Bitcoin Forum

There's an ongoing debate in and outside of Bitcoin community regarding the economic nature of Bitcoin: is it a currency or an asset, a store of value, settlement layer and so on. The situation with ETF's also sparked some debates, as some argue that ETF's are bad and Bitcoin should stick to its cypherpunk roots and ignore the mainstream.

I think all sides kinda miss the point of Bitcoin. Bitcoin was created so people can send coins directly to others, without any mandatory middleman. Therefore, every use case is as legit as any other use case, it doesn't violate the freedom of any other user of the network. It doesn't even matter if Satoshi wanted Bitcoin to be a decentralized currency that will kill banks, because one of the principles of Bitcoin is censorship resistance, so if some people want to use centralized services, want regulated environments, speculation and so on, it's their right. All those things have no effect on people who want to use Bitcoin as an alternative currency.

So, I think there is no single answer to whether Bitcoin is an asset or a currency, everyone decides for themselves, because freedom is the ultimate point of Bitcoin.

The recent network is full of currency or asset discussion, and I think this is not the most important thing at this stage. Perhaps it is our primary task to make bitcoin more valuable, and we should put more energy into our community construction.

You have a point there but if Bitcoin losses its value, it will neither be an asset or a currency. I think the purpose of those issues with SEC is not to make Bitcoin centralized but to help it to stop market manipulation and scams. If you are a whale in cryptocurrency, it is very easy for you to control the market. Maybe that is one of the reasons why there are lots of debates regarding Bitcoin and its decentralization.

Some interesting things going on here!!

I'm not entirely sold on the idea that the price is only moved by the whales and every big movement is a part of their schemes. The market is simply volatile, immature and speculative, relevant news can move it greatly in short term. It's easy to blame some mysterious whales, but really you should be blaming your average trader who tries to make a profit or a noob who panic buys/sells. I don't doubt that whales exist and try to manipulate the market, but I think their influence is exaggerated.

But this state can't last forever, eventually Bitcoin will stabilize on its own, regardless if there will be regulations or not. At that point Bitcoin's value will be mostly based on it's usefulness.

I think the correct term about this issue is not bitcoin as a currency or as an asset, but bitcoin as a store of value or a medium of exchange. Let's take a look at the history of gold. Before people use gold more as a store of value, people use gold as a medium of exchange. People used to buy things with raw gold and then gold coin. So we are certain that we can use gold anytime to buy anything, therefore it's safe to store it.

The problem with bitcoin is that people try to store (hold) it before it becomes widely used as a medium of exchange. It just doesn't make sense to think that bitcoin can be valuable when only a small percentage of people use it. Yes it's rare, but some baseball card is also rare. Some might want to buy that rare baseball card, but not me.

Anyone is free to choose in whatever they want to do with their coins. There are no written restrictions on what things could you use your bitcoins to, or to what purpose would you want your bitcoins serve. There shouldn't be a community divide on that as bitcoin excels as a currency and as an investment. Those questioning are the ones who haven't used bitcoin as both, thus picking sides on the only thing others should use their coins. Freedom is what separates bitcoin from fiat, so there shouldn't be anything to question about someone's preference on where they should use their cryptos.

Yes everyone is free to use bitcoin as they want because there is no restrictions. It just a matter on how you handle or manage your bitcoin in order to get high profit. It can also be use as mode of payment and as investment.

I think itvis free for all. Bitcoin has no requirements to be used upon any individual in a different continent of the world. Anyone can use it without any hesitation even scammers and terrorist can also use it for their own way of understanding crypto. So then no doubt about it bitcoin is for all kinds of people around the globe we are all free to use it.

Yes I agree on that I believe that it is for all types of kinds of people around the globe we are all free to use it because no company or institution that hold or manage bitcoin. And we don't have any requirement on using it we only need a si.ple investment to use bitcoin for gaining purpose. So I think it is for all.

I totally agree, bitcoin was created to make our lives easier and we can have the freedom to used it, it makes the transaction become more transparent, bitcoin was created to become a currency that can be used in all over the world, it doesn't matter whether the person want to store it as an asset or currency, the most important is they not used it for bad things

Yes, bitcoin is decentralized, it means freedom. You can use it as a currency or as an asset.
Because bitcoin price is expensive, peoples tend to use it as an asset to save. And the volatile price make us hard to use it as a currency.

Yes, as I all say is free to use bitcoin many sites how to bitcoin and many crypto currencies and data exchanges you can go to so you bitcoin so I can say that anybody is free to bitcoin.

There are no restrictions. It only depends how you handle your bitcoin.

in my opinion the "debate" is not about what people want and what is their right. but it is about what majority of them are focusing on these days. and sadly what they are focusing on is the "investment" part of bitcoin and how much money they can make with it and then with ETF they are also focusing on bringing in all that centralization into bitcoin. that can not be always good and also it can not end well if people start forgetting that bitcoin is this decentralized currency that they are responsible for and should contribute like by running a node,... and they seem to be forgetting that.
and i don't think it is a bad thing to remind them about what bitcoin really is and what it was designed to it from time to time so that they are not completely lost because of focusing on SEC decision for example!

"A major determinant of the ‘fundamental’ value of bitcoin is whether it will be widely adopted," says Kets. "Once bitcoins become ‘too valuable’, either substitutes will be created or people will stop using it for transactions and instead will hoard it, rendering it useless as a currency."

It's okay to try to educate people about Bitcoin's roots, but you shouldn't pressure them into being cypherpunk, hating banks, governments, regulations, because I don't think that those things will make Bitcoin centralized. I think the beauty of Bitcoin is that the protocol doesn't care how it's being used, it will work and be decentralized even if governments will try to regulate it. The only requirement is that no one try to change the network rules to something centralized.

This is true but you can not already say the things like that in India and in the country is he who would decide to put cryptocurrency under regulations and ban. So you are free but it is conditionally.

Of course you can do what you want with your bitcoin. Aren’t we doing it now with our money/cash? We either spend it, or invest it in bonds or stocks. Same scenario, right?

Exactly! I agree with you!
I think people no longer need to debate whether bitcoin is an asset or a currency.
Everyone has the right to determine what they want for their bitcoin because bitcoin is financial freedom.

Yes that is definitely true that all of the people that is already been part of the crypto currency revolution is all free to use Bitcoin as they want, and I am one of those people that already been using Bitcoin to the different ways I want to. Bitcoin is a great crypto currency that is why I am one of those proud Bitcoin and crypto currency users. I hope that the community of the Bitcoin will keep on its grow.

Bitcoin is considered one of the most liquid asset classes in the financial market by global Bitcoin exchange systems, trading platforms, and brokers.
Bitcoin users can easily exchange Bitcoin for cash or gold or other electronic money instantly, at low cost. That's why you should invest

Yes everyone is free to use bitcoin as they want. There are so many people that working here even they are not in their legal age because there is no verification here.

there are several countries that do not legalize the existence of Bitcoin
but I think the population can still use Bitcoin, but in large amounts
as long as they are careful when they do KYC, I suggest choosing the right choice and not risky in your knowledge of the BTC game by the government

Definitely yes.I agree.Bitcoin is not limited to few people.It is for everyone.So better start investing bitcoin now and you will see what difference it make in your finances.

Right, it's up to how you want to use bitcoin.  I can use bitcoin as a payment tool and also as an investment, depending on my needs. And I think I'm free to use my bitcoin. So, I agree with your opinion.

Agreed, I like the concept that is in bitcoin. All the concepts that exist strongly refer to freedom, there is no one who regulates bitcoin should be like this and bitcoin should be like that. The concept of bitcoin continues to flow depending on most users who use it. In the first time I'm sure satoshi will make bitcoin is for the payment system, but now more people use it as an investment place, once again,there is no one party that makes many people use bitcoin as an investment place. So, this is way will make me stay in this place whatever will happen.

Yes after all goverment role in cryptocurrency is important, We are not free if they do ban and make it hard to using cryptocurrency for transactions. I believe ETF would be the first step for cryptocurrency to grow, its true ETF make bitcoin seems like a asset then currency but if its help bitcoin to grow and also help development of cryptocurrency then its good. We need more things that can support cryptocurrency from goverment.

We have the same opinion about it, it is a matter of choice for the holder if someone want's to treat it as a gold then let them. All of us has different opinion's and techniques on handling anything, some of us do trading some hold and some want's to use it as a mode of payment.

We can never force anyone to just hold or trade or use it to pay bills, they have their own set of mind on how they will use it for their own.

You are right there is no restrictions how we use our bitcoin but we need to think if it useful or not. For me I used my bitcoin in important and valueble things, I used it to my investment in bitcoin and to help my family needs.

obviously! but they are not free to disturb everything else because they are using bitcoin as they want. for example the weak hands that have been feeding the whales and panic selling and FOMO buying bitcoin at every turn and increasing the volatility have been disturbing the market. they have been also preventing adoption of bitcoin as a currency because of the huge volatility that they cause. and a lot of other problems.

I agree with you mate, freedom is the amazing thing about bitcoin, but i feel that this 'freedom' is what most of all these haters of bitcoin including the government hate about it, and also they are scared of the fact that it could some day be preferred to the local currencies that they have full control of

yes and we are free also to hold it and should not use it instead. There are many reasons why we need to have bitcoin and as we all know that bitcoin could also be used as a medium of exchange for those establishment that will accept BTC or invest into an ICO project or exchange to altcoins which coin is use for the utilization of their product, goods and services that might be essential on  your daily life living. And yes we have to spend it wisely in accordance with our needs and not just that we must spend btc or the crypto we are holding.

This is a good argument for altcoins. Bitcoin can be regulated while other privacy coins can maintain their purpose for those who want true freedom. Bitcoin is global and can be whatever the user wants it to be

Actually, there are a huge of people really wants and love bitcoin because of one big reason and that is in this system everyone has a freedom. A freedom in many things that one of the most important in all of us specially in those people that has a poor life of living. Bitcoin can be considered as a main secret remedy of people where in we will find our freedom in regards in financial stability. In addition, we all known that bitcoin system is made with the vision and mission of giving a much fastest, simplest,convenient and better ways of people in doing or making transactions and beside of it is the purpose of giving people a better ways to live with a much happiest and successful life in the future.    

Yes it is right and it has some positive and negative side also. General people use it and earn money for their future or support their family but the criminal use it for destructive purpose.

I think bitcoin is more valuable as an asset, this will not be affected by the legality of bitcoin in a country. but if bitcoin is used as a currency, there will definitely be a ban in countries that have not legalized bitcoin. . because we buy food with money, not with bitcoin.

This sounds exactly like the words of interventionists who say that they want to protect the market from speculators, irrational behavior, risks and so on. Are you suggesting that Bitcoin owners should be prohibited from selling their coins under certain circumstances? That would be not only immoral from ethical point of view and against Bitcoin's core principles, but also harmful to the ecosystem, because such blatant interventions always make things worse instead of fixing them.

yes,  we all have the freedom to use or stop using it.  As for someone who needs it,  it is also very helpful.  to generate income even if you are just at your home.

This is one of the most pleasant things, that you can beneficially have from the using bitcoin know that is good for us because we are the only who are using an old name that money and nobody can not put the hand in that understand :)

It is really true that everyone is free to use bitcoin as they want but, they are not free from the consequences. Bitcoin has its own rules and regulations and if you violate it, you will have a punishment for it depending on the action that you have done. Every users of bitcoin has the responsibility on every action that they will do.

Bitcoin is being used as an investment and at the same time mode of payment and transferring money to others all at the same time. You're on point that it is free to be used by anyone no matter how since doing that, bitcoin will flourish to others.

Bitcoin might have had a huge cypherpunk following in the early days, but the user demographic has changed a lot since then.

The Bitcoin scene has now been infiltrated by a lot of speculators, since 2016 onwards, because people have recognized it's

potential as a good Store of Value.   ;)

It does not matter why you use Bitcoin, just as long as you support it as a Currency or Commodity.  :P  If you want to be

rebellious, then you should use it to hedge against hyperinflation.  ;D

ah, what a great table topic here hatshespsut!urpass

The use of mandatory middleman and of course fiat money   explains a lot of how other crowdfunding was able to surpass our doubts and fears.

You see, with bitcoin's principle of resistance (how i feel we are inside the yellow bricks), anyone tasked to do something will remain loyal to his job to show how much the company means to us.

Well, right now, and for the foreseeable future, I think that Bitcoin would keep its value and keep on going further. It is just a good thing that turned out to be a good development that cryptocurrencies somewhat evolved to also be an investment medium and not just another plain currency. I think as more and more changes the cryptocurrency market would undergo, the more evolutions and uses as an asset it will gain.

Everyone is free but it is not so good because only for this reason criminal choose bitcoin and they commit their criminal deeds through bitcoin and affect it very badly.

It's true like that, as I want freedom in taking advantage of bitcoin and also the freedom to use it, no one is able to limit or control the use of bitcoin, maybe that's why bitcoin can have high popularity in the crypto world.

yeah, that's right with what you say.
there is no single reason for that, you can think of bitcoin as a currency or an asset, it's up to your personal opinion.

Well it's absolutely true, we can use bitcoin as we want but the fact that work is if we were a panic seller then the price will fall down it means all the long terms hodlers will be dissapointed.

Even though there are tons of argument about bitcoin, we cannot hide the facts that bitcoin influence is widespread all over the globe, more people are having a conclusions about it, and some of them are decided to invest in bitcoin. The most important things is, every one has allowed to use bitcoin as long as your government didnt banned bitcoin in your country. Theres a lot of opportunity in bitcoin so for me i dont wanna miss that opportunity again.

Everyone can own bitcoin depending on what way they used to have it. Bitcoin is free for everyone but only for those who want to take risk and having strong emotions to handle things. You can invest an trade to have something to use for payment. Bitcoin become acceptable everywhere and government should accepts it so that everyone can freely used it.

I agree with you, as long the consumer of bitcoin happy and get the benefit by using bitcoin, why not? we don't think about the purpose of the bitcoin, at the first time bitcoin is introduced for currency but right now bitcoin is used for trading and investing, but as long the investor and trader get benefit from bitcoin why not?

Absolutely yes.  Everyone is free to use bitcoin as they want because bitcoin is based on the decision of the investor,  whether it is an asset or currency. As a result of this,  I suggest everyone is free to use bitcoin as they want because bitcoin is financial freedom.

Everyone have right to use your bitcoin. For me I used my bitcoin to buy things that I really need in my daily life and also I spend it some of them to help my family needs. Most of my bitcoin I used to reinvest for my continuing earning of profit for my future.

Of course, just like real currency, it is also acting like a real money in this world and you can use it as much as you wanted to. It is YOUR OWN money. And by means of your money, you're the user of it.

the protocol behind the blockchain technology does not have any preferences and what or who it wishes to work with or not. it does not have respect for persons or locations or personality or skin colour or race. it only works as an independent system that only processes commands.

Bitcoins is an investment and it shoudln't be treated as such. If it was a form investment, satoshi would have made it clear in his whitepaper. Bitcoins is a peer to peer form of payment and if that become priority to users, the FUD will stop and people will use it as a form of payment that  it was meant for.

Yes, I think it has become the basic right of every individual who has a BTC, uses it according to their own desires, there is no limit or no one can ban, there are no written rules that are binding on how or for what BTTC is used, I feel legitimate if we want using it as a transaction tool, at least we can reduce the transaction costs by ourselves, or make BTC as an asset that can be used as an investment as our income in the long run, all choices go back to you, remember only you know what is best, use BTTC as wise as possible so you can get the perfect benefit from btc,

Yes,  everyone can used btc whenever we wanted.  We can used it as investment and used it in online payments.  Bitcoin is available anytime, we can buy it anytime.

I think it's not a problem if bitcoin can be used as both. bitcoin will not be as popular now if its users only use it for payment transactions. Bitcoin investment is an attraction that can increase the number of large investors in bitcoin, the price explosion in 2017 proved able to attract the interest of many people to enter the market.

I use my bitcoin in a right way. I use it to support my family for there needs and I support my siblings to finish there studies I want them to achieve there dreams. But some people use there bitcoin in illegal purposes I can't blame it's there decision.

I agree with you. There is no answer whether Bitcoin is a currency or an asset, because Bitcoin can be both. And every Bitcoin owner is free to determine what Bitcoin they have.

But you forgot that there are too many people actually damaging bitcoin becuase they just invest in here to make money, they are always speculating with the price

yes I think it all depends on the user itself

Actually it depends. In some countries BTC is legal & in some others it's not. As a result in the countries in which it is legal, people can easily use it the way they want. On the other hand, countries in which BTC is not legal are deprived of using it. Though the trem Crypto was invented to reduce the middle man interruption in a transaction & reducing transaction barriers , it's not at that point at this time. So, it's difficult to say that you are free to use Bitcoin as you want.

Bitcoin does not use fees as I thought! For transfer, we need fee, at this time, the fee is very good but still not suitable for daily use!

Bitcoin is the revolution of digital money, breaking the boundaries of traditional trading. Bitcoin is decentralized, transaction free through any intermediary, not subject to state taxes.

Bitcoin is a property, but not a currency. Virtual currencies such as bitcoin are assets but Bitcoin itself does not have the essential characteristics needed to be a currency that can meet the needs of modern economic development.

As for me as what i been thinking about bitcoin yes i must say that it is a currency because i can used bitcoin for buying anything for our daily life also i want it as a electronic money it can also be asset because you can used bitcoin to start up a business but it is more effective in its currency form bacause it can used in many aspects like buying,paying abd anything else.

I explicitly concur with that. Besides, I consider bitcoin as a multi-purpose built one and that what makes bitcoin fascinating for me. In fact, we have a right to choose what path we'll be taking towards bitcoin, as long as it won't be done into any illegal transactions.

That's why bitcoin can't be controlled by any third party. Every single user can use it as they want, from giving charity even for criminal action. Indeed this is how bitcoin was created from the start, for unlimited freedom and its nature decreases to his altcoin.

Exactly, your success is in your hands, you have a big responsibility to handle your money, /coins,,, bitcoin is absolutely a freedom,, no governments,,, you have to manage your own central bank,,,

right, whole ETF thing is funny but understandable. People know it can significantly increase the bitcoin price in short term, while I don't believe it will really matter in a long run

I agree with you, bitcoin is for everyone whether they used it as a payment system to buy things & products or as an asset and an investment where they can earn huge profits from it. In my country, it is not yet widely accepted to stores and other institutions, i just treated as an investment for my brighter future.

If we want BTC to be of values whether as a store of value, asset or currency, it can't ignore the mainstream of standard organizations such as ETF, this is just the fact. Decentralization is not to the extent of approval. If actually we want masses recognizing BTC.

It can be true indeed but we are free only in that boundaries that world is allowing us to, so I'm not free to go to the store and buy bread buy my Bitcoin, until they will go and make it happen.

Of course yet. Everyone is free to use bitcoin as they want and not under any control. In my country,  bitcoin has not officially been accepted to pay tuition in institution but I believe bitcoin will surely get there because now people are knowing the essence of it.

bitcoin will be more worth when it use case in mainstream and this is going to happen soon as now almost a big community of world know about it and now big projects are coming forward to mainstream it like PundiX to use it in daily life which will make its use more and more and hence we will see more exposure and more money flowing in.

It's  free economy , no one can force anybody to do something specific. Yes, it is true that bitcoin supposed to be a currency but due to high demand it became a asset. It is a investment tool as like gold.

Yes ofcourse everyone is free to use Bitcoin as they want; trade, hodl, spend etc. That means bitcoin was the answer and we got it now thankfully.. Unfortunately you can use Bitcoin in bad ways too :/ I wish all the scammer goes away and we live cryptos cleanly..  

Everyone can use bitcoin on what want. They can use Bitcoin for what they wish to: paying for purchases, buying a car or a motorbike if they're going to, only the payee accepts your form of payment given. I saw a video about using Bitcoin to live for a day, and they did not have too much trouble so you can use Bitcoin freely.

Oh well, it means that there's always two sides on a coin. Obviously, we can do whatever we want with our coins, however, we should be intelligent enough on how we are going to spend it. Are we going to used it for gambling or would rather hold on it for a long time? And as far as scammers, I'm sorry but they won't simply go away, I don't know how to say it, but it looks like crypto has becoming the bread and butter and becoming the milking ground for scammers.

The value of bitcoin as an asset is in the fact that it can be used as a currency. Bitcoin is taking its first steps in the world, that's why it's used mainly for investing. But in the near future it will become a normal means of payment. That's why we're here. We don't need bitcoin as an asset only, do we?

Of course, for calculation, bitcoin would be ideal. Where to put it, it will already depend on the decision of the owner of the crypto currency.

# support SecureCryptoPayments

Yes bitcoin is free to use by anyone as long they know how it works and its process because to those who don't have knowledge it is not easy to use it. They can use it as mode of payments, money transfer, investment, extra income and other thing. Its up to us how we use it.

in my opinion, bitcoin is better as an asset, because if it is considered a currency, the price is not fixed one day makes people think it's a price game, but if bitcoin is an asset just like gold, because the price changes, and the excess of bitcoin is a transaction fast

So you guys are OK with Bitcoin advantages, preach BTC and consider it your investment but disagree with investment taxes, regulations, etc. You're funny. How comes? You get what you paid for, don't you know the adage saying "who sows wind reaps storm"

Bitcoin can be an asset to you or something else that you may consider bwcause Bitcoin always depend on those people who are working on it. Either it is their way on how to live or how they work on it to become valuable. We are living mostly in a democratic country in where its up to us on how to handle things.

Everyone of us can use bitcoin,it has many uses that can we use on it,payment method  the most important thing we need ,no hassel to pay in any remittances,transferring money and it can be our source of income or part time job.

But rightw now, the condition is not same anymore. too much FUD from them that try to divide the community. making a bad news and fake TA that would bring a big mass panic which ofc this impact would back to them itself

As of the moment, Bitcoin is not yet fully regulated in most of the countries in the world that is why every one can avail and use it without restriction. As a booming digital market industry many economist are already eyeing on this. Probably, in the near future restrictions will be set by the government.

Bitcoin can be considered as an asset or a digital currency depending on how the user/owner make good use of it. As a digital currency, you can easily buy whatever you want to buy with bitcoin at accepted stores or various business transaction.

Absolutely yes, everyone can use bitcoin. No one was prohibited to use it. As long as they want to use it, they can do it. They can sell it, they can use to buy it, anytime they can dispose it.

I agree ! everyone is free to use bitcoin as they want, because there are no rules that require bitcoin to be used for certain things.
Bitcoin can be used as a tool for buying and selling goods, hotels, airplane ticket payments and others while there are facilities that can use bitcoin.

Yeah, bitcoin is free for everyone. And people are free to create an account easily and they can also easily transfer coins or doing other transactions here. It is a new way of the impact technology improvement. Some say that it is a assets, investment and so on. What ever they define bitcoin, the most important is bitcoin can be a source of income. 

Yes, because bitcoin is an asset and at the same time like a currency because it has a digital value equivalent for USD, but as of today we cannot easily direct use bitcoin to buy good on any establishment because still limited numbers of  establishment adapting on it, but we can use by converting first into fiat for our local money but you should observed the market situation that its not good to sell bitcoin on this dip.

Yes but as long as it's for legal purposes. Bitcoin should be used to purchase good and services that we need in our lives and I hope that it won't be abused to pay a hitman because I feel that it's industry would be in demand because of cryptocurrencies. The message should be that everyone is free to use bitcoin for legal activities.

Of course, everyone can free to use bitcoin as they want but not in illegal way, always remember we must use bitcoin in legal ways so that we can get benefits from it. We shouldn't imitate people who are doing bad things just to cheat other people. Make good things anytime and anywhere.

sorry I missed your comment.
I don't say "prohibited" but more like guided or educated. and it is not just selling but also buying.

for example I always tell everyone not to sell AFTER the price has dropped down. if they wanted to sell then they should have sold when the drop was starting and price was still high. but after it has dropped for example 10%, or specially the iconic 30% drops of last year, it is already too late but many of them don't listen. what they do is that they sell at the bottom after a huge loss and increase the volatility then since price recovers right after they sold they FOMO buy back at a higher price increasing the volatility even more.

this market is still young and filled with whales with experience and lots of lambs who are losing money.
not that this has nothing to do with bitcoin and its core principles, it is about the market and price and not giving your money to the manipulators.

I definitely agree with saying that freedom is the ultimate point of Bitcoin. But today Bitcoin is more asset, then a currency, because of high transaction fee and volatility. Lightning technology can change this situation.

Yeah it is true what you say if no one can prevent us from using bitcoin for anything. Everyone is free to use bitcoin for whatever they want. That is the advantage of a decentralized system because all the controls and monitor are in our own hands as owners of bitcoin. So that for whatever reason there is actually no official party that can ban someone from transacting with bitcoin, either for positive transactions or negative transactions. That is a bit of my idea.

And that's what crypto is about: the freedom to  choose.

Yes, everyone is free to use Bitcoin as they want, and it is linked to its decentralized nature.

That is a big advantage as an asset, especially in a crisis era.

Bitcoin is free to all use because bitcoin is a on-going activity that rise up and users gain and being there job to invest or trade.Free for all who want to earn.

A well written article. People should understand that Bitcoin means different thing to different people depending on they use and the best part is that people can decide for themselves what they want to use it for.

Sure, educating is a good thing, but you can't change everyone's mind. These newbie investors are very emotional, inexperienced and lack technical knowledge, they are constantly scared that Bitcoin will go to zero. It's just a natural part of free, unregulated, volatile and immature market. I think in the end Bitcoin will become very strong when people will see how it survived many crashes, being declared dead hundreds of time and being criticized by people like Bill Gates and Warren Buffet. It's like a vaccine, at some point in the future FUD will become useless and volatility will decrease.

people have different perception about bitcoin, that is what means freedom. but as a currency  i agree with you. high transaction fee and volatily can solved too. but i think people already not really concerned with that

whether you choose to invest in bitcoin project or HODL depends on you. You can weigh the two sides and choose whatever will favour you. Bircoin is good.

I just don't understand what's the use of having a debate regarding the economic nature of Bitcoin? I believe, the best thing about Btc is your freedom, so you are free to use Bitcoin as you want. That's the point ;)

Bitcoin is money as we all know and money answers all things and we all need money for one or two reasons so whether it has a wrong or bad intentions or not its money everyone is free to use bitcoin as they want thanks

Bitcoin is free for everyone to learn about it and start earning on their own strategy. No one can control you doing things but you have to be careful. You have to understand the market. Bitcoin is good to have whether you used it as payment or an investment to get good profit as the price goes down which is good to buy more volume of bitcoin.

You can see that the market is fluctuating continuously and is in the downtrend stage, the bitcoin and altcoin prices are constantly decreasing, transactions are increasingly difficult, so I think the transaction fee will be pushed up. This means that you can earn more profit for the owners of the exchanges, compensating for losses from the market.

As we all know that bitcoin is a decentralised crypto currency and there is no such authentic regulating body over the bitcoin who could keep eyes over all the bitcoin activities so this decentralisation is almost responsible for like all the controversies related with bitcoin like its legalisation and its illegal use but since it is decentralised, no country has the right to ban it and cannot stop its people from using it, country can ban its people tu se domestic exchanges but still their citizens can transact through international exchanges.

"Freedom is the ultimate point of Bitcoin". I think i'm totally agree with your statement. I don't understand why people keep on debating which one is better for bitcoin to be a currency or to be an assets for investment, while in reality, bitcoin is equally both for that two function. At the end of the day, the usage of bitcoin is depending on how we gonna use it.

Bitcoin is free to all use because bitcoin is a on-going activity that rise up and users gain and being there job to invest or trade.Free for all who want to earn.I totally agree, bitcoin was created to make our lives easier and we can have the freedom to used it, it makes the transaction become more transparent, bitcoin was created to become a currency that can be used in all over the world.

Bitcoin is a decentralized technology so I agree that Bitcoin should be use as whatever the person wants it to use. It's either a currency or an asset as people would like to refer. It could be classified as a currency because you could buy goods using Bitcoin or even pay the bills. Or you could refer to it as an asset because you hold it to profit. It depends.

Like Satoshi Nakamoto just created bitcoin and gave us a guideline. Then gave us the rein on what to do with his creation. However bitcoin will eventually be used, I'm still all in for it since it's the eventual future financially.

yes in my opinion using bitcoin is a very convenient way to make transactions, we are very free to conduct online transactions, there are no rules that can make it difficult for users whenever and wherever we are we can make payments. isn't that the way I am practical and very helpful in all businesses?

Bitcoin is already accepted as collateral in the US Federal Court
25-year-old Serbian-Italian citizen Martin Martiha was asked to pay a pledge in bitcoin (BTC) or any other cryptocurrency.
Marsih was arrested on August 8 on suspicion of hacking a video game company Redwood City Electronic Arts in San Francisco, California.

Indeed they are. Someone is allowed to deal with his or her bitcoin as he enjoys. Someone cannot choose for you how to spend your cash. For whatever length of time that you realize what you're doing and you are doing it appropriately. I think you've your future in your grasp

Yes!bitcoin is free,who wanted to be a user of bitcoin is available but sometimes other people dont believe on it.bitcoin is a very convenient online job that open to all people who wanted to be part of it especially to those who was none educated person that has knowledge and brain to understand what bitcoin means.maybe it is too long to wait for the results but in this kind of job,all we need is patient and trust.That is very important and most especially trust God in all the things we do.

I think bitcoin is not really something that is asset or currency. By all means, it can be a mode of exchange of golds and money. Also, I think bitcoin is made for us. So it's in our hands what we are going to do in bitcoin. But at the end of the day, let's be responsible of our actions and let's be wise in our decisions.

I wonder why people really like to care about what other people do. Bitcoin being an asset or a currency depend on who had it, so just mind about yourself, it's good to give advice, but don't force other people to follow your advice.

That is just the simple truth. Bitcoin is for freedom given to the ordinary citizen and empowerment implement to him. Bitcoin being taken as an asset is the argument of the state so that it can derive tax from all billions of bitcoin transaction world wide. Bitcoin is decentralized digital money where P2P can be easily achieved with out the third party. 

Yes I agree with your opinion , we all  free to use bitcoin coz they're  many sites how to work in bitcoin and many crypto currencies and data exchanges  to used it so I can say that anybody or everyone  is free to use bitcoin they want.

Bitcoin is really made for us. Satoshi nakamoto created bitcoin for us to be free from the controlled of banks and governments. Bitcoin is created to be a currency used for payment, but as what we can see, because of its volatility, its best used is for investments. We cant stop people from using bitcoin in bad things, because its their bitcoin. Because its depends on you, on what will you do to your bitcoin.

Yes everyone is free to use bitcoin as they want because here in bitcoin everyone is welcome and it is also welcome here for the people that wanted only to earn.

For me,this is the time for bitcoin and all the alternative coins to be in mainstream as from this the whole world might accept and adapt the cryptocurrency.and i know that if ETF becomes successful,the whole crypto community will rejoice and becomes more even useful to the who universe

Everyone is free to use Bitcoin that they have. Bitcoin can be viewed as a kind of asset that individuals must work hard to get it. Currently, it is not easy to obtain Bitcoin. With the Bitcoin we own, we can do everything we want. Bitcoin is great for use by good security and anonymity. Many people are looking to own Bitcoin.

BTC itself is more if an asset than currency in its properties and market evaluation but other alts that complement the limits of BTC can better be used as currency.

Yes everyone is free to use bitcoin as they want because the security here is not so secured. Actually making an account here is easy you just need to follow all the steps that they need and you can start working here.

ETF is an important for bitcoin, if bitcoin pass the ETF i believe many institution will using bitcoin as hadge fund, and this can boost the price to reach maybe 20-40k , everything need to regulated before massively adopted

Bitcoin was created so people can send coins directly to others, without any mandatory middleman. I agree with that, but lately i think governments are trying to change that in order to help banks they benefit from.
If Crypto kills the banks government will suffer huge loss. They cannot control crypto the way it was build so the their general idea is to regulate crypto they can benefit from crypto as well and have some kind of control as well.

I agree with you and yet I think that we should voice our opinions on what is going on. An ETF could hurt bitcoin long term. People letting centralized exchanges hold their keys can hurt the ecosystem.

There are no rules except for cryptography when it comes to bitcoin. And anyone who wants to use it for any reason should be able to. That doesn't mean we shouldn't go after bad or stupid people, nor does it mean that what's happening in the bitcoin ecosystem can't be bad for everyone.

Yes ... I am very happy for this ...
But I regret that my country (Vietnam) has issued a ban on using Bitcoin ....
There is such information but I'm not sure it is true ....

Yes every one is free to use bitcoin as he /she want, it  is a medium of exchange and nobody will make obstacle in its way as we are trading other thing and matters we are free to do the same things with bitcoin, this act will give boost to the market.

yes that's right, in my opinion all people who have bitcoin can spend as they wish. because bitcoin is now very famous for digital money. but it's better that some of our money be left to those in need. because our money is partly owned by those who need it. :)

Nobody owns bitcoin so everybody can buy it for use in transactions, trade or for long term investment. Everyone can call bitcoin an asset, a currency or what suit them but all I know is that the top coin is created for payment in any online transaction. But government may also impose some regulations in their country to prevent or stop some people in using the virtual coins on any illegal activities.

    Bitcoin is freedom that's why everyone is also free to use bitcoin as they want as long as they use it for good and not for illegal activities. Everyone can use it as investment or even a medium of exchange. No body can control your decision to use your bitcoin.

Bitcoin is for all it is for everyone who understand and wanted to earn on the crypto feild. Any kinds or status of people whether it is a bad or a good person everyone is free to use bitcoin for their own purpose of gaining. I believe that the fast growing economy of bitcoin is the result of its interesting and.frofutable features.

Every person have their own argument about bitcoin. In my opinion, bitcoin can be used as an asset and can used as currency. Its depending on government regulation i think, if regulated by government, i am believe merchant will accepting bitcoin as currency

I myself think that for a while we can call bitcoin an asset because we can use bitcoin as an alternative business which in the sense that it can generate profit or loss, if it is a currency it might still not.

Yes, you are right. I personally see bitcoin as an asset, not a currency. some very strong factors for my opinion are Bitcoin is fluctuating, has no price stability. other than that Bitcoin is produced through mining, like gold. but maybe your views are different and assume bitcoin is a currency, and it's free. because there are no rules. and in essence, bitcoin can be used for transactions easily and quickly.

Indeed, everyone can use bitcoin as they want. It is very useful in remittances in our country for fast money transfer internationally. And pay our bills in a convenient way. But doing it for a fraudulent act is a bad way of using it because this can make the integrity of bitcoin. So we should'nt do these crimes for the better feedbacks of the new comers that will use bitcoin in the near future.

No, your statement is wrong. Every business we live in has certain rules. let alone using bitcoin we cannot freely use bitcoin as we want bitcoin there are also rules. the rules that we must obey are not allowed to use bitcoin at will, such as: not having a double account, not being able to steal someone else's wallet, this also includes rules, so run it all according to its rules

Make bitcoin valuable so that it will not lose its value simple. There is manipulations happenings and also scams so i think it should be stop. And yes they can use bitcoin freely there is no rules to break. Asset or currency it is not important i guess. The more important is what are the factors to of cryptocurrency to be succesful and for me there are a few factors that are necessary for a cryptocurrency to be successful — low latency, universality, enhanced privacy, and a decentralized governance system.

Being decentralized in nature is what makes bitcoin free for everyone at everywhere to be able to use bitcoin. Once you understand the way and how to use bitcoin. Just go on and use it

At the moment mostly bitcoin is considered as an asset to speculate on based on its volatility. The initial aim is kind of faded away now it is considered as the money making tool which I am not against of as GOLD is also traded and it has its own use cases too. we will have to wait for the mass adoption to see bitcoins as a daily driver.

It isn't right for everybody, in my country, we are not allowed to pay local bills by bitcoin or cryptocurrency due to new government rules. I hope they will be open for cryptocurrency in near future.

The nature of Bitcoin allows it to be used in many ways, we have different profiles in the community, from traders, Bitcoin Maximalists, people who are more interested in the philosophy behind the project, there are those that are in the game to try to win the most money (fiat), those who want to use Bitcoin to pay for everyday things and who see in it a reserve of value.

I don't think everyone can feel that. there are some countries that make bitcoin illegal, I'm sure they can't use bitcoin freely. besides, we also cannot use bitcoin as a legitimate payment instrument.

Its a very good  point that freedom of use bitcoin. No one can go under any specially economic field. Bitcoin give this freedom on one need to go send or receive your bitcoin on middleman.