Bitcoin become an asset

[CoinstarF]

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.

In my opinion bitcoin has it's own value if your going to trade it due to volatility prices may goes up and down,  only the usage of it our hope to increase may it be an asset when you do holding  wait for instance rise then we can have gain and profits that will be the targets of many investors to joined here the coming prices increase.

[1714189769]

1714189769

[Brezz]

I see bitcoin as both a currency and an asset.

[FXTradingPro]

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.

[fendi09]

bitcoin is an asset is great for US invest.because benefit very much that can help economic issues families, then it's a lot of people in a variety of the world using bitcoin to invest

[jj6080801]

I think bitcoin is a benefit. Property is a place to store esteem, it can enable you to increment or abatement the estimation of aggregate resources. Bitcoin has enough of these components, it's protected on the off chance that you know how to safeguard it. It will include esteem on the off chance that you have enough persistence and comprehension

[gorbabtc]

It is more valuable as asset also, there are also other options similar to it like stocks. Until , we have instant Bitcoin payments, it will not succeed as a payment medium.

[teklang01]

In my own opinion, bitcoin become an asset because we can earn with the increasing and decreasing of the price of it. When we hold it for a few years, imagine the earnings we can get from it.

[kirito1614]

I see Bitcoin as important thing or an advantage for individuals for they need Bitcoin. For lile some other cash, Bitcoin takes after the standards of aupply and request of the economy. This causes individuals to make exchange less demanding, empowering holders to change over merchandise into a broadly tradable item through the business deal and afterward it uses to buy almost anything they wish to have. The most critical thing that makes Bitcoin profitable is that, Bitcoin is not the same as the other. It has its own capacities to individuals' need, it demonstrates its uniqueness to individuals.

[Black Angel]

Can be said so, currently many investors are making bitcoin as a future asset, this is because bitcoin prices continue to rise so as to satisfy users, with bitcoin then the assets will continue to grow and this certainly makes us get big profits.

[warkop121]

They say that bitcoin is a digital currency that can be used to buy goods or services but what people actually do with bitcoin is using it as an asset to generate huge profits. so you have bitcoin as an asset or use it as an asset is not a bad idea and I think it is good news because it will give room for bitcoin acceptance in general when you know that you can trade with your bitcoin no matter where you are in the world without party problems third.

[sundul]

Bitcoin is a very valuable asset and is the future of digital currency. And this technology, in my opinion, should continue to be developed due to the current economy can change human Bitcoin. In what was a very ordinary life now that they've been living with the convenience of sufficiency.

[yecats]

Asset is putting money to your  pocket Yes I   consider Bitcoin is asset. I include that to my financial statement as an asset. Keep Investing in crypto but always remember only invest on what you can afford to lose.

[hoaphong5474156@gmail.com]

Bitcoin is a virtual property. It is exchanged for other currencies that can be used in our lives. So its value has changed a lot

[markleal]

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.

Hi there indrakusumaindra! I have also read the same news and it gives confidence to those people who are new and starting to invest in cryptocurrencies. But it is much better if they will recognize bitcoin as a legal tender. By then it could be used to buy anything in Korea, either product or services.  But bitcoin being an asset is good enough to make the bitcoin mainstream in trading platforms. I hope that other countries will follow the steps done by the Koreans.

[oanhtrang1523584@gmail.co]

I think becoming a widely used currency is the dream of Bitcoin as well as the developers. At the present time we still regard it as an asset to trade and exchange

[littlePig]

Bitcoin can also become an asset, but at the moment it's a very risky asset because its price is volatile. So,  there are many solutions to limit the price volatility so that it can be considered as an asset

[Raja_Salman]

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.

currency in its usefulness as an asset of ownership and for the transaction it may be in my opinion and bitcoin is no exception

[ParveZ219]

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.

Yes ofcourse bitcoin is more than a currency. Its an asset....You can trade this thing... Generally in the long term investment we peoe are using bitcoin as aaset only...And all the traders are using it as a trading thing...Or its like share market too.

[Yokoyoki]

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.

Investment is the advantage of cryptocurrency, because the value can be increased higher. Bitcoin does tend to be used as an investment, but bitcoin will remain a cryptocurrency.

[Aleth]

The fact that Bitcoin is a money and we can invest in it and earn big, that qualifies it as an Asset. You invested in it and put your money in it, allowing it to earn big.... Bitcoin indeed is an Asset.