Bitcoin become an asset

[CrossSignal74]

Many investors and brokers have found bitcoin as the asset in lieu of currency. Because its simple and safe.

[AceDeep69]

Btc has giving us a lot of opportunities and benefits  in different sectors such as trading, purchasing etc. Many people including me who have won the btc in crypto market thinks its valuable.

[BlackRose220]

Bitcoin delivers maximum number of coins in the market as well as  lot of benefits. So people considered btc as assets. 

[hinpoc.hin]

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 it is ok for bitcoin to become an asset. Bitcoin price is so expensive, it almost same like asset in real life.
if you think bitcoin is only for currency, then you cannot make bitcoin as your investment.

[DenSamui]

In my opinion bitcoin is both a currency and an asset. Bitcoin can be used as a currency if you need to buy something and pay for something, or you can use it as an asset and earn with it.

[btccoffee]

I think bitcoin today is consider as an asset by so many people just like a real estate even though its risky but there is a good chance that your investments will be 10x up to your investments or 10x down to your investments too.

[janjan03]

Yes bitcoin is an asset we can get here a big profit

[StartupAnalyst]

I think bitcoin today is consider as an asset by so many people just like a real estate even though its risky but there is a good chance that your investments will be 10x up to your investments or 10x down to your investments too.

This is the reason for the volatility of the BTC, if more people bought an BTC not for profit, we would have seen a completely different picture. Fake news from the media did not have so much success!

[DgurJIupyf]

I believe that bitcoin should be called an asset, not a currency. The thing is that bitcoin is not very well suited for making permanent transactions and transactions in the store or on the Internet. Bitcoin has a high fee for the transfer and slow speed of payment processing. For these purposes, other coins are well suited, for example the same bitcoin cache

[bitcoinajax455]

I believe that bitcoin should be called an asset, not a currency. The thing is that bitcoin is not very well suited for making permanent transactions and transactions in the store or on the Internet. Bitcoin has a high fee for the transfer and slow speed of payment processing. For these purposes, other coins are well suited, for example the same bitcoin cache

You have a point that bitcoin be an asset because an asset is anything of value that can be converted into cash. Bitcoin have characteristics of being as an asset, and it is also a digital money.

[rasmadisulaiman]

I think it can be both, bitcoin can be an asset or currency depending on its use, if I want bitcoin as a long-term investment or assets I will save for the future, but if I want to make it as currency then I will pay my employees to use bitcoin, I think my employees would be happy if I pay with bitcoin because it could be a future asset.

[Coinnosaurus]

And now officially it become an asset and I'm not sure whether this is good news or not for cryptocurrency. Anyway with legalization - more investors will come to invest in bitcoin.

[deel02]

Yes bitcoin is an asset we can get here a big profit

it is good point where you can have bitcoin, and of course you can do such things from it. Similarly from the others that can barely use bitcoins, through their selves. And I believe late on it can be more functional in terms of trading in the different fields and industry.

[ridho002]

I think bitcoin today is consider as an asset by so many people just like a real estate even though its risky but there is a good chance that your investments will be 10x up to your investments or 10x down to your investments too.

Those opportunities that really interest people about Bitcoin to be a valuable asset in the future. That's what everyone has chosen.

[w5pn73]

Asset or currency it remains valuable as it is the biggest decentralized payment network.

[uyenkt]

I think bitcoin can really be an asset considering bitcoin has good trading opportunities in the digital market. Therefore, we can use bitcoin for future assets in the short and long term. It will probably help all of us for a better future.

[Faeton]

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.

Most states recognize bitcoin as an asset, not a currency, that is, not a means of payment. They point out that bitcoin does not have signs of currency or money. With this, in principle, it is difficult not to agree. It was all the more surprising recently to read that a special commission set up by the Government of India had come to the conclusion that bitcoin could be recognized as a means of payment. This is after the crypto currency in this country in general was for a long time on the verge of prohibition.

[Strange9]

T thinks that if bitcoin is used as an asset, it is evident that bitcoin is still highly reliable from many people, so bitcoin will become stronger and prices will certainly increase.

[StartupAnalyst]

I agree with what OP said, originally bitcoin was created to be a digital money online. But many of the bitcoin holders are investing because of the unstable price so it can double the profits.
Perhaps the state government (South Korea) makes bitcoin as an asset so it’s more valuable and easier to trade, maybe that’s what’s in mind of the state government (South Korea)

Yes, you are right, as far as I know, BTC was created in order to be accessible to any person on the planet, and all of them would have the opportunity to make transactions with low commissions avoiding intermediaries and regulators. But now the owners BTC are mostly people who crave for profit... =(

[Al Wahhaab]

I still think bitcoin is an asset, and it's hard to call it currency.
Because currency is going to be widely used, and bitcoin is hard to use on a large scale right now, I expect the lightning network to change everything.

yes this is true if so ... bitcoin is a big asset as well as a big currency .....