Bitcoin become an asset

[bitcoin2048]

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 bitcoin is not just a digital currency but it is also a digital asset. It is an asset because we all use it as an investment to get a profit. Currency because we use it as a payment method online.

[Voidcrafter]

I believe that bitcoin should be an asset, not a currency. It should be traded, but it should not be a means of payment. Many people think that bitcoin will pay in the store for bread or mineral water, however, I believe that this stage will not be. For this there are other alternative coins, such as Bitcoin cash or ripple, etc.

[rosemary4u]

In my opinion, I think bitcoin should  be classified as a currency since it is a digital currency. Currently people classify bitcoin as an asset because they sell to earn fiat currency. Those who classify bitcoin as an asset see it as a property that can be sold to earn money.

[Strange9]

It is hard to bitcoin into a kind of property because the government is afraid of bitcoin

[Lalafell]

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.

Bitcoin can be used as an asset and as currency. Aside from bitcoin an asset and currency you can able also use it as investment where you can able to make good profit. However, bitcoin is more capable to use an currency where can be exchange in some valuable things and it always use in many transactions.

[yohan09]

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.

Bitcoin an interesting investment choice for those looking to store and potentially grow their wealth not entirely dissimilar to stocks or real estate. Just as physical gold exist as a valued investment based solely on the belief that it will always have value, so too does Bitcoin carry value in its scarcity.

[rajon]

Bitcoin is not an asset to Bitcoin resources. Bitcoin is now being used by people for different needs. Bitcoin is completely controlling it by computer. It is available to people to profit through investment. People are now using Bitcoin for investment and there are some good profits from here. So I think Bitcoin is the wealth.

[Vickyrichy]

Well, for me i don't see bitcoin as an asset. Bitcoin is a digital currency which was created to solve the problems the physical fiat couldn't solve. Most people see bitcoin as an asset because of its price value. In 20 to 25 years to come bitcoin will have a stable value price just like a normal currency use for transactions of goods and services.

[Gracie12]

The current BTC does not have the essence of assets. As an asset, it must have a stable price, but the current price of BTC is very unstable.

[Farhan786]

Bitcoin as a digital asset. Because the price is very volatile. And most people buy bitcoins to be kept as long-term investments. Bitcoin is worthy to be an asset with a growing value and a very crowded market.

[vagsun]

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.

According to me Bitcoin is both asset as well as currency. Bitcoin is currency for those people who use btc for making day to day transactions or in other words, for making payments of revenue expenses. Bitcoin is an asset for those people who use btc for occasional purposes only and sale or purchase it in order to earn profits. If bitcoin is considered as an asset, then it will be categorised under current assets.

[quocsi]

We want the future bitcoin to become the world's currency but the current bitcoin situation is like a precious asset. Personally, I find bitcoin to be asset as well as currency. To see bitcoin as a currency today is still difficult. Therefore, it is better to leave it as a valuable asset and be compared as gold

[max1616]

Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem..Governments that understand that Bitcoin will no longer disappear are starting to keep up with it..South Korea has made a start on this issue..I hope Bitcoin will become legal in the near future by all the governments  in the world.

[jcmansah7]

yeahh i agree with you perfectly that bitcoin was created as a digital currency and not to be used as an asset but the problem that the crypto community is experiencing right now is that there are not many platforms that accept bitcoin to be used to pay for transactions.

[Taronet-division]

for me bitcoin digital currency that I use as a payment method, and I also use it as an asset to make a profit. so it's good for me to use this as payment and assets, many uses.

[Tan_avia)vl.]

And let's look at it from the other side. I do not see anything wrong with the fact that Bitcoin develops (and this is development). It is better so, than it would be extinguished and all about it quietly and peacefully have forgotten? It's like gold.

[Black boy]

Once the financial crisis, people usually store gold, but gold is endless and the best choice is Bitcoin. Since Bitcoin has the maximum number of coins available on the market, it will also be considered an asset to keep.

[icaica22]

In my own opinion, I consider Bitcoin as a valuable thing or an asset for people because they want Bitcoin. For every other currency, Bitcoin follows the rules of aupply and economic demand. It helps people make trades easier, allowing holders to convert goods into commercially tradable commodities through business sales and then used to buy almost anything they want. In my head I think bitcoin is the currency and that can be used as a assets, depending on how you will use it, as a currency you can buy and pay for the use of bitcoin and if you want it as an asset, just as easily let bitcoin in your personal wallet in my opinion it is an asset.

[nhanhuutam]

First of all, you know that Bitcoin is just a digital currency. Bitcoin is a great success currency around the world even as it's rapidly gaining in popularity. It's more important for our lives and a whole new way of changing our way of life.

[victoryana]

bitcoin is the property of the investor to get the bitcoin we have to use the currency to buy the bitcoin and then that bitcoin is of course our property, we should keep them more careful