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.
It's obviously a good news when bitcoin is accepted as like an asset in South Korea. I don't think becoming the asset is not the right purpose of bitcoin. Its always stay in any kind of use and it has to be like that. For instance, gold was used as an asset also the currency for the transaction by ancient in the past. However, the fluctuation of the market has to be stable more to be as like currency. For now, bitcoin actually is the asset, personally.