Bitcoin become an asset

[Alns]

It is good that such a big country is that South Korea are considering bitcoin as something legit and worthy of our attention, I just hope for every country to follow that path.

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[Jupeter]

It is good that such a big country is that South Korea are considering bitcoin as something legit and worthy of our attention, I just hope for every country to follow that path.

There is no doubt that right now bitcoin is becaming an asset because the value of it can increased when the time passed by and we can really have a lot of money with bitcoin and i believe that almost all people here in crypto is using bitcoin as there asset rather than a currency

[Aponkye1]

Bitcoin which is supposed to be used as a currency in our daily expenditure is now been held as an asset and this has generated a whole lot of comments which i think it is high time as a community we address this issue. Bitcoin as created by Satoshi was purposed to be used as a decentralized digital currency and not kept as an asset and i think this has contributed to the reason why it is so expensive that only few people can purchase it.

[Legwist]

Bitcoin is considered as an asset because the value of bitcoin is very expensive now. Bitcoin was really profitable and helpful when it comes to financial need. Not only today or this present days but in the future.

[DaftAjax]

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.

Legality and Acknowledgement is a different matter. It has not been Legalized but have been Acknowledged, because Bitcoin is not illegal to be legalized anyways. Its a crypotocurrency that can be pictured either as an asset or as a currency, whichever you prefer is fine. Bitcoin is a worldwide phenomenon, it have been a great impact to us all. A country may do whatever they like whether they will acknowledge or ban it. The development is in their hands, they probably regulated Bitcoin.

Its neither good nor bad news.

[Ahmadarwani56]

yes it could be because the earning potential of bitcoin is very large therefore cripto users definitely make bitcoin a very valuable asset .

[artichandra]

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 main reason why bitcoin created is for creating crypto currency to make things easier. But because volatile prices bitcoins had, many people think bitcoin is better for asset than become currency.

[ubeng07]

It is good that such a big country is that South Korea are considering bitcoin as something legit and worthy of our attention, I just hope for every country to follow that path.

There is no doubt that right now bitcoin is becaming an asset because the value of it can increased when the time passed by and we can really have a lot of money with bitcoin and i believe that almost all people here in crypto is using bitcoin as there asset rather than a currency

true it may ever be look but deep inside more on seeing this currency i can say also that this is not as an asset for now cause we see for this more on to be volatile price.

[main320]

I likewise take a gander at Bitcoin as a money, and it is made to be a cash. It does have an unstable value which makes it a benefit, however, would they consider euro or dollar as an advantage in the event that it had unpredictable cost? Likely not. A benefit must be purchased and sold yet Bitcoin can be utilized to purchase and offer so it characterizes it as a money.

[Sakibhasan.bd]

Wow,,,!
It just a great news, I am also think bitcoin as a asset. It will create positive feedback for bitcoin market by accepting south korea bitcoin. For this reason also bitcoin price can be increased. If people think bitcoin as asset they will hold money on bitcoin. So that bitcoin ranking will get a good position.
I will thank you for this glad news.

[salalaman]

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.

What I know is that currency can be an asset. Being asset in South Korea to me is all about how valuable and precious the see bitcoin as and this will bring more confidence in the cryptocurrency.

[allaking]

I do not see any wrong in bitcoin becoming an asset. Asset is something that brings income and it can be exchange for goods and services. Investors invest in asset. That is, what they deemed profitable.

[baho11]

Yes bitcoin can actually be said to be an asset because bitcoin has a very good value if it is hold for a long time, and bitcoin will run out after being mined and will be a rare thought to me in the future. So with the scarcity of the future, then it is worth to hold because it is very likely to have a very high value in the future.

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[Elai101]

Yes bitcoin can actually be said to be an asset because bitcoin has a very good value if it is hold for a long time, and bitcoin will run out after being mined and will be a rare thought to me in the future. So with the scarcity of the future, then it is worth to hold because it is very likely to have a very high value in the future.

Definitely, as far as i know BTC gives us income a good income, so no doubt for it. BTC can be an asset to be store in a safe place like gold.
This can be a good source for financial needs for the family. Even though it is volatile but I still consider it as a good for investment and can be so much worthy to give extra effort to bloom.

[absurde]

This is not important , how do we call an asset or cryptocurrency or payment method. Btc will find  it's way in near future.
But in my opinion  we should keep BTC.

[Yucco]

In this case, South Korea set a good example for very many countries that have difficulties with adopting bitcoin as an asset. A very short time will pass and bitcoins will start accepting central banks of all countries. I believe that it will be.

[mmo_online_1981]

This is most likely when many people are interested, organizations, government care and use! Currently, bitcoin and altcoin are just a kind of investment property!

[Jonnitor]

Since bitcoin is not yet legal in every country, therefore bitcoin is not considered as an asset. It is a currency aside from actual cash, which you can turn it to actual cash through trading or selling.

[joebrook]

I do not see any wrong in bitcoin becoming an asset. Asset is something that brings income and it can be exchange for goods and services. Investors invest in asset. That is, what they deemed profitable.

Bitcoin is already an asset when it became clear that it value rises considerably when you buy and hold it. The same can be said of Gold and other precious minerals who's value rises considerably over time.