If you need to sell something but don’t wanna sell your bitcoin, your car or home would work. So I still consider them assets haha

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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.

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.

Ok, from from this perspective I agree. 🤙

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

No liabilities would be unpaid debts like a building lease

I dont have a car and i dont have a house/appartment... my priorities are bitcoin rn. I do have a roof, dont worry.