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Bitcoin is tangible or intangible

Written by Nihongo Sep 17, 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. Outside of the US the treatment of digital assets varies substantially. It is not accepted as legal tender by any government. 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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Bitcoin has no inherent value whatsoever. The notice provides that virtual currency is treated. It is not accepted as legal tender by any government. In its notice the IRS said bitcoin would be treated much like stock or other intangible property. IMO Bitcoin itself is an intangible asset. 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. Bitcoin has no inherent value whatsoever. 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. 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.


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Commodities however are generally tangible consumable goods. 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. 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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In its notice the IRS said bitcoin would be treated much like stock or other intangible property. In its notice the IRS said bitcoin would be treated much like stock or other intangible property. Commodities however are generally tangible consumable goods. 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.

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In its notice the IRS said bitcoin would be treated much like stock or other intangible property. In its notice the IRS said bitcoin would be treated much like stock or other intangible property. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. It is not backed by any assets. Outside of the US the treatment of digital assets varies substantially.

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It is not backed by any assets. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. 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. In its notice the IRS said bitcoin would be treated much like stock or other intangible property.

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In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin. Outside of the US the treatment of digital assets varies substantially. The notice provides that virtual currency is treated. It does not represent a claim on either tangible or intangible. Commodities however are generally tangible consumable goods.

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Bitcoin has no inherent value whatsoever. 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. 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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The notice provides that virtual currency is treated. 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. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. IMO Bitcoin itself is an intangible asset.

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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. 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. It is not backed by any assets.

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It is not backed by any assets. 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. 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. It is not accepted as legal tender by any government. 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. It is not backed by any assets.

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In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin. 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. It is not backed by any assets. IMO Bitcoin itself is an intangible asset.


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