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mkhadazz
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June 22, 2018, 10:32:08 PM |
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yes you are right bitcoin can be used as an asset but bitcoin can also be used for more than assets because I see bitcoin can be very expensive and bitcoin also very little total supply so it will make bitcoin become very expensive.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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_Aristocrat_
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June 22, 2018, 10:32:24 PM |
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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 would not say that at the moment the use of bitcoin is convenient and it is not developing. |
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Nick Abimanyu
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June 22, 2018, 10:33:20 PM |
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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 created as a currency whose original purpose was to respond to deficiencies which existed in the common currency, due to fluctuating value eventually the government was worried some ideas came from government officials to make some kind of prohibition one of them is 'bitcoin is forbidden, if used as a means of payment' and this statement addressed to those who adopt it, this's what has changed the function of bitcoin from its original purpose. Because of the volatile bitcoin value, smart ideas arise from bitcoin users to use it as an investment asset. |
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furry04
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June 22, 2018, 10:34:58 PM |
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btc`s mission was to be a currency but the way it is treated for the most of the users makes it to think as an asset and in addition the high transaction fees and waiting times make this thought more supportive.
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Swanh
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June 22, 2018, 10:47:38 PM |
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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 a digital currency thought but it could be considered as an asset.Because many people are earning or acquiring the coin in large quantities.Since it is contributing to their riches it could be considered as an asset. |
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clarkey2013
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June 22, 2018, 11:28:58 PM |
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I think that no matter how bitcoin was called, it will still be a currency that can change the world. I hope that soon bitcoin will be adopted in each country as an internet currency and will be approved for purchases and transactions.
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DoublerHunter
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June 23, 2018, 12:56:24 AM |
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I think that no matter how bitcoin was called, it will still be a currency that can change the world. I hope that soon bitcoin will be adopted in each country as an internet currency and will be approved for purchases and transactions.
It can change the world by not being a currency but because of its technology and idea because of the blockchain. Blockchain will give a lot of benefits to the world like the convenient system and also faster mode of transfers of data because of the use and taking advantage of the internet which make bitcoin even more interesting in the future. |
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billionaireSHS
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Decentralized Transportation Solution
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June 23, 2018, 01:04:03 AM |
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Definitely yes, bitcoin was considered as an asset as long as it is a currency. We all know that bitcoin has a value and even how much value it is, still we can considered it as a asset. Asset was not only for a big amount, you can alsilo called small amount as an asset.
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nanasei
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June 23, 2018, 01:47:45 AM |
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It is long time bitcoins should be classified as asset like stocks, commodities and forex. With this banks will now use it more for their services since it can be use in investment portfolio.
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Noelle.2412
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June 23, 2018, 02:03:40 AM |
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Bitcoin can be currency and assets. It relies upon the client on how you utilize it. Overall it is exchanging starting with one hand then onto the next hand as money, but for me, I utilize the bitcoin both.If the bitcoin as a transaction tool may be only a few countries that already allow bitcoin as a transaction.
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LionelRobinson
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June 23, 2018, 02:23:16 AM |
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Indeed Bitcoin is an asset.Since Bitcoin has the maximum number of coins available on the market, it will also be considered an asset to keep.
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AntonioTM
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June 23, 2018, 02:24:27 AM |
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Bitcoin is an asset but it needs to be used as a currency to maintain its value.
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tuturutmunding
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June 23, 2018, 02:27:27 AM |
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sell everything we have to get bitcoin? do not be too dependent on bitcoin because volalitas price fluctuating bitcoin like bubbles that can erupt with at once in my opinion btc less suitable for the make asset or main income
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Gorionh
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June 23, 2018, 02:40:29 AM |
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Bitcoin is becoming wealth in my opinion. But bitcoin is not a fixed asset for you or me. Bitcoin is considered as an ongoing asset resource. Because bitcoin has changed hands in a short time.
Bitcoin is an asset. It is an asset that needs strategy. It's in your technique on how you will make your asset become big through your patience. |
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Theonethatgotaway
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June 23, 2018, 02:46:30 AM |
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Indeed Bitcoin is an asset.Since Bitcoin has the maximum number of coins available on the market, it will also be considered an asset to keep.
Bitcoin is a currency but bitcoin is also an asset since you can invest in bitcoin and earn more than your capital. But bitcoin is made to be a currency we should use bitcoin as it is to maintain its value. Though no matter what we address to bitcoin whether it is an asset or a currency we can deny the fact that bitcoin is the number one cryptocurrency and also has a high value coin in the market. |
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Roadarks02
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June 23, 2018, 02:56:35 AM |
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Indeed Bitcoin is an asset.Since Bitcoin has the maximum number of coins available on the market, it will also be considered an asset to keep.
In my opinion bitcoin is an asset for we can invest and gain more than we invest also with benefits. However bitcoin is being made as a currency but for me a currency is something that we can use in around the world. Bitcoin should be used as a currency to maintain the value. |
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Chaelbrin
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June 23, 2018, 02:58:25 AM |
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This interminable inquiry regarding the bitcoin nature. What is Bitcoin? An ever increasing number of individuals see that the universe of customary fund isn't great. Maybe BTC will be broadly perceived far and wide, which will be reflected in the extensive exchanges volume. In this manner, bitcoin can turn into a generally utilized Worldwide Advanced Cash. This is the best situation! In any case, to do this, it needs to end up more steady against different monetary standards. National banks and governments must perceive bitcoin ,at that point it can rival fiat.
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LETme
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June 23, 2018, 03:01:42 AM |
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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. Every person has different point of view and they treated bitcoin as an asset which is not bad because holding bitcoin for long can gain profit, So they believe bitcoin is an assets that can very useful for the future and I think that is the practical way, if we really want to get rich through bitcoin helps. |
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patrickj
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June 23, 2018, 03:08:11 AM |
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In the vast majority of the nations, it is as yet indeterminate to group Bitcoin as a cash, as an advantage or an item. In any case, regardless, lawful recognization does make a difference and encourages the business to develop in a positive bearing.
We should comprehend that the choice of grouping would bring about an adjustment in the expense rates so it is energizing to see, how the enormous countries will treat Bitcoin in a legitimate perspective.
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Santy_aya
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June 23, 2018, 03:29:11 AM |
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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 user prefers the more favorable, and therefore they use bitcoin as an asset. But even though bitcoin is used as an asset, it will not eliminate its usefulness as a currency. |
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