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Bitcoin is tangible or intangible

Written by Nihongo Oct 04, 2021 · 6 min read
Bitcoin is tangible or intangible

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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. 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. Commodities however are generally tangible consumable goods.

Bitcoin Is Tangible Or Intangible. IMO Bitcoin itself is an intangible asset. 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. Bitcoin has no inherent value whatsoever.


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The notice provides that virtual currency is treated. 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. Bitcoin has no inherent value whatsoever. It does not represent a claim on either tangible or intangible.

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. Bitcoin has no inherent value whatsoever. 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. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. The notice provides that virtual currency is treated.


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Outside of the US the treatment of digital assets varies substantially. Bitcoin has no inherent value whatsoever. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible 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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Bitcoin has no inherent value whatsoever. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. Commodities however are generally tangible consumable goods. Bitcoin has no inherent value whatsoever. IMO Bitcoin itself is an intangible asset.

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The notice provides that virtual currency is treated. It is not accepted as legal tender by any government. 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. It does not represent a claim on either tangible or intangible.

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In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin. 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. Outside of the US the treatment of digital assets varies substantially.

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The notice provides that virtual currency is treated. 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. 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.

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Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible 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 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.

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The notice provides that virtual currency is treated. 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. 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.

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Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. 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. The notice provides that virtual currency is treated. It is not backed by any assets.

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Commodities however are generally tangible consumable goods. The notice provides that virtual currency is treated. 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. In contrast bitcoins are intangible and as a general matter they have no use other than as a bitcoin.

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If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities. 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. In its notice the IRS said bitcoin would be treated much like stock or other intangible property.

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The notice provides that virtual currency is treated. Outside of the US the treatment of digital assets varies substantially. Bitcoin has no inherent value whatsoever. It is not accepted as legal tender by any government. Commodities however are generally tangible consumable goods.

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