Topic: Bitcoin become an asset - page 82. (Read 6627 times)
Well bitcoin is a currency and at the same time an assets in the sense that due to the volatile nature of bitcoin it tend to generate interest as the market keep growing, and again when you hold bitcoin for a long time it become an assets which has the ability to double or even triple the amount you invested on it. And also bitcoin is a digital currency that it nature is a peer to peer and does not involve third party.
very good if bitcoin is an asset, moreover we can teach to child and grandchild it is very extraordinary, bitcoin I hope will be much better and can exist until the future.
Yes Bitcoin is really a wealth. I think he does not have anything to do with Bitcoin. This bitcoin shot at the time of the disaster will be of great help. I have kept a lot of big bitcoins and I will sell my Bitcoin if I have any major danger. That's why I think each bitcoin has a wealth.
bitcoin aims as a currency, we live how to use it, can say assets if we invest, but bitcoin is also easy to change hands, and for now there are many who say if bitcoin is an asset for the future, because bitcoin can also increase a person's income, and I am sure that bitcoin is still reliable to invest in the future.
Bitcoin is crypto currency but day by day its demand increasing.So its going to assets because its value will increase today or tomorrow.It is more profitable as an asset than a currency.
the vision of bitcoin originally as a currency that will be used as a means of payment to buy goods or services, but over time many users prefer to make bitcoin as an asset rather than making it as a means of payment, because making bitcoin as an asset can generate profits rather than using it for payment, therefore now many bitcoin users prefer to make bitcoin an asset.
It's true that you say, is more profitable as an asset than a currency.
in the article also explained that the Korean government could confiscate Bitcoin because Korea established the law of a hidden asset that can be imagined to range from cash, deposits, shares, and other tangible and intangible forms holding the standard value.
although before korea said, it is not appropriate to seize bitcoin for the reason that bitcoin forms electronic files without physical entity. then Bitcoin is said to be an Asset and not a currency
I think if bitcoin has become a legal currency, and used as a tool of transactions in everyday life, then bitcoin has become a state asset, but assets that can not be owned and can not be controlled.
because the basic principle of bitcoin is anonymous and decentralized, has no place to live.
because the basic principle of bitcoin is anonymous and decentralized, has no place to live.
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 own opinion bitcoin for me will never be an asset until its value will be stabilized. An asset is owned by a person or a company that has value and available to meet debts, commitments, or legacies. We all know that bitcoin's value is very volatile and we can't really predict if in the future the value of bitcoin will just drop to 0. This sounds absurd but due to unpredictable fluctuations of bitcoin's value it will never be an asset but merely a good store of value.
I know that in Russia bitcoin is declared as - property. Therefore, South Korea is not the first who takes bitcoin in legislative terms.
Officially, the draft law on crypto-currencies has not been adopted, but taxes should already be paid
Officially, the draft law on crypto-currencies has not been adopted, but taxes should already be paid
Imagining with Bitcoin on the Cryptocurrency Industry, we can say that it made a huge impact on uplifting the values of Cryptocurrency. Bitcoin might play a role on making a better mode of transaction in the Business Industry but we might see some regulations on how we can use it in the future if it is implemented in some legal transactions.
In fact there are countries who really wants to control bitcoin in their own boundaries of responsibility. Bitcoin as an asset is potential for the owner but it takes time to taste the whole benefits of being owner.
Government in thier own country can control cryptocurrecy like bitcoin and other alternatives coins, because they have a power in thier country. Talking about bitcoin as an asset, yes bitcoin is an asset too and it is also an investment and a cryptocurrecy. That's why bitcoin is worth to have. 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.
For me, I think that with the changing times that our world is on cryptocurrency can actually be considered now a currency more than a liability. Its an investment in which you can leave on its own and then sell for a value and whether its higher or lower it will depend on when you will spend it. So basically its more of an asset as it goves off a value as time passes and with the trend now even if its downhill there can still be a positive in which we can have something in return
In this highly educated economy, it can be hard for young Koreans to distinguish themselves from their peers. Nearly 70 percent of all Koreans ages 25–34 have a post-secondary degree, the highest of all Organisation for Economic Co-operation and Development (OECD) countries, and a high school degree is nearly universal. Entire neighborhoods in Seoul are full of college graduates studying to pass hiring exams in order to get in at Korea’s biggest companies or the enviable public sector.
Bitcoins are as valuable as the currencies you own. Bitcoins also mean that you own a certain amount of assets, since bitcoin can trade as we trade gold or commodities
In fact there are countries who really wants to control bitcoin in their own boundaries of responsibility. Bitcoin as an asset is potential for the owner but it takes time to taste the whole benefits of being owner.
Many people recognize that bitcoin is a digital asset, not a currency. because it would be hard to accept if bitcoin is said to be a currency. governments of every country will not admit it, because they already have their own currency and each currency has its own value.
indeed bitcoin should be destined to be a currency, but with a lack of guaranteed security then people can not believe if bitcoin becomes currency
indeed bitcoin should be destined to be a currency, but with a lack of guaranteed security then people can not believe if bitcoin becomes currency
When we make references to cryptocurrency it is not necessarily referring to Bitcoin alone there are lots other altcoins in that category, and for the systems fighting the adoption of cryptocurrency most times their attention is drifted to Bitcoin this in itself makes it possible for the cryptocurrency sphere to even have more penetration be it as a currency or as asset. But as an investor what we needed more is to understand the system to which we are investing our money in, even if Bitcoin is seen as an asset it still wouldn't change its potentials and its usefulness
the vision of bitcoin originally as a currency that will be used as a means of payment to buy goods or services, but over time many users prefer to make bitcoin as an asset rather than making it as a means of payment, because making bitcoin as an asset can generate profits rather than using it for payment, therefore now many bitcoin users prefer to make bitcoin an asset.
it is norm that we call bitcoin as an asset but we should not rely on bitcoin so much were not clever or certain to call bitcoin that because bitcoin may crash someday luckily lot of alt lining on the race to finish the job. if we're praying for the rain we must deal also with the mud.
At this time, I feel that there are many people who collect bitcoins by measuring them as assets. besides bitcoin also in make investment tool. so, most big investors, trying to collect as much bitcoin as they can. 
It's now clear I think that bitcoin is no longer just a thing that exist or an actual asset that can fill up your Assets and Liabilities. And that's the actual truth. Well, I think the title is not right. Be specific on the title, you included that this occurred in South Korea. And be clear stating that the body you included is straightforward on your title.
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