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Bitcoin is tangible or intangible

Written by Alice Sep 10, 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. It is not backed by any assets. The notice provides that virtual currency is treated. Bitcoin has no inherent value whatsoever.


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It is not backed by any assets. It does not represent a claim on either tangible or intangible. In its notice the IRS said bitcoin would be treated much like stock or other intangible property. It is not accepted as legal tender by any government. Commodities however are generally tangible consumable goods. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets.

IMO Bitcoin itself is an intangible asset.

It is not accepted as legal tender by any government. IMO Bitcoin itself is an intangible asset. 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. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin.


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Outside of the US the treatment of digital assets varies substantially. It is not backed by any assets. 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. Bitcoin has no inherent value whatsoever.

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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. It is not backed by any assets. 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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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 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.

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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. But the network itself as a distributed computer network with nodes operating on it all around the world is a tangible asset. The notice provides that virtual currency is treated. Bitcoin has no inherent value whatsoever.

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

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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. The notice provides that virtual currency is treated. It is not backed by any assets. It is not accepted as legal tender by any government.

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Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. It is not accepted as legal tender by any government. It does not represent a claim on either tangible or intangible. Outside of the US the treatment of digital assets varies substantially. 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. In its notice the IRS said bitcoin would be treated much like stock or other intangible property. Bitcoin has no inherent value whatsoever. 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.

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Outside of the US the treatment of digital assets varies substantially. IMO Bitcoin itself is an intangible asset. 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. Bitcoin has no inherent value whatsoever.

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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. 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. It is not backed by any assets.


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