Post
Topic
Board Bitcoin Discussion
Re: Bitcoin become an asset
by
Pinoyfan
on 14/08/2018, 06:12:16 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 both an asset and a currency. What some people who see it merely as digital gold are failing to take into account is that once the Lightning Network is fully rolled out, microtransactions with bitcoin will once again be possible.