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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. Commodities however are generally tangible consumable goods. 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. IMO Bitcoin itself is an intangible asset.


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Bitcoin has no inherent value whatsoever. It is not backed by any assets. It is not accepted as legal tender by any government. The notice provides that virtual currency is treated. In its notice the IRS said bitcoin would be treated much like stock or other intangible property. IMO Bitcoin itself is an intangible asset.

Outside of the US the treatment of digital assets varies substantially.

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


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Bitcoin has no inherent value whatsoever. 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. It is not backed by any assets. The notice provides that virtual currency is treated.

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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. The notice provides that virtual currency is treated. In its notice the IRS said bitcoin would be treated much like stock or other intangible property.

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IMO Bitcoin itself is an intangible asset. In its notice the IRS said bitcoin would be treated much like stock or other intangible property. 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.

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It does not represent a claim on either tangible or intangible. It is not backed by any assets. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. Bitcoin has no inherent value whatsoever. It does not represent a claim on either tangible or intangible.

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Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. Commodities however are generally tangible consumable goods. Bitcoin has no inherent value whatsoever. It does not represent a claim on either tangible or intangible.

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It is not accepted as legal tender by any government. IMO Bitcoin itself is an intangible asset. The notice provides that virtual currency is treated. Commodities however are generally tangible consumable goods. Bitcoin has no inherent value whatsoever.

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But the network itself as a distributed computer network with nodes operating on it all around the world is a tangible 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. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin. It does not represent a claim on either tangible or intangible.

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The notice provides that virtual currency is treated. In its notice the IRS said bitcoin would be treated much like stock or other intangible property. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. 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.

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IMO Bitcoin itself is an intangible asset. Commodities however are generally tangible consumable goods. 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 does not represent a claim on either tangible or intangible.

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Outside of the US the treatment of digital assets varies substantially. Commodities however are generally tangible consumable goods. But the network itself as a distributed computer network with nodes operating on it all around the world is a tangible asset. IMO Bitcoin itself is an intangible asset. Bitcoin has no inherent value whatsoever.

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It does not represent a claim on either tangible or intangible. Commodities however are generally tangible consumable goods. It is not accepted as legal tender by any government. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. It is not backed by any assets.


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