Post
Topic
Board Bitcoin Discussion
Re: Bitcoin become an asset
by
bitcoin2048
on 24/07/2018, 11:41:10 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.

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.