Topic: Bitcoin become an asset - page 7. (Read 6627 times)
Yes bitcoin can be considered as an asset already because it has value equivalent to fiat money. However it could not be declared to the government SALN (Statements of Asset and Liabilities Net) which required from.the government employees because bitcoin is not yet legalize and acknowledge and well this is good thing to avoid from getting tax on it.
Bitcoin is supposed to be a cryptocurrency,from the beginning.And is still cryptocurrency,the most accepted one.But with the time it´s also become an Asset.Fiat money is low risk asset but bitcoin is risky one
Bitcoin is not paper money because there is no physical, but the function is the same for payment and also for investment. Maybe what is meant is that investment is the same as assets, even though it is different because investment is something that is traded, while fixed assets only decrease or increase in value.
I think Bitcoin really is an asset,bitcoin can become a widely used GLOBAL DIGITAL CURRENCY. so it needs to become more stable against other currencies. Central banks and governments must recognize bitcoin ,then it can compete with fiat.
Bitcoin becoming an asset is good news. I hope it will be legally accepted all over the world soon.
Bitcoin is my digital asset.
Bitcoin is my digital asset.
For me Bitcoin is a coin and also an asset of the future. 
I do agree with OP, and this is not what bitcoin was created for, but I do understand that in order to become a currency, bitcoin probably needs to follow this path first. If bitcoin is an asset it means it has value, since it can be easily traded, I think it wont take long for it to actually become a currency as well. My only problem with this, is to know how these trades will be taxed, because that could eventually harm bitcoin use as a currency. One thing is sure though, if bitcoin gets recognition as an asset, it should eventually attract more investors, and that should be good for BTC.
I agree. If one country recognizes bitcoin as an asset, it could be good for bitcoin and the entire crypto world for that matter. Even though that is not what bitcoin was created for, if one country started recognizing it as an asset, then it is a positive news for us. After all, an asset holds value. This means that South Korea values bitcoin. Who knows? Perhaps more country will follow suit, right?
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.
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.
in my opinion this is bad news because what I know is that bitcoin is a crypto currency that can be used as a payment tool, if bitcoin is only recognized as an asset then bitcoin will not be the world currency.
Bitcoin is supposed to be a cryptocurrency,from the beginning.And is still cryptocurrency,the most accepted one.But with the time it´s also become an Asset.Fiat money is low risk asset but bitcoin is risky one
You know the reason why I think bitcoin has become an asset is because of the fact that the world is not ready to switch to sole digital currencies but I am sure as time goes on things are going to change for the better
Bitcoin is a digital currency which then becomes a valuable asset and certainly, this is to invest so that in a period of time that is not necessarily able to have not small profits. All of this depends on those who hold it.
Bitcoin is an asset. Period.
On the other hand, it depends on what you call an asset.
Check the definitions below:
https://www.investopedia.com/terms/a/asset.asp
https://www.investopedia.com/terms/b/bitcoin.asp
"Like any other asset, the principle of buy low and sell high applies to bitcoins.The most popular way of amassing the currency is through buying on a Bitcoin exchange, but there are many other ways to earn and own bitcoins. Here are a few options which Bitcoin enthusiasts can explore."
Read more: Bitcoin https://www.investopedia.com/terms/b/bitcoin.asp#ixzz5R5vjpfLx
On the other hand, it depends on what you call an asset.
Check the definitions below:
https://www.investopedia.com/terms/a/asset.asp
https://www.investopedia.com/terms/b/bitcoin.asp
"Like any other asset, the principle of buy low and sell high applies to bitcoins.The most popular way of amassing the currency is through buying on a Bitcoin exchange, but there are many other ways to earn and own bitcoins. Here are a few options which Bitcoin enthusiasts can explore."
Read more: Bitcoin https://www.investopedia.com/terms/b/bitcoin.asp#ixzz5R5vjpfLx
Now I'm not talking about any bitcoin related. I would like to ask the question of the author of this topic only "WHY DO WE EARN MONEY???"
to meet the needs of each day and every hour each day. Everything from daily food to shopping depends on the money we earn. Then you tell me "South Korean Supreme Court Rules Bitcoin Is an Asset.. it's Right or Wrong"
I think that Exactly Right...
to meet the needs of each day and every hour each day. Everything from daily food to shopping depends on the money we earn. Then you tell me "South Korean Supreme Court Rules Bitcoin Is an Asset.. it's Right or Wrong"
I think that Exactly Right...
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.
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.
in my opinion this is bad news because what I know is that bitcoin is a crypto currency that can be used as a payment tool, if bitcoin is only recognized as an asset then bitcoin will not be the world currency.
Well if you understand the fundamental of bitcoin you will notice that bitcoin have three aspects which it represent, which are bitcoin as a digital currency, the second is bitcion as a store of value/asset and the last one is bitcoin as the digital gold. So each and every aspect of bitcoin is very important.
Classifying Bitcoin as an asset makes it easier for regulators. It also makes it easier to institute guidelines on how to handle especially for exchanges. The asset classification will also mean wider use an adoption.
Attribute is a place of value storage, it can help you increase or decrease the value of the total assets.I do not think Bitcoin has become a trivial currency.
Bitcoin is indeed an asset that has more advantages if it is able to manage it well.
In the not too distant future, these assets can develop quickly and widely.
In the not too distant future, these assets can develop quickly and widely.
think it can also be your asset because you owned it, it is all yours but its a digital asset that can't be touched. If you invest in something that can be kept for as long as you want with the potential of gaining higher value and produces profit, then I believe it can be considered as an asset.
Everything that belongs to you is property. But I think Bitcoin is not a fortune it's just a valuable coin.
Not for long as Japanese are starting to adapt cryptocurrency. Starting this January 2019, Japanese have the option to accept bitcoin as their salary. Imagine how that's going to affect the entire market. Every payday for them means an increase in bitcoin market capitalization. It is going to be a fortune of property.
Everything that belongs to you is property. But I think Bitcoin is not a fortune it's just a valuable coin.
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