Title: Difference between Assets and Cash? Bitcoin Bitcash? Post by: From Above on July 05, 2016, 08:30:46 PM The Bitcoin is known as an asset----yet can it also be considered to be a Bitcash? What is the difference between digital assets like the Bitcoin and 'conventional cash money' ?
what is the difference between cash and capital? whats the difference between cash flows and profits? whats the difference between the money-drain utter corrupt altcoin scene and central banking? Do u use Bitcoin as some kind of Bitcash? What do u use most for internet transactions of any kind these days ? ~CfA~ Title: Re: Difference between Assets and Cash? Bitcoin Bitcash? Post by: Sorrowfox on July 20, 2016, 08:22:19 AM The Bitcoin is known as an asset----yet can it also be considered to be a Bitcash? What is the difference between digital assets like the Bitcoin and 'conventional cash money' ? what is the difference between cash and capital? whats the difference between cash flows and profits? whats the difference between the money-drain utter corrupt altcoin scene and central banking? Do u use Bitcoin as some kind of Bitcash? What do u use most for internet transactions of any kind these days ? ~CfA~ Since I am an accounting student, I will answer your question in my language. Cash are highly liquid asset and is generally acceptable while capital is not generally cash. It can involve equipment and others. Since I am a bitcoin user, I use bitcoin the most as my mode of payment in internet transactions since it is convenient and easy to use. Title: Re: Difference between Assets and Cash? Bitcoin Bitcash? Post by: pawel7777 on July 20, 2016, 10:14:42 AM Since I am an accounting student, I will answer your question in my language. Cash are highly liquid asset and is generally acceptable... So since Bitcoin is a highly liquid asset and could be converted to fiat money almost instantly, does it make it cash (or cash equivalent)? Title: Re: Difference between Assets and Cash? Bitcoin Bitcash? Post by: LFC_Bitcoin on July 20, 2016, 10:23:21 AM I see bitcoin as a store of value, for me personally it's an investment, something that I'm pinning hopes on increasing in value significantly over the next few years.
Title: Re: Difference between Assets and Cash? Bitcoin Bitcash? Post by: GermanGiant on July 20, 2016, 10:37:31 AM Like other assets, Bitcoin is scarce by nature. This is not a nature of cash. Hence, Bitcoin is more of an asset than cash.
Title: Re: Difference between Assets and Cash? Bitcoin Bitcash? Post by: qiman on July 20, 2016, 11:24:21 AM Bitcoin can be placed into an asset class because there is a finite supply of it, unlike fiat currency which gets mass printed every time the federal reserve wants to do a bailout for the banks, which makes people poorer all over the world.
Title: Re: Difference between Assets and Cash? Bitcoin Bitcash? Post by: Decoded on July 20, 2016, 12:13:03 PM The first thing that comes to mind when you mention cash is the idea of a physical manifestation of value. But it's also the fact that it's controlled by a central entity. Something like bitcoin would be considered as an asset, like gold, because it has no legal entity governing the whole system.
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