Is Bitcoin a currency or asset?

[Ruetli]

I believe that the future belongs to cryptocurrencies. Bitcoin might have to slow transaction speed and to high transaction fees to be a real day to day currency. But as first mover it might be an asset also in the future.

[Ayush rana]

I think bitcoin is both currency and asset because people are using btc as trading and investment also. Which means people are circulating btc like currency and doing investments like they are holding any assets.

[FrobTeam]

Bitcoin is deff an asset at the moment because nobody uses bitcoin except store it or sell/buy to hold and grow their investment.

[blocklancer8]

Bitcoin is a virtual currency that can be your investment asset. Because Bitcoin is a technology that can break through a very good future.

[Tatalk]

Let me first clear, what asset stands for. Asset is a resource that is owned by an individual or corporation or by the company with the expectation that it would provide future benefit. So bitcoin's continuously increasing valuation signifies that this virtual currency is asset. Just like asset, people buy bitcoin and hold till they feel profit in selling. Yet not centralized by the government, it has millions of bitcoiner and this suggests that cryptocurrencies would be the future of finance.

[megalith07]

I think BTC is both an asset and a currency. An asset because it you utilize this as an interest over the long haul a cash be turned into a cash. You can purchase things utilizing BTC in truth I heard you can utilize this as an installment It resembles a charge card. At that point you can spare it and contribute or you do exchanging.

[Cofee.BLUE]

Bitcoin is a currency or cryptocurrency well sometime it bwcomes an asset but it ia really a crypro currency or digital money, it becomes very good in these days and it just like a currency that used in every day lives of every bitcoin users, and i just think that sometimes it really becomes an asset, but more times currency.

[Bit_fan_talks]

I firmly believe that bitoin is both currency and an asset. I think most people on this forum do believe so.

[Ashishsaha]

I must say that BTC is the next day's currency and resources. Because to say a lot, I would say, Bitcoin's identity is going to be good day by day, and I think it's worth a lot and it's going to come out here at its own pace. And now the present is in the position now that anyone can consider it as an asset or take it as a future asset.

[robaya]

I personally prefer to call bitcoin as an asset. But both of currency or asset, they are all correct. Bitcoin is currency which is in a digital form, isn't it? Also, bitcoin could be an asset for the ones who believe that bitcoin is going to give them future benefit.

[Amilhussin24]

When we say an asset, it means a useful or valuable thing, as all we know Bitcoin is a cryptocurrency and Cryptocurrency is a digital asset designed to work as a medium of exchange, It is classified as a subset of alternative currencies and virtual currencies. Currency means a system of money in general use in a particular country and a fact or quality of being generally accepted or in use.
as for this matter It is a currency and asset.

[Jltan]

Bitcoin is a prominent new currency in which a lot of investors are holding and treating as assets. But due to its young age, to become a widely used currency will still take much more time for the volatility to stabilize.

[superloy]

Before Bitcoin was tagged as a Currency of Cryptocurrency but now it's an asset like an internet Gem that is more valuable than a Gem.
It is intangible but it is over valued and that's what makes it an asset.
Crypto-Currency today are the Altcoins because they act like one Bitcoin doesn't.

[nerverd99]

Bitcoin’s very volatile prices have reignited the debate about its usefulness as a currency or as an asset. In some ways, Bitcoin suits the definition of currency quite adequately but if the volatility is less. It allows for the creation of secure and transparent transactions. Thus, can be used as a secondary currency in future. Some of the experts have huge concerns over its volatility. But, sooner or later the prices may remain less volatile as of today.

I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/

What's your opinion about BTC as a currency or an asset?

Suggestions and comments appreciated 

I think bitcoin is both a currency and an asset.Bitcoin can function well as an asset.As a store of value, Bitcoin is far more simple and secure than other real assets.Bitcoin also has potential as a currency.we can use it to pay for goods.
especially now that many stores that receive payments via bitcoin

[jayram]

My answer is bothe, Bitcoin is designed to be used as a currency for all people around the world which is free from any influence and cannot be regulated by a central bank, the idea is good and conforms with the new trend of globalization,but right now, bitcoin’s popularity mainly comes from the success of those who invest. Most people nowadays treat bitcoin as an asset holding their bitcoins until prices goes up and converting is to cash.

[aerozep10]

Hopefully it will become the norm, more big businesses are getting up to speed on it.

[bitcoinmasterlord]

Before Bitcoin was tagged as a Currency of Cryptocurrency but now it's an asset like an internet Gem that is more valuable than a Gem.
It is intangible but it is over valued and that's what makes it an asset.
Crypto-Currency today are the Altcoins because they act like one Bitcoin doesn't.

Yes when the price was less that time people used it as a currency and did many transactions. But when the price was crossed from $1k to $3k in just 1 month it changed people mindset and made them to hold bitcoin. From here people started to treat bitcoin as an asset.

[dg2010]

Bitcoin is both of kind of currency and asset. You can use Bitcoin for payment or can store it likes an asset to get profit

[Raldyn]

Buy bitcoin .. choose bitcoin ..
I think it is an asset. Because the longer the bitcoin price the more expensive and expensive it is almost equivalent when I buy a property like home .. I choose bitcoin as an asset for the long term or during the old age
 

[ekans45]

For me currency and asset is same . bitcoin is asset becuase many people keep it for their future money and because of this value people use this to buy anything that they want like paying bills or buy a stuff  . bitcoin is currency becuase bitcoin give a profit to us .

Currently, in most countries we can't use Bitcoins directly to buy things either in any shops or online as well so I think as of now Bitcoin is only an asset or investment. If we need money then we need to sell the asset and use that money to buy other things. When we can buy things directly with bitcoins then we can consider it as a currency until that it is an asset. I know currently, we can use Bitcoins to buy some items online but still need to improve or grow a lot.

But there are still some of the countries are open on initiating an acceptance between bitcoin and the system transaction. But in such matter we could classify bitcoin as both currency and an asset because initially bitcoin is meant to be used in transaction because it is a form of crypto-currency which somehow have a bigger part in transaction system in a daily basis.