Bitcoin just an asset ?

[quocsi]

I think bitcoin is not just an asset. Bitcoin is also considered a high value currency. You can also use it to pay and pay the bills you need.

[1714902641]

1714902641

[kingntking]

Bitcoin lately is becoming more of an asset due to its increasing transaction fees. Just lately, I can see some transaction accelerators asking for payments in order to speed up your bitcoin transaction which is sad. We will be expecting some more developments soon after this segwit2x fork. Lightning Network is  coming up next perhaps next year.

It is not just investment but also a currency, Lol. There are many categories for categorizing bitcoin. Ether are numerous functions that are being performed by bitcoin all alone. It totally depends on the sure how he wants to sue bitcoin, those who are investors and want to make money with it are holding it for long time and earning large profits and so on. Bitcoin is adjustable currency and everyone can sue it.

[amla]

Yes it is an digital asset means in computer or digital trade you have equal to Bitcoins wealth which means you can do whatever you want with digital wealth like If you want to withdraw that amount or doing trade or go for more investing whatever You want so it is just like gold which we have in our daily life same is the case with it in digital life you can also cash it out if you want to do so.

[priyankg3]

dont know much but in us , pizza shop use bitcoin to receive the payment from the customers, in india state andhra pradesh use bitcoin for stamp duty (real estate projects).. so somehow it uses like a assets

[insom]

Bitcoin is really an advantage. You can put resources into Bitcoin and win a great deal of benefit from it. Considering it as a benefit is right as, with the augmentation of its value the estimation of our venture increments hence we can get it as far as benefit. Be that as it may, it isn't only a benefit. It is additionally utilized as an online cash for exchanging. So denying its different highlights isn't right.

[oaz7t]

Bitcoin is used as an investment asset because of its rising value
Bitcoins basically were used for anonymous transactions
But now its value has increased a lot and become a solid investment

[roberthus]

While we can continue exchanging things through bitcoin, it could never be considered an asset.

[noictib]

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?

Here all depends upon us that through which way we are thinking about bitcoin whether it is a way of payment , way of spread business in worldwide level with the help of bitcoin , way of inevstment for long term , save money like in bank  or it is as an way of putting money in bitcoin as an privacy to have that what amount of money you have .
So it depends upon perosn to person that in which way they are using it , but here it is wrong that bitcoin has no attribute at all , in Actual bitcoin is much encrypted then what banking system in this world are .

[randal9]

Bitcoin is a digital currency. If you save it in your wallet it will be your assets. Or you spend it in your expenses it will be a currency. I think butcoin is a asset & a currency also.
Thank you

I agree...it can be both of them...but it seems to me that it is hard to use it as a currency...the big fees and long transactions... I would like it to be corrected

[bitcampaign]

I think it's true that bitcoin is a new digital currency asset that anyone can use as a transaction tool

[Anti-Cen]

Bitcoin is more of a token used in a casino and is not an asset as such
and cannot be called a currency because to be that it would need to have
a stable price.

The Casino across the road does not charge me a large $20.00 plus "Transaction Fee"
to get past the security guards on the doors so I think i will go and play the
slot machines they have to offer.

Forget all the talk about the technical aspect because Crypto-Kitties is well
ahead on that game and you can even breed that cats and sell the kittens if
you apparently want to make money.

People lets call a spade a spade but make some money before it goes bang if you think you can  

[rainezerr401]

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?

In my own opinion, It is consider as a currency because we can use it to buy products online like a credit card even though it is not a physical money and the good thing about it is, The value is keep on increasing as the time goe's by unlike on fiat that stays the same and does not have any advantage.

[BlackPanda]

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?

I prefer to say that Bitcoin is a currency and also an asset. I use Bitcoin for both, I see that we can use it well. We can use Bitcoin as a currency to facilitate all transactions and also we can take advantage of bitcoin as a profitable asset, a fantastic increase in Bitcoin prices makes us have a great chance to make a profit.

[ardhigalau]

Most people say bitcoin is digital money, but I think bitcoin is an asset. Just like home, stock, forex and others. But bitcoin has a very fast circulation, a fast price up and down in just a few hours.

[manoj kumar k]

yes bitcoin can be considered as an assets because if we compare to other currency it is most leading and high rated crypto currency the value of the bitcoin will be keeep on raising now the bitcoin price is 14000 dollar but with in march it may reach upto 50000 dollars

[Satish147]

Yes, it is a store of value and capturing gold value and now it will be reaching to mainstream to become universal currency for universal payment.

[GreenBits]

Bitcoin is a digital currency. If you save it in your wallet it will be your assets. Or you spend it in your expenses it will be a currency. I think butcoin is a asset & a currency also.
Thank you

You are welcome 

While people use bitcoin as a currency, that doesnt really mean its suited to do so. first off, you will find that no currencies are as volatile as this in the real world. it makes it not so useful for everyday transactions; its hard to make a budget when a tank of gas might cost 50% more the next day. this is akin to shopping at Walmart with gold coins; too much of a hassle and you would have been better off converting it first. if not just for the sake of speed, at least so that you can save on the conversion costs/fees.

[eann014]

asset or currency, doesnt matter as long as it has value and people use it.

Yup, it really doesn't matter to me, as long as I know how to earn it and enjoys bitcoin right now. Bitcoin value can change someone if they are saving their bitcoin for a long time, they have a possibility to become rich and use their bitcoin for their better future, and maybe also depend on how people interpret what bitcoin really is.

As stated whether it's an asset or currency it doesn't mean big, the growth and the goodness it provides will matter. Right now one cannot get an benefit from any of the assets, property, shares or something else similar to bitcoin. This gives the users the hope of making a better living with what they get other than regular income.

That's true, it really doesn't matter, bitcoin really growing fast and it really helps a lot of people to provide our daily needs and to have a good savings for our future.

Bitcoin is "JUST" an asset? so what? what is wrong of having an asset right?

[sino22]

yes bitcoin can be considered as an assets because if we compare to other currency it is most leading and high rated crypto currency the value of the bitcoin will be keeep on raising now the bitcoin price is 14000 dollar but with in march it may reach upto 50000 dollars

the bitcoin can indeed be called an asset, because the bitcoin can be stored long enough, it's up to you whenever you want to sell it.
if you store bitcoin in the wallet it also needs to be careful, because every hacker has many ways to break into an account.

[pikebu]

yes bitcoin can be considered as an assets because if we compare to other currency it is most leading and high rated crypto currency the value of the bitcoin will be keeep on raising now the bitcoin price is 14000 dollar but with in march it may reach upto 50000 dollars

the bitcoin can indeed be called an asset, because the bitcoin can be stored long enough, it's up to you whenever you want to sell it.
if you store bitcoin in the wallet it also needs to be careful, because every hacker has many ways to break into an account.

Yes bitcoin is just an asset and we must be carefull when protect our an asset in the bitcoin, bitcoin is an asset at least for today because it is difficult to be an digital currency the problem on the fees transactions, bitcoin has expensive fees when we send it for payment gateway especially for a little amount of transaction that is makes difficult for bitcoin be addopted by mass to be an currency, but i think bitcoin is good to be considered as digital currency for large of numbers transaction.