Post
Topic
Board Bitcoin Discussion
Re: Bitcoin become an asset
by
rye18
on 21/07/2018, 01:54:55 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.


For me, bitcoin is a digital currency with a triple purpose aside from investment, an asset it can be used also as payment on some transactions but the good thing is while being an asset it can be use also as investment and the value keeps on increasing depending on the market movement.