Bitcoin just an asset ?

[Monnt]

Yes. It's really an asset but still it can also be used as a currency. Many people are starting to use it as tool for paying goods, services and other things that they buy online. More and more companies are starting to accept bitcoin so it can really  be treated as money.

I will agree with half of your opinion. Bitcoin is a crypto currency so it makes bitcoin a currency that can be used to pay anything in the world and a lot of people do that as well. And I think it really is a currency, we buy it trade in it, earn it in gambling, invest in bitcoin, pay in bitcoin. So, if we can do all the things that we can also do with ordinary currency then how can you not accept it as a currency ?

[Cazkys]

I have read in the news that that like bitcoin as virtual currencies are assets and does not have the characteristics or what it takes to be a currency that could meet our modern economic needs. It was said that it does not have the fundamental attributes. What are your thoughts about it?

Bitcoin is what we make of it. But we can't make Bitcoin do things it can't. It can be used as currency for buying some things online, for some online gambling, and remittance. It is an asset, an investment. But we have to admit that right now it cannot meet our macro economic needs. It cannot substitute a country's economic budget from billions of dollars to bitcoin. It cannot finance countries that needs to lend money like IMF does. It cannot even meet our micro,personal economic needs. Bitcoin is still not at the stage to be used in grocery shopping or commuting. But it doesn't mean that Bitcoin doesn't have the characteristics of becoming a currency that can meet our every needs. Just give it time.

[malikusama]

Bitcoin is digital currency, an asset, an opportunity to earn and is a global currency, this explanation of bitcoin describes the worth of bitcoin and its importance in the modern era. So anyone should not take bitcoin just only as a currency, or only as an asset.

[jossiel]

Don't say that it is "just" an asset. It is more than an asset remember on how many people are getting crazy in bitcoin.

They love to earn bitcoin and they love to use it with their different transactions more than fiat.

[lalabotax]

If reviewed for the next few years, as many reliable observers say, bitcoin will increase rapidly. And me we it is an asset.

[setupbounds]

I have read in the news that that like bitcoin as virtual currencies are assets and does not have the characteristics or what it takes to be a currency that could meet our modern economic needs. It was said that it does not have the fundamental attributes. What are your thoughts about it?

btc is used as payment in many stablishment nowadays. the main purpose of money or currency is to provide payment in exchange of goods or services. btc is a currency understand?

Bitcoin is the most worthy and expensive asset that one can have in today's world. At the same time, it serves all the purposes and features of a currency. We can say that, it is dual nature. We have the choice to convert it into fiat or directly use it as a payment for availing services. However, we need more companies and shops to accept it.

[andrei56]

You shouldn't take any advice from the media, they mix up most of the truth to something which isn't real at all. About bitcoin as an asset yes it is also a asset but it doesn't end there with bitcoin you can gamble , transafer this asset to someone anonymously, trading with stocks knows as alts and many more. Ignore the media always google there are various trusted sites out there.

Taking advice from the media is terrible, just take a few minutes and watch the commercials, you will find commercials about beer that is bad for your health, commercials about restaurants with overpriced food, and all kind of things that are bad for you and your finances. 

[Fatemablabla]

It depends on how you use it.if you use it to buy things with the help of btc then it is a currency but of you are holding it then definitely it is an asset for you.

[GreenBits]

Thats about all it is. It certainly isnt a currency, at least a good one, given its constraints

bitcoin is an asset and not a payment facilitator. Given the ever increasing fees and confirmation times, in this current iteration it will never replace fiat. However, since bitcoin is riding a tsunami of speculation, its a decent asset to invest in; you could do much worse. Investing in bitcoin can fetch you much higher returns than the majority of traditional assets.

Unfortunately, bitcoin is largely unregulated and not secured by a real, underlying asset. When you buy a stock, you are purchasing the company assets and infrastructure. Same with a fiat. Bitcoin is mostly backed up by public trust 


So buy, speculate and hodl. Again, you could do much worse.

[Doamader]

Bitcoin isnt just an asset, its a currencie and payment processor, fees are part of any business, soo i wouldnt care too much about it at all. Bitcoin does allow us to get freedom from banks and stay out of their control and manipulation as well from the countries. The last years several people had been able to multiply their money over crypto, but saying bitcoin its just an asset for me its offensive, it had changed my life, and im my own bank.

[lady pink]

Asset with a very high volatility

[putradaerah]

it is true for now bitcoin has no character and no assets, but bitcoin can still be made in the medium of exchange of goods that we need, for now bitcoin is still a virtual currency there is no possibility of bitcoin to be the currency for us to use for sale several years forward.

[libert19]

I agree. Although its meant to be currency but because of its huge inflation, it's assest.

[balakang00]

I don't think bitcoin is 'just' an asset, yes it can't process everything under the sun but it surely has many different abilities that can be profited from. In fact it is considered a cryptocurrency. If it becomes one of the traditional currencies it surely will boost up its capability.

[Carlsen]

Of course bitcoin is now mainly an asset.
You buy it if you have a bigger amount to invest or if you are expecting a bigger increase in price.
Then the fees are not very relevant to you because the don't eat up your profit.
When you are a small invester you need to have an eye on the mempool. When that is empty, fees are lower.
Of cours that always depends on where you buy your coins. Some bitcoin institutions do not adjust their fees even if the transaction fees go down.

[aryaadikariyansyahsuwarto]

To me, bitcoin is a very popular digital currency today, nothing that can rival the popularity of bitcoin. And also bitcoin is very suitable for long-term assets or investments, because the value of the price of the bitcoin lived is fluctuating or erratic.

[JonahCallan]

At present, btc is a very valuable asset. There are many people who are keeping it, Its value is increasing high, And it is also a hope for change for the future, the virtual currency will dominate

[Baby Dragon]

I have read in the news that that like bitcoin as virtual currencies are assets and does not have the characteristics or what it takes to be a currency that could meet our modern economic needs. It was said that it does not have the fundamental attributes. What are your thoughts about it?

Well, bitcoin is not am asset but its an currency. In addition to that, bitcoin is a new currency and I agree to that and you can use your bitcoin in any kind of transaction and some people use it in their business because its very profitable and if you use bitcoin you could make and earn more money.

[Rizky Aditya]

Most people use bitcoin to be their investment asset, when in fact bitcoin is made by its creator named shatosi nakamoto for an alternative payment instrument in the form of digital money. But after seeing the development of bitcoin higher value, it causes bitcoin very well if used as an investment asset.

Please correct the spellings. It’s Satoshi Nakamoto not Shatosi Nakamoto. If we talk about its characteristics as an asset, then obviously it has all of them like gold. On the other hand, if we say it is a currency just in digital form, then it shows the features of currency as well. It’s up to a person what he does with his bitcoins but best is to invest in it and trade in digital gold.

[OracionSeis]

it is true for now bitcoin has no character and no assets, but bitcoin can still be made in the medium of exchange of goods that we need, for now bitcoin is still a virtual currency there is no possibility of bitcoin to be the currency for us to use for sale several years forward.

Why we need make Bitcoin to become a curreny like other currency on the world? I do not understand that, because we also know the definion and nature of Bitcoin is decentralization => The government cannot control it, how to helps them accept Bitcoin is a currency?