People don't seem to be able to grasp that declaring something "virtual asset" doesn't automatically mean it has value. Value is the benefit that a thing in itself provides to people. In goods and services this banefit is the ability of a thing to satisfy a particular want. In financial instruments this benefit is payment that instrument issuer makes to instrument holder. Bitcoin is a few digits in a memory. So one cannot use it for want satisfying. Nor its issuer pays something to its holder. This renders Bitcon worthless and declaring it asset, money, digital gold, coin, or whatever, won't make this fact go away.