Bitcoin become an asset

[Max99]

Hello People, I have read hundreds of bitcoin articles, I think people are still confused about bitcoin as future property. 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.

What do you think?

[gotbounty]

Bitcoin is a digital currency but the fact is that more people use bitcoin for investment. This means that bitcoin can also be an asset. I think it's not much different, like people in my country who will collect dollars at low prices, and they can sell dollars at high prices.

[keyz]

Bitcoin can be called an asset because it has a high value every year. Even some people often call it bitcoin as digital gold. Because the value of bitcoin is no less expensive like gold. In addition, bitcoin has unique characteristics, can be broken down in the smallest value such as gold. That's why I agree that bitcoin is referred to as digital assets or gold.

[paydayloan]

I agree if bitcoin is said to be an asset because bitcoin can be an alternative to storing our wealth. In addition, bitcoin has a price increase every year, even though it's only saved.

[Oduvan]

In the format we are now seeing, Bitcoin is not able to cope with so many transactions to become a currency, especially considering its volatility, it really became an asset, not a currency!

[Zein_Grind666]

I think Bitcoin should indeed be the currency for online payments. But in this case, the community and bitcoin holders have problems in government and state regulations. Most countries have banned bitcoin from being a payment transaction tool, so many stores and companies no longer accept bitcoin because of government regulations.

[bdsharminsoltana]

It's now clear I think that bitcoin is no longer just a thing that exist or an actual asset that can fill up your Assets and Liabilities. And that's the actual truth. Well, I think the title is not right. Be specific on the title, you included that this occurred in South Korea. And be clear stating that the body you included is straightforward on your title.

[yousufatik20]

A currency is used for trading and purchasing goods. Bitcoin can be considered as an asset. How many people actually uses Bitcoin to purchase goods? Bitcoin has mostly just become an investment option and it isn't wrong to classify it as an asset. I doubt South Korea's adoption is all that high to classify it as a currency anyways.

[Kusuma]

I think you don't need to worry about that, bitcoin has many benefits, bitcoin is a crypto currency that has other benefits as an asset, it must be proud of because the usefulness of bitcoin will bring bitcoin to greater and more popular.

[sola]

One major implication of this classification is that digital currencies like bitcoin could become subject to capital gains tax. While this may be unwelcome news to many in the digital currency community, it is not likely to be particularly surprising. After all, countries are more and more likely to classify cryptocurrencies as assets at this stage.

[vegasus]

I think it's true, Bitcoin is the future currency that can be used for transactions. bitcoin is also a good and reliable investment field for everyone. If anyone calls it Bitcoin is an asset, for me it's true, because Bitcoin is a future investment field. So investors also have the right to call it that way even though Bitcoin is more likely to be called future currency and profitable transactions in it.

[Raboni]

In my opinion it is always possible to be an asset or currency or both because bitcoin can make everything possible in business promotion and doing something new to attract more investors. Who knows the the exact future of bitcoin? None

[Sabarhati]

bitcoin is very good if it is used as an asset, trust in bitcoin can benefit quite a lot, bitcoin can also be used as a currency, but so far the majority has not wanted to use it as a currency

[golden75]

Hello People, I have read hundreds of bitcoin articles, I think people are still confused about bitcoin as future property. 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.

What do you think?

Yes I agree mate. Bitcoin become an asset. It is good for long term investment. It is more popular than other , I enjoy with bitcoin

[Contagem]

Bitcoin initially positioned itself as a currency, but with the growth of value, many people saw in it a tool for investment. Now Bitcoin is an exchange asset for trading and investing, but some online stores accept Bitcoin as a payment, so at this stage of Bitcoin’s existence, it’s hard to say for sure that Bitcoin is there because it is used in different areas. Perhaps in the future it will be used in the capacity in which it was conceived - as a currency.