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Bitcoin is tangible or intangible

Written by Bella Oct 07, 2021 · 6 min read
Bitcoin is tangible or intangible

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It is not accepted as legal tender by any government. 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. But the network itself as a distributed computer network with nodes operating on it all around the world is a tangible asset.

Bitcoin Is 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. 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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Outside of the US the treatment of digital assets varies substantially. 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. 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 accepted as legal tender by any government. Bitcoin has no inherent value whatsoever.

It is not backed by any assets.

Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets. It is not backed by any assets. 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. 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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Bitcoin has no inherent value whatsoever. It is not backed by any assets. It is not accepted as legal tender by any government. In its notice the IRS said bitcoin would be treated much like stock or other intangible property. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets.

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IMO Bitcoin itself is an intangible 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. Outside of the US the treatment of digital assets varies substantially. 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. It is not accepted as legal tender by any government. 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. IMO Bitcoin itself is an intangible asset.

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Commodities however are generally tangible consumable goods. IMO Bitcoin itself is an intangible asset. 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. Commodities however are generally tangible consumable goods.

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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. Outside of the US the treatment of digital assets varies substantially. Commodities however are generally tangible consumable goods. If bitcoins are not legal interests but are nevertheless traded for profit perhaps they are commodities.

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

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It does not represent a claim on either tangible or intangible. Commodities however are generally tangible consumable goods. 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. 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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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. 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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The notice provides that virtual currency is treated. It is not accepted as legal tender by any government. IMO Bitcoin itself is an intangible asset. Bitcoin has no inherent value whatsoever. 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. 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 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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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. It is not accepted as legal tender by any government. It does not represent a claim on either tangible or intangible. It is not backed by any assets.

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