Post
Topic
Board Bitcoin Discussion
Re: Bitcoin become an asset
by
muhammedb
on 16/09/2018, 14:09:25 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.

personally i guess bitcoin is not just an assets but also a currency, because bitcoin can now being used to pay for goods and services online it a currency many people take bitcoin as an asset because it be kept for future purpose so because of this many misunderstood of true value of bitcoin, the plain truth is that bitcoin can be classified as both asset and currency because it perform the both function it all depend on you as individual to decide on what to classified it as.