Quote from: seniorita on September 16, 2018, 06:00:33 PM

Quote from: indrakusumaindra on June 08, 2018, 11:46:40 AM

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.

Bitcoin obviously a currency that's why it called cryptocurrency, but for now bitcoin can become asset too, i don't see any problem with that.
People use bitcoin for investment because for now bitcoin price not stable, that why many people prefer using it for investment not for payment.

at this time in addition to being a currency, many people use it as an asset for investment, in some countries bitcoin has not been legalized, as in my country bitcoin is prohibited from being used as a currency for payment transactions but is allowed as an asset for investments such as investing in gold, obviously we can't violate government regulations and for now in my country it only makes bitcoin an asset