic accounting can disrupt traditional finance and empower creators, this episode is essential listening.