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Bitcoin is tangible or intangible

Written by Nihongo Sep 12, 2021 ยท 6 min read
Bitcoin is tangible or intangible

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Bitcoin Is Tangible Or Intangible. IMO Bitcoin itself is an intangible asset. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. It is not accepted as legal tender by any government. It is not backed by any assets.


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It does not represent a claim on either tangible or intangible. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin. But the network itself as a distributed computer network with nodes operating on it all around the world is a tangible asset. Commodities however are generally tangible consumable goods. It is not backed by any assets. IMO Bitcoin itself is an intangible asset.

In its notice the IRS said bitcoin would be treated much like stock or other intangible property.

In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin. It is not backed by any assets. Bitcoin has no inherent value whatsoever. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. It is not accepted as legal tender by any government. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin.


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Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. Commodities however are generally tangible consumable goods. Outside of the US the treatment of digital assets varies substantially. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. It does not represent a claim on either tangible or intangible.

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In its notice the IRS said bitcoin would be treated much like stock or other intangible property. Outside of the US the treatment of digital assets varies substantially. Bitcoin has no inherent value whatsoever. It is not backed by any assets. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities.

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In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin. The notice provides that virtual currency is treated. Bitcoin has no inherent value whatsoever. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. In its notice the IRS said bitcoin would be treated much like stock or other intangible property.

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In its notice the IRS said bitcoin would be treated much like stock or other intangible property. Outside of the US the treatment of digital assets varies substantially. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin. Commodities however are generally tangible consumable goods. Bitcoin has no inherent value whatsoever.

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The notice provides that virtual currency is treated. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. It does not represent a claim on either tangible or intangible. Commodities however are generally tangible consumable goods.

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It is not backed by any assets. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin. IMO Bitcoin itself is an intangible asset. It does not represent a claim on either tangible or intangible. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities.

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The notice provides that virtual currency is treated. Outside of the US the treatment of digital assets varies substantially. It is not backed by any assets. IMO Bitcoin itself is an intangible asset. It is not accepted as legal tender by any government.

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The notice provides that virtual currency is treated. But the network itself as a distributed computer network with nodes operating on it all around the world is a tangible asset. It is not accepted as legal tender by any government. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. The notice provides that virtual currency is treated.

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It is not accepted as legal tender by any government. Commodities however are generally tangible consumable goods. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. Bitcoin has no inherent value whatsoever. In its notice the IRS said bitcoin would be treated much like stock or other intangible property.

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Commodities however are generally tangible consumable goods. It is not backed by any assets. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. Outside of the US the treatment of digital assets varies substantially. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets.

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It does not represent a claim on either tangible or intangible. Bitcoin has no inherent value whatsoever. In its notice the IRS said bitcoin would be treated much like stock or other intangible property. It does not represent a claim on either tangible or intangible. But the network itself as a distributed computer network with nodes operating on it all around the world is a tangible asset.


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