Post
Topic
Board Bitcoin Discussion
Re: Bitcoin become an asset
by
Jayleon
on 03/07/2018, 16:02:58 UTC
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.

Although Bitcoin is a currency it could be seen that holding Bitcoin is proven to be very profitable. This shows how valuable it is.
So even though it is a currency, it could be an asset because of its value.