Bitcoin become an asset

[vidivici]

I think that bitcoin is now more functioning as an asset. Bitcoin is less able to perform its function as a currency that becomes a means of payment due to the limited number of bitcoins. The number of bitcoins that only 21 million is small if it is spread across the country. Deals with a limited number of coins that are less active so that indeed this limited amount makes bitcoin very unfortunate to be used as a means of payment. The owners are more using bitcoin to be stored as an asset and sold when the price is high.

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[travelgear17]

if you wish to buy sth the use of bitcoin then its a foreign money. then again its like an asset that if you want to convert it into cash (usd) then you could do it too. Bitcoin as soon as end up broadly perfect with the aid of many traders and people around the sector, then its real value will come into the picture.

[ciricoro]

Bitcoin can be marked as both cash and resource. It has an esteem so in this way this two term can be use in the meantime. Bitcoin is currently getting to be profitable to everybody and a decent type of speculation that can be use in such huge numbers of exchanges.

[kyledavid]

i do consider bitcoin as my asset . though in was not accepted as asset for any local banks where i was suppose to get a house loan  but for me bitcoin is one of my greatest asset because in bitcoin i saved lots of money where is one of the main source of my financial income and i use it for supporting family needs . I am really thankful for bitcoin because it is one of a kind

[Nunii]

Bitcoin, if becomes a real currency, or recognized formally as currency, will be like dollars or any other fiat currencies. And technically if you have some or lots of it, this forms part of you cash and cash equivalents, which is technically part of your Short Term Asset. So, if in any case, BTC is recognized as such, it will mos probably be an asset right?

[Ashong Salonga]

And now officially it become an asset and I'm not sure whether this is good news or not for cryptocurrency. Anyway with legalization - more investors will come to invest in bitcoin.

For me it is true that a lot of people now is using bitcoin as an asset because investing with bitcoin is really a good investment and bitcoin can able to help a lot of investor to earn a very huge amount of money but i am hoping that in the future we can really used bitcoin as a real currency.

[Stac]

Initially the bitcoins was created by Satoshi as a Crypto currency which can be used by all from any part of the world without any differences, but due to high demand for bitcoins in the crypto currency market the price of bitcoins keeps on increasing every year and when there is a hike in the market the price start to increase with a huge leap in the crypto currency making it a good investment for long term as the investors will be able to become millionaires and billionaires from investing in bitcoins.

[pareshnakar]

Yes we say bitcoin is a asset because both of the same bitcoin is a digital currency so its called asset so bitcoin become asset.

[Whibu]

it is true and I think not only in south korea that bitcoin is an asset, and until recently the fact is bitcoin is like an asset and not yet fully indicated as the currency used in the transaction in general.

[Tinker18]

Absolutely Bitcoin is a asset. Which can be spent, which can be exchanged, it is a valuable resource. We break Bitcoin into our own asset and then we are enjoying it, using our daily work and saving for the future.

[missg23]

Bitcoin is performing less as a currency rather it is performing as a digital assest. There are only limited bitcoins that can be distributed for each people in this world. As a means of payment for goods and services the world should have enough currency to circulate all over nations

[sergiom]

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.

Initially bitcoin was developed to become an alternative payment method cryptocurrency, but for now you are right it turned out to be a manipulative investing asset as I have said in my previous post.

[Mazda17]

I think bitcoin is a valuable resource.Because, bitcoin is one of the things to earn a lot of money.Even it's a strong currency.But this wealth is not a permanent asset.This is an ongoing process.Because, it is always changing.

Your opinion that makes me more confident that bitcoin is a valuable resource that makes a lot of advantages for me and many people even though it is not a permanent asset. This is an ongoing process because it is always changing.

[prabowo499]

The design of Bitcoin allows for anonymous ownership and transfer of wealth. Bitcoin can be stored on a personal computer in a wallet file format or stored by a third party wallet service, and apart from all that Bitcoin can be sent over the internet to anyone with a Bitcoin address. The peer-to-peer bitcoin topology and the lack of a single administration make it impossible for any governmental authority to manipulate the value of bitcoin or cause inflation by producing more bitcoin.
With this State can not own or move Bitcoin.

[Magkirap]

I still think bitcoin is an asset, and it's hard to call it currency.
Because currency is going to be widely used, and bitcoin is hard to use on a large scale right now, I expect the lightning network to change everything.

Actually, you can use bitcoin as an asset and currency. Aside using bitcoin as an asset and currency you can also use it as an investment which will help you to gain and make income. Furthermore, some people prefer to use as an  asset simply because they earn income from it but I think bitcoin is more capable to use as currency.

[Tinker18]

Bitcoin is an invisible asset of yours,I think what south korea is actually just admitting that bitcoin is the digital currency. Only south korea in writing recognizes in the form of an asset.

[leavolnhals]

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 think the opposite, bitcoin can be a safe asset. It will solve all problems when the economy is in crisis or instability. Investors can achieve high turnover in times of crisis. Future bitcoins will be used as the official currency, where the bitcoin is used to buy food, houses, cars, tax, etc. So for me Bitcoin is a dream asset.

[cuplisbird]

We know, bitcoins can be used as digital currencies, bitcoin is somehow an asset at some point, it is also a resource that gives the tonnage of people who use it. Bitcoin has different uses that make it more attractive, not only for transactions but for investment as well. It depends on the person using it. Bitcoin is really beneficial and helpful when it comes to financial needs. Not just today or today but in the future.

[Epimetheus]

personally i think bitcoin is an assets,when ever bitcoin is a currency, but bitcoin currency is very strong currency so we can say bitcoin is a currency and big an asset.

In my opinion bitcoin is personally an asset for all most everything which are related to money. For many people bitcoin is a suitable asset for investment purposes. Because of its increasing price. Its price is also comparable to gold and sometimes it provides much more benefits then that of gold investment. Bitcoin is also a main asset for online trading, because of its innovative transactions method it is highly used for this. Many people also used it as money transaction application.

[Arumi.Bilqis]

it is true that bitcoin will be an asset everyone is looking for and it is true that until now there are so many people doing it.
other than that bitcoin will be the source of income for everyone who joins.