10-28-2017: South Korea Considers Bitcoin a Commodity

in #bitcoin • 7 years ago

025.png

PayPal co-founder Peter Thiel believes that Bitcoin could be digital gold [1]. Warren Buffett commented on bitcoin being in a bubble “You can’t value bitcoin because it’s not a value-producing asset” [2]. In a CNBC interview Ethereum co-founder Joseph Lubin “it makes externalities tangible so you can trade them” [3]. There are now more than 120 hedge funds focused on bitcoin and digital currency with over $2.3 Billion in assets under management [4]. Central bank of South Korea announced that they would consider Bitcoin as a commodity rather than a currency [5].

Support Daily Crypto:
https://dailycrypto.io/support

See Full Post:
https://dailycrypto.io/2017/10/28/10-28-2017-south-korea-considers-bitcoin-a-commodity/

#cryptocurrencies #crypto #dailycrypto #news
7 years ago in #bitcoin by
$0.00
    3 votes
    Reply 0

    Coin Marketplace

    STEEM 0.16
    TRX 0.16
    JST 0.028
    BTC 74278.59
    ETH 2576.65
    USDT 1.00
    SBD 2.42