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Bitcoin is tangible or intangible

Written by Bella Oct 15, 2021 · 6 min read
Bitcoin is tangible or intangible

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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. IMO Bitcoin itself is an intangible asset. Commodities however are generally tangible consumable goods. The notice provides that virtual currency is treated.

Bitcoin Is Tangible Or Intangible. 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. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin.


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Bitcoin has no inherent value whatsoever. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. 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 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.

If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. Commodities however are generally tangible consumable goods. 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. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. IMO Bitcoin itself is an intangible asset.


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

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Bitcoin has no inherent value whatsoever. Bitcoin has no inherent value whatsoever. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. IMO Bitcoin itself is an intangible asset. Commodities however are generally tangible consumable goods.

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It does not represent a claim on either tangible or intangible. 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. Bitcoin has no inherent value whatsoever. Commodities however are generally tangible consumable goods.

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Outside of the US the treatment of digital assets varies substantially. It does not represent a claim on either tangible or intangible. IMO Bitcoin itself is an intangible asset. It is not backed by any assets. Commodities however are generally tangible consumable goods.

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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. 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.

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Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. 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. 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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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. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. Commodities however are generally tangible consumable goods. It is not backed by any assets.

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If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. 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. 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.

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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. IMO Bitcoin itself is an intangible asset. It does not represent a claim on either tangible or intangible.

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Bitcoin has no inherent value whatsoever. IMO Bitcoin itself is an intangible asset. 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. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin.

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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. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. Bitcoin has no inherent value whatsoever. 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.

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