4 ms·
The asset concept is interesting. If you introduce taxes into the mix then you will also need to value your asset. If you sell your asset then you need to recor
by anonu 9y ago
The asset concept is interesting. If you introduce taxes into the mix then you will also need to value your asset. If you sell your asset then you need to record a fair value price for which you bought it and when... that way you can record a short or long term capital gain. The problem with digital assets is that you can easily copy them. So what does it mean to sell an asset which you actually still own/have a copy of. Its a bit tough to conceptualize - but I think there's something there... requires a bit more brainstorming.
- saimiam 9y ago> actually still own/have a copy of Record companies forced plenty of DRM related BS down our throats to drag us into a "license not own" rental model. I suggest we return the favor.
- tarsinge 9y ago> So what does it mean to sell an asset which you actually still own/have a copy of Yet we manage to sell IP (or just some intangible right to use it)