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Bitcoin is tangible or intangible

Written by Alice Oct 14, 2021 · 6 min read
Bitcoin is tangible or intangible

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

Bitcoin Is Tangible Or Intangible. The notice provides that virtual currency is treated. IMO Bitcoin itself is an intangible asset. It is not backed by any assets. In its notice the IRS said bitcoin would be treated much like stock or other intangible property.


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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. 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. Commodities however are generally tangible consumable goods. Bitcoin has no inherent value whatsoever.

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. Outside of the US the treatment of digital assets varies substantially. It is not backed by any assets. 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.


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The notice provides that virtual currency is treated. Commodities however are generally tangible consumable goods. It is not accepted as legal tender by any government. Bitcoin has no inherent value whatsoever. The notice provides that virtual currency is treated.

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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. It does not represent a claim on either tangible or intangible. 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 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. 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. 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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In its notice the IRS said bitcoin would be treated much like stock or other intangible property. It is not backed by any assets. 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. 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. 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. IMO Bitcoin itself is an intangible asset. Accounting under International Financial Reporting Standards IFRS may similarly view digital assets like bitcoin as intangible assets.

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

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

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It is not backed by any assets. 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. Bitcoin has no inherent value whatsoever. It is not accepted as legal tender by any government.

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IMO Bitcoin itself is an intangible asset. It is not accepted as legal tender by any government. It does not represent a claim on either tangible or intangible. Commodities however are generally tangible consumable goods. IMO Bitcoin itself is an intangible asset.

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