Replying to Avatar HyperTangled

True yes, but but it's no longer an asset in the way that, people store their wealth in those as a store of value. That will no longer be a thing.
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MAHDOOD 1y ago

I get what you’re saying. It will be the ultimate asset but not the only asset. If you’re a salon, then your assets will be the tools you use for work. Scissors, irons, shampoos, etc. If the business struggles or fails, those things will be sold off to repay any debts.

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HyperTangled 1y ago

Ok, from from this perspective I agree. 🤙

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HyperTangled 1y ago

On a bitcoin standard, those would be considered liabilities tho? Doesn't that make more sense?

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MAHDOOD 1y ago

No liabilities would be unpaid debts like a building lease