Is Bitcoin a currency or asset?

[cryptorami]

For the currency does not quite fit. It is more of an asset that can be kept or speculated.

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[Stianyd]

I have quickly scanned your article and will digest it more thoroughly later. My major concern is whether the global economy needs yet another currency, particularly one independent of valuation metrics. Since the global economy is fundamentally an open system with continuous energy input, but with fixed quantities of physical matter, delinking currency, as a proxy for energy flows, from a physical standard (gold) has long made sense. Since the amount of energy cumulatively increases in the system over time (solar energy can be converted to chemical energy and stored) any currency should also cumulatively increase over time. With a fixed quantity of bitcoins haven't we just created an ethereal "gold standard".

[rahmanrock]

Firstly it is a currency and a currency is an asset for the holder, being it a state, a subregion or even the individual holding it in the wallet.For me Bitcoin is both asset and currency.

[poplolnman]

For me bitcoin plays both roles. The company and management of bitcoin serves as the asset of every investor to secure that their future will become successful and free from all kinds of rick.
Another is bitcoin serves as currency in some commercial transaction here in the whole world.

Yeah it is playing as both but in actual it is the currency and is invested as a currency for internet so that people can easily and more conveniently use it for their international online use. And along with that it also became an asset for the traders.

Some people has found Bitcoin as a digital asset rather than a currency to spend in daily basis nowadays I think due some reasons, high fee makes people can't spend it often especially on a micro transactions, a real problem there. Bitcoin should be a future currency not a future digital asset.

[phips28]

I would say it would its a currency. But its currently not 100% usable for a daily usecase. Still not enough merchants on this and transaction fees too high.

[ohzeih5n]

whitepaper say it is currency but it is easy to use it as asset more than currency

bitcoin is future and all will use it soon

[popolite11]

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 .

true, it is the same because when we say curreny it is money and an assset is also  worth a money. maybe it can be an asset if you will invest your bitcoin for the future purposes. it can also be a currency if you sell your bitcoin and convert it into money. but either eay it is both asset or currency , what matter is , it can help us financiallt and  help us to have an investment.

What kind of questions born here!? What are all these posts about? BTC is both currency and asset. It possible to pay using it, trade it, or just hold. In most cases you will earn the money with it.

[twostepsally]

Bitcoin is not assect. It digital currency. So it will use to any where and any country. Bitcoin will be chnage any country currecny. So bitcoin is digital currecny.
Assect is not movabal one it Will use for the some people it will use for the future growth. Bitcoin is help for the future investment. Assect is not use for the investment. So bitcoin is digital currency. So good to for improver your life.

[dotcomwriter]

In my opinion, bitcoin is a currency and at the same time an asset. All cryptocurrencies are currencies so bitcoin is not exceptional. I consider it an asset because it also gains value just like other assets,

[loyaswexrq8]

yes bitcoin is also an asset, as it is currently an investment on which you can make good money

[iop789]

Yes, it is an asset. The IRS now classifies cryptocurrencies as "property" based on a recent Revenue Ruling. Someone shared this paper with me, which I found helpful for understanding the tax effects of cryptocurrency trades: https://scholarship.law.duke.edu/dltr/vol16/iss1/1/.

[gakadem]

Is not bitcoin already considered global currency, albeit illegally. If some people consider bitcoin as an asset I do not agree, it could be later the value of bitcoin decreased dramatically. Because as we know bitcoin is a currency that is speculative and while there are not enough companies currently offering the purchase and sale of products with bitcoin as a means of payment

[Minionnn]

Bitcoin is virtual currency, it has many benefits and each person uses it with their own item. Bitcoin may be currency or property. It can be used for trading or hoarding.
 

[removebeforeflight]

Bitcoin is virtual currency, it has many benefits and each person uses it with their own item. Bitcoin may be currency or property. It can be used for trading or hoarding.
 

Yes, Bitcoin can be used as virtual currency or an asset as per your wish. Bitcoin is simple and fast in terms of payments. It is safe in terms of asset, you need to patiently wait for the desired target to be achieved.

[Matimtim]

For me bitcoin is  worldwide currency in short universal currency, because bitcoin is acceptable around the world as means of payment or as a representation of a thing that use to acquire something, most frequently in online shopping. That's clear that bitcoin is currency and not an asset.

[Micerker]

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 do not know whether you consider bitcoin as currency or property but I treat it as a currency because it can buy anything that paper money can do.

[Polonium]

Bitcoin can be both currency and an asset, but I think today bitcoin has been popularized as an asset through investment and trading platform. With the growth we saw from bitcoin, it is so easy to persuade people to try doing bitcoin investment. Though this is the case today, bitcoin is originally design as a currecy for everyone to use. It aims to ease buying and selling transactions with minimum fees. I think since there is still growth in its value, holding bitcoin is wise but after the prices stabilize, we should try to spend our bitcoins.

[kirito1614]

I trust bitcoin is both a cash and a benefit. Since the past answer characterizes what a benefit is and bitcoin fits it on the off chance that you don't think about it as a cash. In any case, in the event that you read the whitepaper, it is planned to be an advanced cash where individuals will have an opportunity in exchanging cash without this outsider called banks. Also, to be sure we can exchange bitcoin without banks yet we can't change over it to fiat money without banks unless we need to trade bitcoin to fiat cash eye to eye.

[farproc]

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 

This and that and that, at the moment there is no official definition! This is a broader concept than the two written above!

[roy12875]

I think it is both for me because you can use it to trade currency, buy what you want. You can keep it in your wallet to let it raise. let your asset become more. You can do anything using bitcoin.