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Bitcoin is tangible or intangible

Written by Bella Sep 15, 2021 ยท 6 min read
Bitcoin is tangible or intangible

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Bitcoin Is Tangible Or Intangible. 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. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin. It is not accepted as legal tender by any government.


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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. Outside of the US the treatment of digital assets varies substantially. Bitcoin has no inherent value whatsoever. 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.

But the network itself as a distributed computer network with nodes operating on it all around the world is a tangible asset.

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


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IMO Bitcoin itself is an intangible asset. 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. 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. 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. 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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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. 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.

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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. 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. 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 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. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin.

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The notice provides that virtual currency is treated. 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. IMO Bitcoin itself is an intangible asset.

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

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IMO Bitcoin itself is an intangible asset. It is not accepted as legal tender by any government. 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. Bitcoin has no inherent value whatsoever.

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


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