Is Bitcoin a currency or asset?

[Buttercup123]

Bitcoin is currency or asset is totally depends upon use by every person. It used as currency as well as asset as per requirements. We say bitcoin is virtual cryptocurrency and we see towards bitcoin as future currency, still it can be used as asset because it gives better returns. Bitvoins price rises day by day so people buy it and hold for long time so as to get better returns.

Technically bitcoin is an online currency that means it is already a currency but not use in normal processes like in stores and etc,  it is already an assets because it can be a capital by means of investing and we treasure it because if the value increases we are happy because we gain more on what we invested.

[biffapparent]

It would really depend on the place you live in. If you live in a country that does not support or accept bitcoin as a payment method, then it is more of an asset, but if your place does accept bitcoin then it would be both.

[mabell943]

Based on what I see from the company of bitcoin they are both of this in the human’s life.
They are currency which you can exchange for profit through the process of trading and asset which serve as a back-up plan in our future to become successful and become financially stable.

[hunter50]

For me,bitcoin is asset because many people keep it for their future money .it has attributes of both a currency and asset store of value, durability and fungibility.let's be honest who sells bitcoin right now if he isn't  urgent need of money but bitcoin is super volatile currencies have technical value.

[takoisawesome]

hey there guys a newbie here first post yay

[beezare]

I think bitcoin is both as a currency and our assets for the future because bitcoin will continue to grow and as assets will become profitable

[Henrobakkara]

i think it's same dude, people keep saving their btc like save their money too. it's same and i think always same like fiat. if you want to buy something, u can buy it with bitcoin.. and if u want to save your bitcoin, yeah u can. it's depends on what do you want to do with your own bitcoin

[jason.romano]

Well to me currency is a asset cause with currency you can buy and sale which goes on with asset as well. Yes bitcoin fluctuate but as you see its getting stable and steadily increasing like asset. I am just sharing my opinion it may vary person to person.

[Adamazi]

When Bitcoin came into existence then it was a currency but now I think it's an asset. Bitcoin is an online currency. It was used to buy goods and services.And as the price increases and decreases it's now more of an asset, but which ever one it's good and it gives profit.

[Jayrmalakas]

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 

bitcoin is a currency because money is not in hand. so there are trading because traders replace the token or bitcoin to become php and it can be called asset because of its capabilities that you can enrich and broaden about the world of bitcoin, so bitcoin improves help for our lives and knowledge for greater benefit

[ice098]

right now it's used as asset. One day it can become proper currency

Bitcoin is a currency interms of when it exchange it in fiat, then it also asset because when you hold it or keep it to your wallet it means its your because bitcoin is in your wallet. Even there's possibility you can lose it or get it from you, but you can avoid it by not sharing your private key. Also you are the one who can do what ever you wants to your coins.

[Lily04]

In my opinion I think Bitcoin is both a currency and an asset. Because you can use it to buy goods and pay for services, and you can also invest in it and leave it for a long time and make a huge profit.

[luka red]

while I was reading an article published in reuters that show that  Israel’s central bank  would not recognise virtual currencies such as bitcoin as actual currency and that it was difficult to make regulations to monitor the risks of  this activity to the country’s banks and their clients.
the bank of Israel’s position is that they should be viewed as a financial asset.
I think I am not fully convinced by this article. but to me bitcoin is kind of asset.

[swordling143]

For me, bitcoin is actually more of an asset rather than a currency. The thing about currency is they can never be invested in, or even if we do, it will not be enough to make it profitable somehow. This is why bitcoin is different or advanced than the average currencies that we've come to know. Bitcoin's volatility range is way far than the regular currencies.

[Sanchit]

I think Bitcoin should be called as an asset rather than a currency as everybody knows that Bitcoin is a cryptocurrency and worldwide payment system and cannot be kept as ordinary money. Moreover people preserve Bitcoin as a useful thing so that they can use it in their business transactions that is safe and transparent or keep them in order to earn huge profits in future. Also the price and use of cryptocurrencies among people from past few years has increased gradually especially Bitcoin that it has now become an asset.

[Stac]

Bitcoin is considered both a digital currency and as an investment as the price of bitcoins increases every year from the previous years historical study on bitcoins, there is no other asset or investment to beat the price of bitcoins, bitcoins are more precious than gold as the price has surpassed $ 15148 as of today, if you buy bitcoins now may be in the near future there are still chances for the bitcoins to surge above $ 40000 which will help to earn good returns on your investment on bitcoins.

[ICO Lancer]

It is valuable asset, and currency at the same time. At first if was more likely asset, but now when its possible to buy so many things with it, BTC is turning into full-fledged currency.

[soros017]

It is both. Bitcoin is trying to deliver something that was once tried, centuries ago, with gold, when it was used as a currency.
With gold we know that it failed, but here we have a different scenario, since Bitcoin can not be controled by banks or governments. For the first time in centuries we are having the opportunity to have, again, something that might be able to succeed as a store of value and as a medium of exchange.

[Testament28]

Bitcoin's a CRYPTOCURRENCY so technically it is a currency, right? But we can consider it as an ASSET as well! holding bitcoin is like investing a real currency from a bank. But compared to investing a real currency from a bank, the stakes are high! But I tell you this, the gain in the future is way higher than the stake. We all know how bitcoin dominated the field where it's in, right? Bitcoin won't go down easily. So I think investing in it would be great, just like in real world.

[hoodi]

As many people mentioned already, bitcoin is more currency than an asset.  Perhaps proper explanation would be digital currency.