Bitcoin become an asset

[franciscoDC]

In this world now everything can be possible because of media,and if you say so that bitcoin can be asset i think it could be,and i heard some news regarding the use of bitcoin in a illegal activities ,so i think this is a bad side of having bitcoin.

[BabyBoss]

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.

Maybe some people using it as an asset since bitcoin is digital and already recognize as currency since it is already converted into cash.

[matej451]

Hard to say. I think it is a big future in crypto because of blokchain technology. Soner or later majority will make transaction on block-chain to avoid mediator aka banks.

Transaction will be cheaper and faster but some development is still needed. It my be an asset a value should increase but BTC was one of the first there is no guarantee that no coin will replace it.

[euronine897]

I agree Bitcoin should not only become an asset it should be more considered as a currency because it is the main reason it was build in the first place but it is becoming more as an asset among people due to its continues price increase and the demand it gains in the world so rich crowd tends to buy and keep Bitcoin rather than using it which is sad

[rakesh6162]

As the Bitcoin price high countinues, the big question has arised whether it is over valued. Because Bitcoin is a digital risk assest not a currency.if you have own bitcoin you have an assest, but it is not safe refusal.

[tamarindbleu]

it's depend how you using it. he strength of Bitcoin is its ability to function as both money and an asset. Like gold, the value of Bitcoin will continue to climb as it becomes more of a scarce commodity that people want to own.

It is true that bitcoin now is also becaming an asset because we all know that bitcoin is great investment and many people are making a lot of money with bitcoin and now many investor is keeping there bitcoin because it can help them to make many income.

[salalaman]

Bitcoin has gained worldwide recognition in a way that people have taken it to be an asset  instead of its exact nature. Bitcoin is a digital currency like the fiat with the difference being that the fiat is physical and can be controlled by the central bank while bitcoin is digital and can't be controlled.

[Allan Ramanda]

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 currency is usable for shopping and can be accepted by everyone for the exchange tool. but bitcoin is very difficult to receive from all circles, be it society, government and even many social media who want to fight bitcoin. bitcoin for me is an asset that one day we can sell at an expensive price.

[suzanogbomo]

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 like the Koreans, they support their citizens and as such both the government and its citizens can benefit from the global economy being created by bitcoins

[Farma]

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 currency is usable for shopping and can be accepted by everyone for the exchange tool. but bitcoin is very difficult to receive from all circles, be it society, government and even many social media who want to fight bitcoin. bitcoin for me is an asset that one day we can sell at an expensive price.

because the price is always growing, and very high, but it is very difficult in can, bitcoin be an asset that is very important to have in the future. I'm sure many use bitcoin as an asset that must be stored in the future.

[suzanogbomo]

Not mixing words, bitcoin is indeed an asset one should invest in. If u get bitcoin now,in the near future u would be glad you did because the value would have risen.

Bitcoin is practically building future millionnaires, imagine someone that had 10 bitcoins when the value was less than 1000 USD, one can only imagine the million that will be worth say in 5- 10 years time.

[hot_ads]

The price of bitcoin is not stable, and it can only exist as a speculative product rather than an asset at present, so BTC cannot be compared with gold at present.

[Snakerist]

That's reaaly great news and there is nothing bad that Korea government calls Bitcoin an asset. It is stiil able to transfer value between people.

[Tinaw]

Yes it is a digital asset, which should be moving as the prices go up and down. which value depends upon supply and demand,as you may know its supply is fixed so if its demand will rise then its value will rise too or vice-versa.

[Birin016]

Bitcoin is more used as an asset and can provide income that is very helpful to meet the needs of the economy, holding bitcoin in the long run is more likely to get better profits due to increased bitcoin value.

[xena2]

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 is an asset.  Once converted into a currency and invested,  it becomes an asset.  Having a currency thatdiffers depending on the market price.

[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 most of the people are accepting Bitcoin not as a currency but as a thing with which they can make some profit...They are either doing short term investment or long term investment which we generally call "keeping bitcoin as an asset"... This is why bitcoin is advantageous in many ways.

[equal2detask123]

I think of bitcoin as an asset, because every bitcoin purchase they consider it to be a very profitable asset and although bitcoin drops probably in July there is a significant increase

[pritibitisi]

Bitcoin is an asset because it has value , anything that has value can be considered as an asset.
But to elaborate it more i believe that Bitcon certaily proven its worth in the market that the Government fear it or some use it already.

[ajuelnah akun]

bitcoin is both, the currency and assets.
bitcoin is very useful as an investment in comparison with gold, because btcoin can rise at any time.
and bitcoin is also useful as currency, but if used to make payments on a large scale.