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.
No matter what it is, it either currency or asset because it is good news about the whole crypto and it is not big deal by being asset or currency. How do you think? if this is currency, why the price increase faster and decrease? it is not affect the crypto if it is asset or currency because the important is it can help and can be use as currency and can become asset.