Bitcoin become an asset - page 40. | Bitcointalksearch.org

Faeton

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Quote from: indrakusumaindra on June 08, 2018, 06:46:40 AM

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

So far, there is not much difference what status bitcoin receives - currency or financial asset. While it is important that bitcoin becomes legal in South Korea. Decentralized crypto currency is really difficult to attribute to currency. Bitcoin and other crypto currency need to work to prove their usefulness to society, and in due course will come and recognition.

travelgear17

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long time holders have opted to keep their Bitcoins for a protracted duration. Bitcoin nevertheless has the potential to move further in cost inside the coming years. And so with this considered, Bitcoin has rather end up an asset because of its capacity to generate first-rate profit.

carolynmino

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Bitcoin will be our asset in a very helpful future so bitcoin will be our most valuable asset in the future of nati so we all need to have bitcoin to start a new future

Dikarama7

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Sovryn - Brings DeFi to Bitcoin

Quote from: indrakusumaindra on June 08, 2018, 06:46:40 AM

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

Bitcoin can be used as an asset and also as a currency, I think users are free to choose according to what is needed, that bitcoin full of usefulness and also benefits.

nano77

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in my opinion, bitcoin can be an asset or a currency because if we invest it will be an asset for the future and can be a savings because bitcoin prices are sure to continue to rise every year so bitcoin becomes a profitable asset

Raufjoze

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The reason I choose bitcoin as the best asset is because I use bitcoin to get the benefit, bitcoin is big enough to help my economy and can change my life for the better and this good news and bitcoin deserve to be an asset. I think bitcoin is the best asset for long term and Good for the future if investing bitcoin. Bitcoin has great value, and evaporates all the time

maculeth

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BountyMarketCap

no one ever thought that bitcoin would be a digital investment asset. because at the beginning of manufacture, bitcoin aims as an online payment tool. but along with the currently rising prices, bitcoin has become a valuable asset.

VK.point

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(https://exip.live/)

until now it seems bitcoin still easily referred to as an asset. it still takes a long time if it should be a real currency. all need a process. before there was money, antiquity was still using the goods exchange system. through development and progress, then emerging money as a means of transaction.

sheamus10

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Quote from: AnCapFree on July 11, 2018, 11:07:37 AM

I think it is very hard to say Bitcoin is an asset or just a currency. I think bitcoin is both of them. You can see dollar or gold, you can use them for transaction or storing as an kind of asset.

You are right because bitcoin is one of the unique assets, besides its expensive price. Bitcoin is also one of the means of payment in some countries, so it is very suitable for transactions.

normanz

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Quote from: indrakusumaindra on June 08, 2018, 06:46:40 AM

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

Bitcoin is better used as an asset, has bitcoin is a source of income, because the value of bitcoin can continue to increase and can provide benefits.

deepakg2m

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Actually yes, now a days many of the users are considering BITCOIN as their asset. The increased BITCOIN price and rising popularity of BITCOIN has forced many of its users to do so.

hannahfx

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I personally think bitcoin is a Digital currency but in future we can buy assets from this currency like Gold,property etc. and in future we can see many biggest bank accept bitcoins and people do transactions with this currency and also accept everywhere so how this currency is assets and peoples treat this currency like fiat that are using at present.

Fbi_babs

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To me, I believe Bitcoin is an asset because once you invest in it your investment can be multiplied overnight without stress. Bitcoin is an asset.

nahotachikwem

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An asset is some kind of economic resource. It can be controlled or owned and it provides the owner with value, usually financial. A house is an asset. You can sell a house and get cash in return.
A currency is a system of money, a means of exchange.
Bitcoin could be both a currency and an asset. It was created to be a currency and you can certainly buy things with bitcoin. Not everyone accepts bitcoin at the moment but you can use bitcoin on major retailers. Even Expedia will accept your cryptocurrency in exchange for plane tickets.
It is also an asset because you can sell your bitcoin and convert it to USD (or any other currency) whenever you like. It’s more liquid than something like a house.

tommisetiyawan

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I think Bitcoin can be regarded as an asset, because if I have a bitcoin I will tube or store for the future, maybe future bitcoin price will be good. why I attribute bitcoin is an asset? because an asset is something you own or a valuable item for you, and bitcoin is something that is very valuable to me.

Siminarota

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Now many people view BTC as an asset to hold, possibly in the future, BTC can replace cash, so they will be one of the highest value assets in the world.

hunter50

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It's a great news as it will be easier access bitcoin in korea. Bitcoin can indeed be used as an asset because of the high value in our market.Bitcoin still has the potential to go further in value in the coming years.I think to give the concept for bitcoin a currency or property is perfectly reasonable and Bitcoin future is very promising that why there so many people believed in bitcoin and this is the best asset to invest in.

elzjmirra

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Yes, it depends on everyone because they certainly have their own opinions. And my own opinion that this can be said to be an asset because of the Bitcoin continues to experience the volume up and down. And even we can feel the advantage when the asset continues to grow with the number of incoming investors.

daoquanghuan

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Quote from: indrakusumaindra on June 08, 2018, 06:46:40 AM

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

At the moment, I think bitcoin is more of a asset than a currency. The value of bitcoin fluctuates too fluctuously with very strong fluctuations that make it difficult to pay. In addition, bitcoin also has legal problems for some countries that do not accept bitcoin. Over time, I believe bitcoin will become a popular means of payment.

strideynet

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the difference between the interpretations of cryptocurrencies in different countries is only needed to create an information background and to create liquidity between countries. no more than

Topic: Bitcoin become an asset - page 40. (Read 6627 times)