Bitcoin Forum

I know you must be wondering what's up with my topic right? I too was having a thought over this and I  felt I should bring it here for discussion so we all can share our own various opinions.

For quite sometime now all I have been seeing is statements and topics of bitcoin being an investment and it bothered me to look into it and I as well stand to be corrected logically and with facts with respect to this conversation.

The sole reason why bitcoin was invented was to serve the purpose of digital money for which it was clearly stated on the white paper by Satoshi Nakamoto as captured below by quote;

    Bitcoin White Paper (https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://bitcoin.org/bitcoin.pdf&ved=2ahUKEwjL5_fV-oeAAxWxUEEAHZvOArkQFnoECA4QAQ&usg=AOvVaw05-4mYD7EyyKjwcHh8i0Vw)
If you look at the top page of the while paper, it is clearly written there and there was no captions like investment  attached to it or being mentioned by Satoshi Nakamoto himself. Now I ask how come it deviated to being an investment?. I have read all through the white paper and never saw anything like investment but rather " an electronic peer 2 peer cash payment system" which means bitcoin is money but in a digital way of making payments. So how come it became an investment?

I believe in the course of adding more value to it's existence, whales bought large volume by market manipulation at the early stage of bitcoin inception and those who couldn't stand the market wave sold out giving way for the whales to take over the market and since then along with other occurrence and scenarios,  bitcoin became an investment and store of value aka digital gold as per say as it worked out for the whales according to their schemes. Would it be that easy to correct that notion of bitcoin being called an investment other than money.
When it is used for payment of goods and services on daily basis and we having full custody of our funds in a digital way would it be necessary we calling it an investment aside the price increase which is fluctuating and barely stable for a long time.? I believe Satoshi Nakamoto the sole originator of the bitcoin knows much better than everyone why he invented the bitcoin and I also would be looking forward to his reappearance be it pseudo anonymous or otherwise to making some notable observations on the bitcoin journey so far.

The world has freedom of speech and you can call Bitcoin as anything you want in your vision.

You can call it as it is, Bitcoin but you can call it as a shitcoin, a virtual currency, digital currency or even a scam currency.
If you buy it and hold it as an asset, you will call it as a store of value, for your investment.
If you use it at a gambling site, you will call it as a gambling currency.
You use bitcoin in your own ways and other people use their bitcoins in their ways which can be different than yours.

It can be called as The Internet of money (https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/1537000454)
or as a Bitcoin standard (https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861).

Whatever you call it, others call it, Bitcoin is Bitcoin.

Cryptocurrency like Bitcoin isn't a digital payment system but also a store of value. It is a virtual currency as well as an asset but we can say it a Virtual asset where gold is a physical asset. So Bitcoin becomes too much popular as an investment because of its price volatility. You can say every asset who has price volatility or a potential chances to climb up it can be called as an investment. But the problem is Bitcoin isn't Physical asset that's why you are discussing here. In short Volatility makes Bitcoin as an investment.

Although I don't think without volatility or potential growth we can't say any asset as a investment like stable coins USDT, BUSD. But there also have a little price fluctuation so they aren't a perfect investment.

This happened because money is no longer a store of value, when commodity currencies were first created one of the problems a great deal of them had is that you could not use them for long before the material from which they were made deteriorated, precious metals solved that issue as they can last forever, and once they were minted into coins of the same weight we finally got money as we know it.

However fiat currencies do not store value, as such bitcoin was created in a world in which our money no longer performs perhaps its most important function, so while bitcoin can be used as a currency and you can buy whatever you want with it, it makes more sense to keep it, as what you can buy with fiat goes down while what you can buy with bitcoin goes up, making bitcoin not only a currency but an investment as well.

The fact that Satoshi invented Bitcoin for a specific thing and it was used for something different, this does not preclude the selfishness of using it for both parties. There is a quote from Satoshi, which is that during the next 20 years, Bitcoin will have either many transactions or zero effect.

I'm sure that in 20 years there will either be very large transaction volume or no volume -- Satoshi Nakamoto

In other words, there will be a high demand for Bitcoin, and since the supply is only limited, we can say that the price will rise, so can we consider this as a sign from Satoshi because the price of Bitcoin will rise?

All possibilities are now available, but the end result is that Bitcoin is a high-risk investment and can lead to zero.

Eventually, it will reach a high level of adoption and then investing in bitcoins will be no more profitable than investing in any other widely used currency.

People didn't call it an investment, they turned it into an investment property. Right, bitcoin was initially created to be a decentralized currency not controlled by anyone. But it is we investors who have turned bitcoin into a speculative asset, all because of our behavior and usage. But honestly, if bitcoin is not an investment, it is not volatile and not profitable. I wonder how many people will use it? Are you sure you are getting into bitcoin because you need privacy, not profit?

Well, when you are buying something and you expect it to rise in value later then it can be called as an investment. This is very true with real estate but can also be true with anything like art object and yes even luxurious bags and other properties. Now, of course, the same is true with Bitcoin. Now, this is a very basic concept with investing and as a BTC enthusiast it would be good if you can familiarize yourself with the term and the concept.

because people could invest their old money too..
yep money can be invested

heres some examples

putting fiat into your childs college savings account is investing your money in your sons future

putting bitcoin into a family multisig is investing in families future

its not rocket science

---

the deeper meaning is this
bitcoin is deflationary meaning it buys more college books if left invested for a couple years compared to invested for college in fiat..

yep if you have a 13yo kid in 2018 and you had the option of putting $10k into a college account for 5 years. or into bitcoin for 5 years.. you would have a better investment in bitcoin.

$10k fiat after 5 years wont buy as many college books of courses compared to 5 years ago.. but $10k of bitcoin invested 2018 would cover his whole standard community college course and accommodation

($10k=2btc in 2018 = $60k this year)
its not rocket science, its math

I don't know what is the intention of the OP, but in the last 10 years its obviously that,

a) when it started to have a price and then traded globally at Mt. Gox then it become an assets and investment
b) people not trading it, but just keep on buying become a HODLer

But it doesn't mean that you can't used it as digital money, you can still used it that way. If there are online merchants that are going to used then it become a payment scheme. So there is nothing wrong with bitcoin becoming a investment or digital money or payment scheme.

It's because people are always view Bitcoin in USD or local currency equivalent. Whenever Bitcoin price was $20K in the last few months and now Bitcoin price is already $30K, they're think if Bitcoin price is highly volatile, but they're forgot if their local currencies are always inflated.

If there's a country only use Bitcoin as legal tender, people will view Bitcoin price is really stable and the goods or bills would be cheaper since Bitcoin is inflationary currency.

1 BTC = 1 BTC.

It's an investment because if it can be traded hands then there's value, look at Forex, isn't that some kind of an investment too? Another obvious reason would be the value of a bitcoin, it's going up in value and I don't think it's a good idea to just let it stagnate if there's a room to grow.

It's probably unintended but Satoshi must have an inkling about it. He/she/they likened Bitcoin to gold, after all. Satoshi must have known altogether that Bitcoin will have this tendency. It's money. It's scarce. It has a growing demand. As a result, it will have an increasing value unlike fiat which is decreasing because it is unlimited. Therefore, many people will probably keep it more than spend it.

Satoshi was certainly mindful of the ratio of 21 million coins to several billion people. He/she/they knew that some coins will be lost for good and it will have an effect on the value of the ones that remain in circulation. Satoshi was probably aware of the tendency of Bitcoin becoming an investment.

Because gradually people can't deny that bitcoin meets the criteria as an investment asset, and is proven by several success stories of bitcoiners in their investment journey. Even if you personally think otherwise, it's actually not a problem, basically bitcoin still doesn't violate the principle of being a payment instrument for anyone who thinks it's valuable.

Well, Bitcoin is decentralized. Satoshi, who created this Bitcoin, has no control over it. So it is up to the user how they want to look at it. Satoshi has definitely mentioned that it is a peer-to-peer digital currency system, but in reality, Bitcoin worked well as an investment that outperformed multiple billion-dollar enterprises. So I see no issues in looking at it as an investment, but rather a great investment.

In the free market rule, an asset usually finds its own way based on usage and demand. So Bitcoin worked well in that category. Also, I personally believe, Bitcoin will never be considered as a currency unless its price stabilizes. People usually do not like to let go of an opportunity. Bitcoin is an opportunity.

Privacy is one of the key features of bitcoin if I am not mistaken. Sole ownership without third party interference was the sole aim where by one can have access to his or her fund and do what ever he or she wants to do with it without any trace or mingling with government or any third party organizations. You have control over you funds.
Everyone individual loves profiting so therefore would utilize every opportunity they have to make more profits. No one is exempted from that even you too would want to use every little avenue to make profit.

Investment is an activity to buy something and then you hope that one day you can get profit from it. Investments can be in any form, such as bonds, stocks, cryptocurrencies, even fiat. So from this, even though Bitcoin is digital money, it can be used as an investment, because when we buy it, we have hope that its value will increase in the future. Because of that, Bitcoin can be said to be an investment or digital money, but I agree more if it's just called digital money compared to an investment.

the sole aim was a digital cash for the unbanked, but dev politics make to too costly(fees) for the 3rd world unbanked people. so next they used the lack to requirement of ID feature to next shout out "privacy".. yet a transparent open ledger is not private, it just lacked the requirement of nonsense metadata of users details

it was initially deemed as property2009-2013 thus was not in the jurisdiction of currency laws. but when defined as a currency2014+ then financial laws became applicable to services and businesses interacting with bitcoin. and thus regulations caused those financial businesses to require data on their customers

it became a currency becasue people lobbied to cal it that "to mainstream" it into an investment category

so now using a service to swap fiat to bitcoin is not a private thing.

as it's grow in value people start to considering bitcoin as an investment. in practical bitcoin is mostly used in trading site rather than for buy goods or pay something. we still face many difficulty in country's regulation, there are still so many country that do not accept bitcoin yet. because of that problem, so many businessman having difficulty to adopt and utilize bitcoin as money or payment method. there are still so many website that accept bitcoin as payment method but i think mostly they are selling service or digital goods, not many that sell actual goods. I think those businessman should establish company in countries which already accept bitcoin and contribute to those country's economic development, also serve people outside that country too. by this way, those country can be good example for other country to consider bitcoin as catalyst for development of country's economy.

Yes the lack of its massive usage as a payment method due to government restrictions is actually pushing it to been an investment since this doesn’t need to have government approval. Just like Gold which is rarely used by common people to trade and after finding out about its value they decide to hold the little they have just to beat the devaluation of the fiat is why bitcoin is used too. Currently it is more of an investment than a currency it was intended for because this, should nations begin to relax laws against it and it is used more freely for buying and selling of goods then it would be treated as a currency. But investment purpose of it would never be eliminated because of its value and scarcity.

Bitcoin can only be money (currency) or legal tender, if a government approve it. "Currency is a medium of exchange for goods and services. In short, it's money, in the form of paper and coins, usually issued by a government and generally accepted at its face value as a method of payment." - Source : https://www.investopedia.com/terms/c/currency.asp

So, most governments does not accept Bitcoin as a currency, but rather define it as a commodity. (Mostly to protect their monopoly over the manipulation of their own local currency)

Perhaps Satoshi never thought that Bitcoin would turn into a financial asset. He thought that BTC will have a somewhat stable and low price (low volatility)and it will be used as a digital currency. I guess that he was wrong about this. He was also partially wrong about Bitcoin being a 100% "peer-to-peer" system, because of all the third party centralized crypto projects, like exchanges, wallets, casinos, etc.
I know that Bitcoin in itself is truly p2p, but the entire crypto industry definitely isn't 100% peer-to-peer.
Maybe this will change and all centralized crypto projects will fade away.
Bitcoin became an investment because of it's fixed supply and growing demand, not because some whales did market manipulation back in the day.

OP, why did you call bitcoin gold. Gold is an asset likewise bitcoin. Initially Satoshi created bitcoin as a digitital currency and an alternative to fiat using P2P for transactions. As time goes in bitcoin begin to gain recognition and that helped to increase the value of bitcoin because it is limited in supply. Another great event that has helped bitcoin value to increase is bitcoin halving. As the day passes on bitcoin started gaining more value and the depreciation of fiat currency made bitcoin to be seen as an investment and also used as a store of value because if you hold bitcoin for long and sell during the bull run,your bitcoin will yield you profit. Bitcoin is now a commodity because the price is being affected by demand and supply.

Originally it wasn’t viewed as an investment by most people. I felt alone back in the day using terms like market cap. It was originally a PayPal replacement with no fees. Things have changed a bit and now it’s being pushed as a replacement for gold. It’s scarcity in the end proved to be too valuable to investors for its original mission to succeed.

scarcity is not the value proposition.. if there is 10 people at a party but you can cut the cake into 21 pieces. its not a scarce cake.
however if the cake cost $500 to make then each slice is worth $50 thus people tend to respect the taste of the cake more

bitcoin is no different. if its costing a minimum of $20k to make a fresh btc. meaning no one on planet can get it for less right now. then everyone respects that and then speculate on its taste(desire) above that.

there is a good reason why bitcoin leaped in 2013 when asics first ramped up mining cost. yes it speculated by 100x and then corrected to 10x. but the leap had reason
then with the halvings and everyone evaluated their cost per creation at year end. that speculated the next bull/hype a year after halvings.

the underlying cost of creation of anything has power over the end value proposition/speculation above that base cost. its simple economics

in short
its more about the mining cost supporting/underlying new raised bottoms, which markets then speculate above. rather than pure 'scarcity'

The simple explanation to this is that people trade on Bitcoin vs fiat and thus the price changes due to demand and supply. This is a secondary effect to being a currency and similar markets were already existing with foreign currencies. Because the speculation of prices occurs hence the price changes. This leads to the trading market and a long term holding market. Therefore it has become an investment and a store of value.

Additionally since the currency is deflationary, the store of value concept become attractive to investors.

Bitcoin wasn't envisioned as a form of investment, but it because an investment because of how drastically the price started changing and because it's consistently going up over the years. When the value of something increases over time, it's natural that people will treat it as an investment.
The idea of Bitcoin as electronic cash is still somewhat relevant, and there are people who use it this way. But there isn't enough adoption of Bitcoin as a form of payment, and then there's the scalability issue.
It should also be noted that even fiat is sometimes used as an investment. For example, it used to be very popular in my country to buy the USD, hodl and then sell for local fiat because our fiat suffered a lot more from inflation than the USD, so the USD was mainly seen as an investment. But it is also a type of money, there's no doubt about it. Bitcoin can easily be both, and it doesn't matter whether this is what Satoshi thought Bitcoin would become.

You can only get the right definition depending on what you are using your Bitcoin for, if you by to make more profit, it's a store of value in your case, if you buy to spend on other things and items it becomes internet money or digital money, you can even call it a scam currency if you bought at the top and it goes way down (Bad Timing), that's your fault though.

As you can see, Bitcoin is anything you can it, this world still have it's freedom of speech right? Bitcoin is fit to be called a digital gold, it created value that's why the name fits, I don't know why some people are even arguing about this topic.

As a Bitcoin adopter, why are you buying? What are you using your Bitcoin for? If you know the answer then..........

Anything that grows in value over a period of time is investment. Don't people invest in forex and trade it to make profit?
Bitcoin is a medium to tranfer value. You can not use bitcoin directly to buy all things in many places but through bitcoin you can transfer value throughout world in a blink of an eye.

Bitcoin is investment because it's value goes up and down with it demand and supply matrix

You already have the answer Op, you are not thinking is all, Bitcoin can be use to pay for expenses online, I have use bitcoin to pay bills too thanks to few online market place that accept Bitcoin as means of payment, this makes Bitcoin a digital money.

It's also a good store of value because it goes higher than what it is today, demand and supply is running it Bitcoin's blood, this makes it a digital gold, which automatically means a good investment opportunity.

I don't understand how you get lost with these because Bitcoin is the most simplest one to understand. 

I understand the fact that investment is one thing everyone would want to venture once they see the opportunity and I believe that was the situation of bitcoin then. As the price began to appreciate, whales seized the opportunity to accumulate more of it withholding it in supply, making it scarce commodity while the price grows very fast.

Adoption I think is one of the major challenges facing bitcoin currently as most government frowns at it and they see it as a big threat to their fiat and other activities they do which some are quite shaddy. Although some have adopted bitcoin as a legal tender digitally and it is working very good for them. It is good that there has been a gradual individual adoption of bitcoin into various businesses which solely represents the bitcoin for goods and services goal and that would tell in time to come.

Even though Satoshi stated that Bitcoin is a p2p electronic cash it doesn't elude Bitcoin's other side features such as volatility and limited supply which have madeBitcoin'sn value increase insistently, this made it become more of an asset since one can simply hold Bitcoin and benefit from it value volatilities either ups or down.

More also, bitcoin has not attained the global adoption, and it could be easily used as a currency because not many merchants or businesses are accepting Bitcoin as a form of payment for goods or services.

I think it's safe say that when you are creating or inventing something and a lot of people are trying it out and exploring it with their own, they would find ways to use it in a couple of different ways even if it's not meant to be for that or something.

A lot of people probably went out and bought Bitcoin for the sake of earning more so that's definitely going to be their goal. It's about money. So that's why I think they are considering it as an investment.

There's nothing changing about what you've read on the white paper from what is happening now, but have you also considered that bitcoin being a digital currency is also volatile and this volatility is what make it profitable for someone like me and you to use the currency as an investment whereby we can choose to hodl it over time and make some interest on it, yet it's values never decreases with time, you can spend it as a monetary value, hodl your asset with it or turn an investment asset with your bitcoin you have, this is a good reason for us to make use of bitcoin over fiat because bitcoin has multi application of use being an investment asset and digital currency.

It's the same as gold which has been a medium of transfer and exchange. But overtime it has upgraded and become a store of value just as Bitcoin. Time changes and if people see the worth from within, we're all considering that and that's what the majority of Bitcoin people have seen with it. It's not just a medium of transfer or a digital money but it has became a wealth, a store of value, an investment and there's nothing wrong with that because Bitcoin remains as is 'til now based on the whitepaper.

Because a lot of things changed and the creation outlived the creator. Bitcoin still can be digital money, but it also can be an asset. It depends on what you want to do with it.

 ;D CryptSafe my Nigga, you have been a while in the forum and there are some terms we learn to know their uses base on the way they are used in the context both in physical classroom too, not all the words the teacher pronounced are known to us instant but some we know from the context the teacher used. First of all I want to thank you for understanding the part that bitcoin is a digital currency. Now if it is a currency, have you heard the term "loan" with Fiat Currency? Yes. Now how does loan work. Loaning someone doesn't mean you are buying something but you give money to someone with a specific amount and the person will pay you back with interest. That is an investment, isn't it? That is you gave out money to get profit from the money you gave out. There is a saying in Nigeria, "We use money to find money", that is we used money to get more money from the capital.

Now when we come to bitcoin, yes bitcoin is money for digital use only and bitcoin appreciate so people buy bitcoin when the price is low and sell it out when the price increase and that is the investment part of bitcoin. So don't be confused with it, it is the buying and selling of bitcoin is the investment. Like now, if you buy bitcoin today as it is $30k and keep it for about 3 to 4 years and bitcoin price increase to $60k how much do you think you will make? That will be a big amount of money though that will also depends on the amount you used for the investment. Bitcoin is just like the loan business that appreciate time.

That's just the simple truth: everything Bitcoin is being used as to us depends on the holder. You can either decide to make it a means of payment (money), calling it money, or a store of value (calling it assets). Satoshi has an aim for which the goal has already been accomplished, and more is being discovered from what the main purpose was initially intended for. To me, it might not be mentioned on the white paper, but I believe it was built to serve an investment purpose from the beginning. Anything that has the ability to increase in value could be considered an investment, and Bitcoin is not an exception.

Bitcoin is a revolution, and as it happens in all revolutions, it often deviates from its correct path, either as a result of internal factors or by external factors.

I think that here Bitcoin has been diverted from the goal for which it was deliberately created by governments and whales. Governments could not control Bitcoin because it is decentralized and whales are happy to manipulate the market and win billions of dollars through fear and greed.

There are few believers in Bitcoin as it is (a peer-to-peer payment method) and they can do nothing unless the community as a whole is made aware of the truth.

Well, I don't think there is any hard thought to this. Infact, what should be noted is the fact that it is firstly decentralized and it is meant to be anonymous too.

This is one reason why being a digital money/currency that BTC is, and not knowing how much value it would be worth sometime later is a thrill for some. There is always a hope of making gains if BTC is saved up or HODL, over a period of time compared to your local fait or CBDC or digital money, the BTC idea rhymes well with what social media looks like and what it offers to its long term users, and it makes us believe in a digital future where most online transactions is done remotely from anywhere in the world.
BTC is also one among other crypto currency, as we have seen many crypto currencies make huge profits during volatile periods, and unlike the way stocks and the forex trading could make loss or gain, so does BTC.

The DCA strategy of investment or purchasing BTC is one popular strategy of investment that mere digital money functions only, won't provide. DCAing is a regular input of a certain percentage of funds, to acquire BTC over a time, after which it can be sold, gains collected and capital reinvested.
The bigger the funds put in, the greater the gains I believe.

Bros, I want to clear doubt o. But anyways I get your points mate. I was looking at it from Satoshi perspective of bitcoin being a digital cash and how it deviated from being a digital cash to investment opportunity. I believe the scarcity as orchestrated by the whales and the market uncertainty ignited it to where it is today. People at the helms of affairs control the make at any time they want and at their own will while those trading at their mercies just speculate around with fear of the market trend.

I know for sure trading on bitcoin would generate profit for those engaged in the activities that is why they see it as investment. Buying when the price is low and selling when it is high for profit purpose and lots more is not bad as many depend on it for daily income. This is the investment for which it was turned into and it still serves the same purpose as it turns to be digital cash.

You are right about the main purpose of BTC which was p2p transaction based on decentralization but as technology progressed new use cases of BTC also took place like investment. And also due to the volatility factor of BTC people started to use it as investment and it would not be right to say that every BTC user is using it for Investments purposes and it would not be appropriate to say that in early days the adoption of BTC was high thus at that time people were not using it to store there money.

As BTC was still new and new investors and risk takers are testing their luck but of course only few knew the potential BTC have.

But i think it would be a waste of valuable asset if you would get profit out of it but do not tend to do so. The best practise is to use it to gain profits and how one can gain profits if BTC proved to be a wrong source of storing value of your money? It is not. Btc is a source of storing money so why not making investment in it.

That's a little lazy you know. Cause it doesn't really dig deep to what made bitcoin an investment in the first place.

To answer your question OP, for a good amount of time bitcoin was solely used as a form of peerless money transfer method across the internet. Think of it as the basic version of Paypal. It was like that for a couple of years but soon as more people jumped into the train and bought or sold bitcoins for themselves, the value of bitcoin increased, from going for less than a dime back in the days to as much as 70 bucks in 2012 (AFAIK). Since then, people saw the opportunity in bitcoin and decided that since it pumps in value over time, it could be wise to hold money on it not for the sake of using it as a payment system, but to bag profits in the process. That's just what happened and until the boom of cryptocurrencies in 2016, the term bitcoin "investment" became more popular.

I have been trying to explain this for years now, that Bitcoin is not a form of investment but only a totally secure and distributed digital means of payment. Just like in Satoshi's wp we talk about peer to peer payment but people see it as the form of investment that will make them rich, all wrong. Great thread

Exactly, as bitcoin became more and more volatile, people are also leaning towards bitcoin as their investment asset  more rather than a currency which can be used to pay for something or a currency which has no boundary that doesn't require a 3rd party facilities.
Satoshi's intention was really to eliminate the use of banking and so we can have full control over our money at the comfort of our own. If the white paper contains something more about "investment", then people might suspect that this will just turn out to be another ponzi scheme which will not gain enough trust from it's potential users.

I believe you know Bitcoin  is a very volatile asset and as such, it can rise as well as fall and the ability for people to take advantages of either the rise or the fall, is what actually give rooms for people to earn money and since bitcoin  give the opportunity  for smart holders to make money from it through several ways, people now tend to buy  it at a low price when the price of bitcoin  has fallen and patiently wait when the price increases and then sell it off at a more higher price, making it an investment option where we buy low and sell  high and that's the aim of an investor, to make profit.

This is according to the white paper but you should know that everything evolves and that's why bitcoin  is doing but in price and usage and you shouldn't blame anyone who see it as an investment option especially knowing  the risk involved because bitcoin  has also provided and proven to be  an investment option  for  them.

Bitcoin is a digital currency and due to the volatility in the market, many persons see it as an investment because is can increase in price at anytime makimg those who have invested in it to make more profits as the price increases. The major aim was for it to be a digital currency that people can trade it at anytime for business transactions without the need of any third party to come between the trade. This alone had proved to us that what was written in the white paper was the solution to the banking sectors where customers are been forced to submit there KYC whether they want to make huge transactions.

Anything could be an investment as long as its market price has the potential to increase over a period of time. Gold and other minerals awere even used before as a mode of payment when currencies were not yet used as a system of payment. And same thing goes with Bitcoin. It just so happened that majority of its users saw Bitcoin's advantage for being an asset more as a currency because its market price is so volatile and yet moving upward in a bigger time frame which promotes hope for investors. Eitherway, as long as you are using this technology as per with your interest then it would be beneficial. Using this technology as a mode of payment is still far from the reality because there are still improvements which would make it possible.

Exactly, Bitcoin is the best example of Gold in the early days when gold before in intended as used for payment and later on become an investment.
Gold became an investment for most people because what they know is the gold price just keeps increasing.
Then now, it's the same thing happening with Bitcoin. That's why I can say we are still in early days on Bitcoin same before with Gold.

In early days, everything has to face with risk of death. If it can survive after many tests, many years, it will gain a solid role and will be used more. In early years, many people believed Bitcoin is scam but it is smaller now in percent and it shows a better acceptance of Bitcoin in community.

They can consider Bitcoin as their investment, their treasury or just a mean for trading but if they use Bitcoin, they believe it is not scam. It is a big change and dramatic improvement since 2009.

This shows How powerful bitcoin users over the so called Normal Money and that is Fiat. while you have said that the main purpose of Satoshi creating Bitcoin is a Digital money to fight the government interfering in our daily money using yet the problem is each User or Holder of bitcoin has  power over the currency meaning we are free to do what we wanted not like in physical money that the law prevent us from keeping or hoarding fiat in our hands , in crypto we are the one who will decide what faith of holding .

You answered your own question, everyone likes to make a profit, even the smallest profit, so we should not wonder why bitcoin is not considered as a payment method but instead into an investment. People are always talking about bitcoin features like privacy, anonymity, and giving us complete control over our assets. All of this undeniably sets bitcoin apart from all other assets, but like I said, is that attractive enough for everyone if bitcoin isn't profitable? Our society is putting money first, so I don't think we should be surprised when everything is turned into an investment.

OP is just looking to what is the initial reason why Satoshi Nakamoto created bitcoin but not for the long term effect , Even Fiat is being Held by others as investment when the government wanted us to use this for circulation.

and also what is the difference from the banks that Holds your money when you deposit it there? why not call also the bankers for Fiats use?

It is both a money and an investment at the same time. I know this is hard to understand for some people but that is how it is. I believe that the best thing to do right now is to keep getting as much bitcoin as you possibly could get. I believe that if we do the right thing then we are going to end up with a profit one way or another.

It may not be an easy decision to buy and invest into bitcoin but at least you could do that, and at the same time if you ever want to then you could pay stuff with crypto as well. This makes it like the greatest investment ever, you can't buy stuff with stocks or gold, it's rare and very very unique situation, usually you can't, and you can't invest into dollar because it loses value over time. So, bitcoin is far better than any of them.

Because money could also be considered as investment, and as a digital money this made it qualified to be called an investment, since it has the ability to increase wealth, and could be purchased and hold as a property, which could be used as money to buy anything and pay for some services between parties who knows about in a country were it's been accepted.

The main purpose of creating Bitcoin as a medium of exchange for transactions carried out online, so in general Bitcoin is a digital currency, people consider Bitcoin as an Investment tool because of the speculative belief that Bitcoin will rise in the future. The presence of Bitcoin has made it easy to make transactions with anyone without a third party managing their circulation. That's right, as explained in the Bitcoin White Paper, Satoshi introduced Bitcoin as a decentralized digital currency. Then after all people accept Bitcoin on various digital platforms, it finally opens the way to be used as an investment asset because the price will increase in the future.

Philosophically, the public's understanding of an invention typically trumps the inventor's. It's not just Bitcoin. Social media was meant to connect people, but it also spreads misinformation and political propaganda. When managed for a few, this divergence from the original aim produces anger and envy. Bitcoin's transformation from currency to investment illustrates this. Satoshi Nakamoto's peer-to-peer electronic payment system has been overshadowed by speculation and "get rich quick" schemes. Don't rush to judgement. Bitcoin investment has increased adoption, worldwide awareness, and technology. Participating in these market dynamics is fun. Who knows, Satoshi's vision may be closer in the future. The Bitcoin community can influence that future.

I don't think this is true, I don't think you can buy anything with cryptocurrencies, specifically bitcoin. So far, not many countries or many stores accept bitcoin as a payment method, and that is unlikely to become widespread in the future. Governments are accepting bitcoin, but they are treating it as a commodity, an asset, it is tough to accept a volatile asset as a method of payment.

I know that bitcoin has not gone the way Satoshi had planned, but it is a good thing that it is becoming an investment. Since it is still bringing so many benefits to us, many people have changed their lives thanks to bitcoin. So I don't see anything wrong with it being an investment.

Bitcoin still is a Peer-to-Peer electronic cash system!

It is also an investment, a store of value, a borderless and permissionless transfer of wealth!

I'm sure Satoshi knew what the possible future would be for Bitcoin purely based
on the fact that it had limited supply and was essentially  deflationary.

There are also a lot of people who are quite happy to ignore the main reason Bitcoin was
invented and are happy to use Bitcoin as an investment while letting a third party hold the
Bitcoin they think they own.

Bitcoin offers the opportunity for self custody secure wealth storage.

I think that what has happened is quite similar from we see in countries and societies which suffer from high inflation. People when see their currency starts to decline, they move their money onto more stable assets or even assets which can earn value through time against the currency who is expected to decline in value.

People still see Bitcoin as a medium to transfer value, but the expectation of decreasing circulating coins and the way FIAT has behaved this latest years has led people to speculate against the value of USD and other currencies against the BTC. It is a matter of greed vs fear, I am almost sure satoshi knew something like this would happen because of the floating nature of the price, but perhaps he did not realize how big the volume of transactions was going to be.

That's what happens when something starts to be used in a way that wasn't originally intended. You can read everywhere that Bitcoin is intended to be a digital currency with a decentralized system and to be used like that but the price fluctuations made it to be more of an asset to people who bought it and now it is mostly used as an investment asset. Even though that probably wasn't Satoshi's intention, I think it's better for Bitcoin to be used like that since it made Bitcoin have the price and value it has now.

Maybe we wouldn't get this far with Bitcoin and who knows if it would stick around, but anyway I think you should just call Bitcoin as however you see it in your eyes as everyone uses it differently and has their own opinion on it.

No doubt bitcoin still remains a peer2peer electronic cash system and very much active as many individuals and businesses adopted the payment system into the routine. This has called for financial self custody as one does not really to go through the banks or involve a third party for transaction purposes. The issue of high fee transaction charges by the banking institutions have been wiped out. Monitoring of ones financial engagement been kept out of third party anonymously. One can comfortably exchange their fiat into bitcoin as a value for their wealth storage and measurement.

According to google


In short, Bitcoin is an asset, in my opinion since it has already a value and can be sold whenever you want. So let's make an example for an investment, a business is an investment because it doesn't have any value when you just started it, it doesn't give you any income unless you're managing it correctly which gives your business a value in the long term.

Because many people have no need for it as currency yet, they choose to use it for investment because that is the function that it can perform for them at the moment. It does not mean that tomorrow it will not be used as currency when it becomes more accepted. Had bitcoins not had the function of being able to serve as investment, Many people would not have been interested in it since it is very illegal in some places and they would have had nothing to benefit from risking breaking the law. 

According to its basic idea, bitcoin is a currency. Bitcoin had no value when it was introduced, but when it started gaining use cases and demand it started gaining value. Its value has gotten higher over time due to increased demand and limited supply, but its price volatility has allowed many people to make it an investment and trading asset.

It doesn't matter what someone uses bitcoin for, it is still a tender that shares the same characteristics as any other currency. It's just that bitcoin does not have a physical form and bitcoin is not controlled by anyone including the government.

Bitcoin as a medium of exchange makes it on par as digital currency and if you think it's wrong as an investment think about the halving and also the miners, you will understand that Bitcoin is designed to create value for itself with time, the lower it's number the more scarcity is introduce and normally the value will keeps growing, it's simple, I accept Bitcoin as 3 in 1 capable digital currency.

1. Store of value
2. Medium of exchange.
3. Decentralized.

Bitcoin is consider as an investment asset because of its volatile nature if it persists in a constant value then no body will consider it as an investment asset. Bitcoin is used both as a payment and investment asset but as a payment method it is only understandable by those who have some knowledge about it and in that area where there is a fast Internet.

Volatility is sometimes consider as risky but it is also beneficial in terms of buying and selling because at higher price one cannot buy it and at lower price no one will be in desire to sell it so both are beneficial and because of this unstability people demands more for bitcoin investment.

Satoshi created bitcoin as a very innovative money or means of payment, it is decentralized and secure. Bitcoin has also been used as a means of payment either legally or illegally by most of its users. Not all countries legalize bitcoin as a means of payment, but most legalize bitcoin for trading.

I can say that I don't consider bitcoin as a means of payment because I can't legally use it in my country, so bitcoin is an investment asset or a high-value and tradable asset.

You are absolutely right mate. This is amongst other reasons why  bitcoin became the investment option of holders. The constant growth from the very beginning made it worth sort after. The speed is insurmountable and  notwithstanding, it took the world by surprise and here it is today. This far it has come, it has made millionaires and in that cause it is treasured as an asset and seen as digital gold because of it's limited supply, utility value and time of invention.

You’re right mate. Bitcoin is Bitcoin no matter what people call it. However, for me bitcoin is also an investment because it grows its value and in return it will provide us profits or income that we can also used to invest aside from bitcoin. The fact that bitcoin is a store of value then people can freely call it as an investment. And despite of its highly volatile price, bitcoin remains a good and profitable investment as it is.

Satoshi tried to make a decentralized form of money, but you can't control free market price. This is not something Satoshi could have predicted.
He wanted people to use bitcoin the way they want and that's what happened, so I doubt that he'd be disappointed by the way things have turned out.

Bitcoin has a number of features and characteristics. If someone says it can be only money and a payment system, but not a store of value, or an investment, he makes no sense to me.

Yes,  Bitcoin was created to be a digital currency but surpassed its purpose of creation and become an investment opportunity because of its deflationary nature which made it a store of value or a safe haven for investors as it increases over time hence investors now saw it as an investment asset class due to its various use cases and thus appreciates or adds value as time progresses.

We have had this discussion in the past on the forum, I can remember writing on a topic that had similar questions. Bitcoin is both an assets and a currency. Satoshi wanted Bitcoin to become a currency that's used for payment but that haven't been achieved fully globally as it's yet to recognized globally as a currency. We're then left to use Bitcoin as an assets that's used to multiply our money  and that's why many individual are using it as an investment.

Bitcoin is been known globally as an investment that gives investor huge return when they make investment in Bitcoin that's why everyone is now referring to Bitcoin as an investment. This isn't so much of a bad thing because it gives value to Bitcoin and reputation.

Bitcoin will always be an investment because of its limitless value. As long as bitcoin price is not fixed, and it creates more chances of price increase, then it will always be an asset or an investment. However, we can always use bitcoin as a digital money once it’s used as a payment mode, or an investment once people prefer to keep it and expect good store of value. Whatever it is, that fact that people are still in profits with bitcoin, bitcoin will always be a forum of business or investment.

Bitcoin is originally designed as a digital currency but since it’s adoption is still far from realization, then people use it as an investment instead because of its highly fluctuated price. And with volatility comes high chances to earn once it’s value reaches an all time high. That’s why as long as it has a volatile and unpredictable price, people will still be seeing it as a good investment.

^ That is what we called, (Store of Value)
Many people have seen this potential because when it comes to more adoption the price will grow up due to the limited supply and this potential has been seen by many others to generate returns. However, while considered as an investment, it still functions as a digital currency and each of us can use BTC for transactions, just like traditional money.

Bitcoin is a currency first, then an investment. There's no point trying to separate it. Something can be an investment and a currency.

If I decide to buy a large sum of money in euros today for the price it is now and decide to save it for a long period with the hope that the price would appreciate,  that makes the euros in my account an investment, and at the same time, it's still a currency.
Using the Euro as an investment doesn't make it lose its identity as a currency, so Bitcoin should not be different.

Bitcoin doesn't have to be one and not the other. How can something be a currency if it's not a store of value? Gold and fiat are all seen and used as a store of value, currencies, and also investments, the same should be applied to Bitcoin if we want its adoption to be effective. 

I would like to think that one thing can actually serve two or purposes depending on how the users deem it fit for him to use. But its clear that bitcoin was actually intended for financial freedom purpose whether its original plan was as a digital money or decentralized crypto its still doesn't close the fact that bitcoin over the year has gain more and serve more purpose for its consumption and adoption.

The ability for BTC acting as a store of value makes it easy for the mass public to use it as an investment means and also term it majorly on matters concerning investment because everyone wants something that can actually generate them some little profits instead of eating their cash e.g saving money in the bank(value depreciates over time).

Do you mean the reason bitcoin became an investment is because it wasn't widely accepted? And if it is widely adopted in the future, will it become a currency? I don't think that is the cause.
How could bitcoin be volatile without human intervention? So the fact that bitcoin becomes an investment is due to our need and no other reason because our need to make money is greater than any other need in life. If bitcoin is stable and unprofitable, will you continue to hold it, or will you find an alternative investment?

Bitcoin's versatility is impressive. It has changed dramatically from a digital payment system to an investment asset. Power comes with responsibility. We're all hoarding Bitcoins, but are we deviating from its intended purpose?

Bitcoin's whitepaper proposed decentralized peer-to-peer electronic cash. It enabled trustless financial transactions. Are we losing that vision as it becomes more speculative? Allowing it to become an elite's game promotes wealth inequality?

That doesnt diminish its value. Like any asset, its value might change. Great benefits may have drawbacks. Bitcoin, despite its brilliance, isnt immune to market forces.

People in need of money see the potential of it; just imagine the price of it before and compare the price now; it is really a huge jump, and the first thought on this is that it can make you rich if you bought bitcoin in the last decade. Even though it is made for internet money, which is still used by others right now, people are seeing it more as an investment, and that is the way that they want to use Bitcoin, which we can't blame them for, and we should also be thankful for it as we have also benefited from it.

One good reason why Bitcoin became an investment is that there is a profit to be made while trading it.  Aside from that, it is proven that holding Bitcoin for a long time and selling it at the right moment can give an enormous profit to the seller.  Investors see these features in the Bitcoin market and decided to allocate their money to buy Bitcoin and hold it until they get a satisfactory price to sell Bitcoin.  It is the volatility of the Bitcoin market makes it as an investment even though it was created as currency.

Aside from that, this is not the first time that investors uses currency for their investment.  Many traders oftern invest money to buy and sell fiat currency cush as USD, Pounds, Yen, etc.  For them as long as there is price fluctuation, there is profit to be made thus, making these currencies as an investment is just a normal thing for them.

By the way, a person cannot acquire Bitcoin if they don't mine and hit a block or buy it from the exchanges or work for it.  In short there is a resources needed to acquire Bitcoin and people often invested to these resources to acquire Bitcoin and they call this as Bitcoin investment.

Your right Bitcoin is a digital money/currency, something like that and that is actually how Satoshi made it, and its supposed to be a digital currency but it just doesnt work like that since Bitcoin in my opinion is not suitable to be a digital currency at this moment, at some point in the future it might be possible. I mean it's already a digital currency that everyone around the world can use, you could pretty much make transactions everywhere and send it to someone if you have Bitcoin. But as a currency that everyone can use to buy or use everywhere it just wouldn't work this time, what you need to do is to convert your Bitcoin first into fiat or sell your Bitcoin to get fiat money, and then you could use the fiat money on your transactions.

It was just because of the volatile market price of Bitcoin, due to its nature the supply of Bitcoin is just too low to keep up with the demand making the market price of Bitcoin skyrocket, as well as having a lot of movement. With that, it's difficult to make it something that you could use daily as digital money. But most investors use Bitcoin as an investment taking advantage of the cycle of the market and the volatile price making a good amount of profits on it.

I’ll immediately answer the question posed in the title: because instead of using bitcoin for its intended purpose (as electronic money), people began to use it as an investment (after they saw what you can buy for 1$, conditionally, and after a while sell it for 10$). In theory, it can even be called price speculation.

The change bitcoin from electronic money to an investment instrument is, in a sense, an bitcoin evolution that even the creator didn't imagine, because, as you rightly noted, there is not a word about this in the whitepaper.

I don't think that in the early stages there were evil uncle-whales who bought bitcoin on purpose for manipulation. Most likely, everything happened chaotically and according to market relations between the owners / holders of bitcoin. Someone bought, someone sold, and so on in a circle. People who saw the potential of btc and believed in future opportunities bought it, and those who didn't understand it sold. This is how bitcoin moved from one pocket to another. Some accumulated, others lost. The same thing is happening now. No one is stopping you from becoming the BTC-whale, with the only caveat that now this requires huge amounts of investment.

Bitcoin is an asset that allows its holders to earn huge returns due to the very high market demand. Its price volatility allows you to make multiple profits instead of using it as a means of payment. Of course it's fine if you don't make bitcoins as an investment asset, but you may miss the opportunity to get a return from its price volatility.

Bitcoin is traded around the clock and it would definitely be a great value added asset to have. While some users consider it digital gold, it's because of how the market works just like any other investment asset.

I believe at the earliest stage of bitcoin inception there were lots of fud going about the space that bitcoin is this bitcoin is that do you not think it was such as a manipulative situation to cast doubt on holders making Dem sell at give away prices. Do you not think there were some people who saw the future ahead strategically positioned and comfortably controlling it with their orchestrated plans just as it is happening with fuds of lately as regards bitcoin price speculations and others which is affecting the market as a result of the rumor mongers. Have you not asked yourself why is it that when so so person talks or an institution does something, it positively or negatively affects the bitcoin market.

I  myself had a thought of all these questions and still arrived at the same answer. These whales control the market and does what ever they feel is ok by them to make more profits.

It is the same as gold. When it is found the first time, it is used for ornamental. But as time goes by, people used gold for a payment tool and then used it for an investment, too. That's because gold value is increasing, people know they can take advantage from the growth of the value. However, is this wrong? No, it is not the wrong decision made by people, the function of gold can be varied due to the improvement of its adoption. It is something that happened in Bitcoin as well. Since the value is increasing, it can be also used for an investment. People adopt it for their digital asset because they know the benefits. Sure, Satoshi never said "investment" as Bitcoin function on the white paper because it is not the main function. It can be a digital asset (investment) due to its additional function on its adoption.

As long as there is a significant increase in its value, it deserves to call as an investment. The price fluctuation indicates a potential price increase. So, it is very a clear sign that price is never stable. Bitcoin price is volatile, that's why people prefer to use it as a digital investment than to use it as a payment tool.

I believe there will be no reappearance of Satoshi.
Satoshi wants crypto be decentralized, it means to have no someone or an institution as the regulator. Even if he is still alive, I assume he will remain hide his real identity forever.

---

https://onlygold.com/facts-statistics/history-of-gold/

IMO/CMIIW

why is bitcoin called the currency of the future because you are free to classify bitcoin according to your needs, if you want to make bitcoin an investment then you just have to buy it now and then hold it for the next few years or until you reach the price you want or if you want being bitcoin as a legal means of payment, you just have to find the seller of the goods you need then negotiate payment via bitcoin with that person, bitcoin is really extraordinary, easy or difficult to understand it depends on each individual.

I also really do not understand about this, but I will speak in my opinion.

bitcoin has a fluctuating price because many people use btc like someone selling btc and someone buying btc, so that way the price of btc fluctuates.
in my opinion, even though btc is used for investment, of course are not wrong because bitcoin is still a digital currency, even though we use it for Investment and btc is still btc.

Because Bitcoin is considered a digital currency that has the potential to provide benefits if people start investing in it as soon as possible, and people who invest in Bitcoin never use it as a digital means of payment, only delay it and will use it when the value of Bitcoin increases by providing large profits to people who are patient enough to keep saving, more than that its use is not too massive where it can be used in all sectors of life so it is natural that many Bitcoin owners prefer to save or make it an investment asset rather than a means of payment.

depending on what people think bitcoin is, according to their needs and intentions to keep bitcoin itself
because with progress and development there are many functions of bitcoin, not only as digital money, but even more as a digital money investment
so it's legal for all to give meaning and purpose why they have bitcoin
the whitepaper is only the main reference for making bitcoin with the fact that everything is developing

Truly individual perspective is the force driving the bitcoin and possibly the market as well. Each individual sees bitcoin based on their usability, profit derived and other parameters they have put in place to bitcoin usage and hence some see it as an investment while some see it as a means of digital peer2peer payment system for the sales and purchase of gods and services. This have given bitcoin the stand on which it is today and that would never go down in years to come but rather it would keep growing better and stronger till it is globaly adopted by the organisations and governments of the various countries of the world.

Bitcoin is originally designed to a be a digital currency. However, since it’s adoption is still in the process, people are free to use it as an investment knowing it can give us massive returns everytime it’s value surges high and reaches another peak price. Through long term hodling and trading, bitcoin can give us 10x profits as long as we’re aware when would be its best time to sell, and that is when it’s price has reached its all time high.

Even if bitcoin has become a globally adopted currency, trading and investing will still be a profitable option for traders and investors. Its price volatility is the reason why investors and traders trade bitcoin, but when the value becomes more stable the trading volume may be lower.

I don't see anything wrong about the usefulness of bitcoin as an investment asset or a traded asset. It is something that is as much possible to do just as one would trade any other currency.

Basing up on WP which it is;
A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution. Source (https://bitcoin.org/bitcoin.pdf)

This is actually that Satoshi do really have in mind but for sure he wasnt expecting for the community to have that kind of treatment on making it as an investment because it turns out that
it is really that totally be able to have that kind of opportunity for those who do accumulate do able to make money or really make profits which is something that
a good additional instead on just using it as a digital currency which it did really make out that interest even more or spark out those people around on which
i couldnt really blame them out.

Bitcoin can be freely used as a digital money and as a good investment. It’s everyone’s choice where he’ll be more comfortable and he’ll gain more advantage. And as for now, seeing bitcoin as an investment is way more exciting and profitable. But of course you need not to invest if you are still not knowledgeable on how bitcoin works, and if you have still doubts and hesitations on taking its risk.

Bitcoin is never limited in its usage. You can used it to pay, to gamble, or even as an investment. And I think bitcoin as an investment is the most profitable option at the moment seeing how it’s high volatility has changed a lot of lives letting them experience their big breaks in crypto. That’s why bitcoin investing or trading have been trending online not only because people want to hype it but also it’s the most effective means today to scam people, especially those who are greedy with money and profits.

With the past decade of bitcoin's existence, it evolves to being one of the best digital investments in this market.
Sure, Satoshi had a different use case in mind when he created this currency.
However, who would have thought that this digital currency will pull off and attain such value today?
Early users even had no idea that this will achieve such status today and attract big time companies.
This is why we are enjoying this currency to be an investment today, for one because of its high volatility feature.

The use case of bitcoin is a means of payment - but users can always trade it. Bitcoin is a volatile asset - so there is nothing wrong if someone or perhaps most users choose it as an investment asset and trade it. Satoshis may not trade bitcoin - but users are always free to do so to generate profits and long-term returns.

After all trading and investing will also support larger transactions to support bitcoin growing stronger - so it's not wrong for most users to call bitcoin an investment asset.

The use case is the thing that gives it the term investment. The purpose for which Satoshi innovated is to be an alternate to the traditional system followed and to eliminate the middle man. Further the growth and acceptance have made it to be more successful beyond the usage as a transaction source.

Over time bitcoin have turned as a multiple usage asset. It have been used as a transaction source, investment, trading, as currency in exchange for services and it goes on. It is all about the individual person's thought to call it an investment/currency or something else.

Anything is an investment, honestly when I first learn about crypto or study crypto the first thing that goes in my mind was forex trading.
And even when I am explaining crypto or Bitcoin to other I still used forex to make it easier for them, I compare crypto into forex and they would also agree.
The only difference is Bitcoin and other crypto are decentralized while forex are all centralized.

Though what you say is right but having unrealistic expectations is not good in my opinion. Expecting to gain 10x on a Bitcoin investment right now or after it enters the bull run will be a lot to expect, one could easily get 10x or even more if they had invested in Bitcoin when it was still at its early stages, maybe even when it was priced below $10k, but expecting that much now, when the price is already around $30k and it was even higher, might only bring disappointment in the long run.

A realistic and achievable target should be maybe about 3x or something because even if goes 3x up from here, it will be priced at around $90k which is achievable if there are a lot of investments during the bull run which will pump the price further and it might hit that target eventually during the bull run.

I think the original vision of Satoshi for Bitcoin as being a digital currency is still at play since Bitcoin is still being used as digital payment for various services online. People that consider it an investment is looking at the speculation side of what will be the future demand of Bitcoin as future payment. The end goal for Bitcoin is still to become a digital currency. It's value is just increasing since mass adoption still not reach which makes people use it as an investment for now until it becomes a global currency that can replace fiat.

The analysis is obviously nicely done however you forgot that why we have ended up with investment question mark? This started with some minds who took the opportunity of Bitcoin possession as Store Value and then later turned it into investment opportunities. How? Well they formed exchanges. They told the world they can trade the Bitcoin just like you would do trading of real world commodities. Then they also brought in various ways to grow your bitcoin. For example putting them in cold wallet with #% interest. Just like you would do with your savings bank account. This way, they injected the market with Bitcoin Investment ways and that’s how we ended up with it.

We are the ones who made Bitcoin an investment asset. Everything that has value is decided based on demand and supply. with less supply, the value will increase. The same happened with Bitcoin. Limited supply but the demand is increasing every day. The people who own it, to exchange it for items, put the value with the US dollar. Don't think about it too much. According to Satoshi 1 Bitcoin will always remain 1 Bitcoin. As long as people understand it, the value will do nothing. But people love to make money. And Bitcoin market being so volatile allows them to do it.

Bitcoin was meant to be a decentralized peer-to-peer digital transaction money. It still is, but people are using it for other usage too. Like investment assets. So it does not matter whether someone calls it digital money or an investment plan, Bitcoin will always be Bitcoin. Use it the way you like it. That's all.

Why are you not optimistic about the price potential bitcoin will reach when the bull run season arrives?
Many people are optimistic about the future of bitcoin and that includes its impending high price. 10x of $30k is $300k, it can be reached when the demand for bitcoin becomes higher for some reason. Imagine if a bitcoin ETF was approved, are you sure $300k won't be surpassed?

If we talk about the next 1-2 years, then 3x is realistic to achieve. But if you're talking about the next 4-6 years, $300k is realistic. ATH is only a matter of time, but of course it also depends on how this bitcoin develops among its users.

I believe after the halving in 2024 we will get bitcoin going high to break through its new ATH. Of course we don't know exactly how high the new ATH is, but it's probably 3x to 4x the previous ATH.

Despite the fact that this currency was created with a specific intention, it has evolved to such a degree that people have given it different uses that allow them to take advantage of it, such as investments that, despite the fact that they take time, bring about an increase in earnings. Now, if Satoshi had wanted the utility of bitcoin to be restricted, he would have founded this asset in a different way, so that its delimitation was fulfilled, but he left it free for users to experiment and use it at their convenience so despite the fact that he expressed his intention he let bitcoin grow in his own way.

And, anyway, if we think about how bitcoin is currently being used, i could say that it continues to fulfill the original purpose for which it was invented, since it continues to be decentralized and brings benefits to people by not having any that entity can control this active.

I think that anything can be called an investment, as long as you are putting your money into it in the first place. This also includes other things like other currencies, because the value of those currencies also fluctuate in price. In other words, anything that you should consider "investments" are things that can change their price in time and with developmental events. If I were to invest my money into Bitcoin directly by buying it or by investing in mining equipment and mining costs that come with the mining of Bitcoin, the term for that investment would still fall under the category of a Bitcoin investment. Because either way, I would be at risk of my Bitcoin or Bitcoin mining rigs to fall prey to a change in value. Say the mining rigs break, or Bitcoin falls in value. Those are both dynamic values, therefore considered "investments".

Even holding onto fiat for years without doing anything with it, is a form of investment. You are investing that your fiat does not drop in value from inflation. But that is a dumb investment, albeit one that was not actively made.

That is how I see it. Maybe financial regulatory institutions have a different way to categorize investments... ;D

Bitcoin being on the free market only means one thing... it will be govern by the supply and demand thus create volatility on the price value of Bitcoin.  That alone have shifted or added the feature to Bitcoin as an investment because people will definitely put money to the market in order for them to take advantage of volatility and earn profit from it.  It was unintentional but it so happen that Bitcoin being initially planned as currency had acquired the feature of an investment.


I also agree, Bitcoin is used as a mode of payment.  It is that due to the characteristics of its market, it is also labeled as a good form of investment and at the same time labeled as commodity by some countries.

Bitcoin was meant to be digital money, but it's become more than that - it's like an investment opportunity too.

People saw its potential and started buyin' and holdin' it, hopin' it'd go up in value. So now, it's like a cool combo of digital cash and a way to potentially grow your dough! Embrace the versatility and remember, whatever you call it, it's all about makin' smart moves and enjoyin' the crypto ride.

It have turned to be an investment opportunity through its growth. Initially it wasn't that high in value. The mere giveaway token started to get value as people started using it. In specific the Pizza guy gave it the value and then onwards the transition from the transaction source it also got importance as investment.