Is Bitcoin a currency or asset?

[julzcoinbit]

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.

I really agree with your statement mate, therefore bitcoin is both currency and an asset, it is a currency in the form of digital that we can convert into fiat or used this as mode of payment through online payment bills. Bitcoin is an asset that if we hold it for a long-term the more profits we could earn because as the time passes, bitcoin will be the more expensive, I mean the more value to rise.

[1715656069]

1715656069

[1715656069]

1715656069

[1715656069]

1715656069

[Sean25pogi]

For me it is an at asset because you can doubled you stack by investing or trading it and you can also get a high profit even if your investment is still running and working.

[ZaynDale]

It does not matter for me what actually Bitcoin is, what matters is what it gives me. But to answer the question, for me bitcoin is an asset in a form of currency. Assets can be in any form, it can be money, business, houses and many more. So basically, bitcoin is an asset and a currency, or should I say bitcoin is everything.

[maynguyen]

I think bitcoin is both a fortune and a currency. In some countries, bitcoin is accepted by the government and it is used in everyday life as a currency. Bitcoin is also invested and stored as a kind of asset.

[turagsoy123456]

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 

For me. Bitcoin currency is an asset.. Because it is a property owned by  the person or the company itself as an individual.. Is a reasource with an economic value.. That an individual.. corporation or country own or control with the expectation that it will provide future binifits..

[LorenoCoin]

In my opinion it's both, and it's a wonder Do not you think? have a currency that in turn will generate value and behave as an asset, is ideal, is reliable and prevails over time, but if I had to choose only one, I would say that at this time is more a currency.

[lepbagong]

I think that with us using bitcoin because we feel that bitcoin is a currency or an asset.
because bitcoin we use as a transaction that we need, to trade or shop and make the cash currency.

[fipper]

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 

for me bitcoin is an asset that can bring profit and profit can we get in the form of money and in my opinion bitcoin is digital currency which can also for investment and grow to get profit

[peterpeterpeter]

For me bitcoin is an asset it is a very valueable  thing or quality..

While the currency, is the most specific use of the word, refers to money in any form
 when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins.

[theJie]

I can't think of Bitcoin and other cryptos as anything other than assets at the moment. The price fluctuations are absurd. And as so many large news outlets love to point out, there aren't many places you can directly spend Bitcoin.

Maybe in the far future things will change, but for now, I don't see it as currency.

[senin]

From the very beginning, bitcoin was created to perform the functions of a means of payment, a repository of value and a measure of value, that is, to perform the functions of currency. With such functions, bitcoin can not be regarded as property, it will be wrong. However, the problem lies in the fact that, according to the existing currency definitions, bitcoin is not suitable for this concept, so there is a need to change the very concept of currency, since the crypto currency is a completely new type of digital currency.

[Gerci]

Bitcoin is the first crypto currency. Crypto currencies are often called digital or virtual currency, is a method of payment that is made digitally by solving cryptographic algorithms in a process called mining or mining.

To collect Bitcoin, people can mine it or buy coins. Each coin is publicly tracked, but is not associated with an individual's name. This action keeps the virtual currency transaction anonymous. People can keep their own account value records by saving coins in digital wallets

Many traders begin to speculate in price movements of digital currencies, instead of buying coins. Price history is associated with extreme volatility that leads to many trading opportunities. BTC's own value is based solely on supply and demand, because BTC is not controlled by the central bank, unlike government-issued tenders, such as Dollars and Euros.in most countries existing transaction using bitcoin, in some bitcoin just as of assets for if a stock for the future, as in Japan bitcoin not just a become an asset but already a currency in use for transactions, but for the future, I am sure bitcoin will be the currency to be used in each state for transactions, and bitcoin will be the asset important for loyal people, thanks.

[barabut]

It should be taken into account that crypto money, which is regarded as an investment instrument for some people, can also be used in illegal activities, since the market in which the crypto money is circulated is not available to be inspected by any official authority or guarantor institution.

[Mimeee]

For me bitcoin is an asset. It's far from being a currency since you can't use it in your daily lives as a way of payment due to the large transaction fee with it.

[Markzuckertion]

Both, since people earn much profit from Bitcoin. Bitcoin is the best payment methode for online transaction. As a currency bitcoin has shown many advantage in security and transactions time. Since bitcoin has value which keep increasing then people also pretend it like an asset.

[Cmoh]

Bitcoin is a commodity like other fiat currency perceived as a commodity like gold, silver etc. But we can say that it is also a current asset as converted any time to cash.

[asu]

It’s currency and it can’t could be just a asset. Bitcoin is the mothercoin in this world of cryptocurrency and there’s no way that can could be just asset.

[Asuspawer09]

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 could be an asset at the same time a money. But these things aren't or weren't given a fact since they are not worldwide popularised and accepted. Even though some of the countries allow to do so, it is still called a cryptocurrency, just it, not a money nor an asset. That is why it is your choice either of the two is bitcoin for you.

[mikaeltomcruz12]

I think it is asset because bitcoin has a price if you have a bitcoin you can consider bitcoin as you asset. Bitcoin is a digital currency so it mean it is currency also.

[12tribes]

Bitcoin is a decentralized, digital way for effecting payments for goods and services using the internet as a vehicle.
Bitcoin is both a currency and an asset. When you store it, and the price rises, it behaves as an asset.
When it is used for the purchase of goods and services, it is a digital currency.