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A comment on BadEconomics: Putting $400M of Bitcoin on your company balance sheet. Parent comment

Re:BadEconomics: Putting $400M of Bitcoin on your company ba... by eli on Monday January 04, 2021 @11:31AM (#25633556)
It's a thing investors buy and sell but that also has other uses? So it's an asset.
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Re:BadEconomics: Putting $400M of Bitcoin on your company ba... by washedup on Monday January 04, 2021 @11:51AM (#25633929)
Anything that a person finds useful (or, more strictly, that a person can trade) can be an asset. Bitcoin is a new type of asset that has properties never seen before. That is what my point is, that they new properties are being discounted heavily by the author as they try to force it into a traditional asset to make a shaky comparison.
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Re:BadEconomics: Putting $400M of Bitcoin on your company ba... by eli on Monday January 04, 2021 @11:55AM (#25634004)
My point is that the new properties don't matter for this discussion.
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