What is an asset? Are cryptocurrencies assets?

ClubMan · 26 May 2025

Protocol said:
I am just interested that an asset can be created out of nothing.

Nothing but a lot of electricity?

Annieindublin · 26 May 2025

If you have it and someone else wants it it has value…

Intellectual property is an asset. Is that created from nothing?

Goodwill is an asset. The sort created when you sell a business

Intangible assets are assets

Fortune · 26 May 2025

Sister Sara said:
My favourite is the Irish £1punt

The note rather than the coin?

I still think we missed out by having the national emblem on the obverse of Irish Euro coins, rather than retaining the hare, salmon, etc.

Fortune · 26 May 2025

Annieindublin said:
Intangible assets are assets

I was hoping we'd get through this without having to refer to the various accounting standards; IAS 38 in this case.

Duke of Marmalade · 27 May 2025

ChatGPT on the OP question

What is an asset? Are cryptocurrencies assets?

ClubMan

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Duke of Marmalade

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What is an asset? Are cryptocurrencies assets?

ClubMan

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Annieindublin

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Fortune

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Duke of Marmalade

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