Post
Topic
Board Bitcoin Discussion
Re: Bitcoin become an asset
by
Kiwek
on 17/09/2018, 10:48:08 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 that is good news where we see that the condition of Bitcoin is not yet a legitimate payment instrument, it is the first step as a stepping stone to become a currency, a very good asset to grow more and attract more investors, especially for South Korea.