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Bitcoin is tangible or intangible

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

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Bitcoin Is Tangible Or Intangible. Bitcoin has no inherent value whatsoever. IMO Bitcoin itself is an intangible asset. 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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In its notice the IRS said bitcoin would be treated much like stock or other intangible property. 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 does not represent a claim on either tangible or intangible. 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.

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. It is not backed by any assets. IMO Bitcoin itself is an intangible asset. Commodities however are generally tangible consumable goods. The notice provides that virtual currency is treated.


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IMO Bitcoin itself is an intangible asset. 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. 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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The notice provides that virtual currency is treated. It does not represent a claim on either tangible or intangible. 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.

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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. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin. Bitcoin has no inherent value whatsoever. It is not accepted as legal tender by any government.

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

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

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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. It is not backed by any assets. The notice provides that virtual currency is treated. 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. 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. It is not backed by any assets.

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Outside of the US the treatment of digital assets varies substantially. The notice provides that virtual currency is treated. 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 accepted as legal tender by any government.

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Bitcoin has no inherent value whatsoever. 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. 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.


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