Is Bitcoin a currency or asset?

[Cryptron]

When you hold your Bitcoin for a long time, it will be you asset. Long-term investment is a wise decision for Bitcoin holders as they assets grow old in there wallet its value increases for how long you keep them. Since Bitcoin is volatile you will never predict what is the price tomorrow or later on.

[1715695907]

1715695907

[jbarcenas18]

Bitcoin is a currency but if converted to cash it will now turns to asset that can be owned or controlled to produce value.

[Eterbank]

To me its both. An asset which i hold and a currency to buy things. Especially when LN becomes new standard of paying.

[SIHIN]

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 as an asset because in my country bitcoin is unlegalize so i can not buy anything with bitcoin.  also in my country bitcoin should not be used as a means of payment because the means of payment is valid only the currency of our country ie rupiah. and that is set in the law

[serverus]

For me bitcoin is more like an asset. Because currency is defined as a money system that is commonly used in a nation or country. Since there is no specific country that uses bitcoin as currency it is more likely as asset. Its an asset because its value fluctuate more often compared to its last year's equivalent is much higher now. Its value continuously growing makes it very much profitable for investors..

[trimulia]

My opinion both is true but bitcoin is more popular in world it a currency since 2007,and the price continously increase it can called asset too

[kim_min888]

Right now I view bitcoin as an asset. It's not really spendable where I live currently so it's hard to use it as a currency. My girlfriend and I pay each other back using bitcoin though. I think in the future either bitcoin or another faster/lower fee altcoin will be used as currency.

[mi56374100]

"Money is a commodity, and a commodity is not necessarily a currency." The traditional definition of money is "general equivalent". In other words, people agree that this thing can be used as a measure of the price of other goods, and that's the currency.

Bitcoin is a currency and an asset.

[giogio0504]

More likely it is asset, as it has not all features of currency.

[websoftwareengineer]

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 just an asset before when it as very cheap and no one expected that this coins value will bloom in the next few years and it become a currency because everyone is using it to buy products online just like credit cards.

[pandanpanda]

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 

Until when bitcoin usage is not to replace the recognized currency as a legitimate payment system, "I prefer to call it an investment item, a digital asset. I disagree (bitcoin) as currency.

[carlisle1]

Well for me i consider bitcoin more as an asset,and gives me profit mostly not unless when price is dropping..though i use it also as currency if sometimes need an emergency payments for billings.so i consider it both and i know most of us does

[burdagol12345]

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 

Will both of this in bitcoin called a currency and also we called  an asset.we called it currency because its use in everykind of activities in exchange currency like a payments transaction in billing or use it as an alternate of fiat in buying our personal needs,while in other words we called it also an asset because it is like an investment or our own personal wealth that maybe can we inherit to our siblings.

[erick94]

I myself call bitcoin an asset because bitcoin can be stored and has a high price, bitcoin can be equated with gold because equally good for investment but different from gold, bitcoin has no security like gold and price movement up and down quite drastically.

[Hagmonar]

Actualy bitcoin is a currency but because of the supply and demand the price goes up and down so also we say that bitcoin also is a form of asset because when you are holding your bitcoin and dont sell it for a long time you can also earn it.

[conceivedspoon2]

Bitcoin both is an asset and a currency. Bitcoin over time has passed through alot of hurdles as a currency and has become a currency that almost threatens some country's fiat currency. As a matter of fact, because of its volatility, it has become an asset. It has come to a point where what you have as a parent can be transferrable even to children. The currency increases and decreases though. Its always advisable to buy the currncy when the market is depeened so as to make more money when the market rises.

[Supreemo]

Actualy bitcoin is a currency but because of the supply and demand the price goes up and down so also we say that bitcoin also is a form of asset because when you are holding your bitcoin and dont sell it for a long time you can also earn it.

,if you are positive and trust to bitcoin's capability then you can earn in a long run, but as you have said bitcoin's main purpose is to be used as a currency and much more purpose than being an asset, but because of the reason you have stated above it is also considered as an asset. Although this has been discussed several times in this forum, some people are still confused to what bitcoin really is and its purpose and usage.

[Sithara007]

Bitcoin is a digital currency, the first cryptocurrency, that can be converted into assets by investing in other projects.

It was originally designed as a currency (if you study the whitepaper published by Satoshi Nakamoto, then this will be clear). But over the years, it has transformed itself as an investment asset. How can you use Bitcoin as a currency, when it has given 50x returns during the last 24 months?

[Bitcoinismylife12345]

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 now, we can't use bitcoins to directly buy things in either shops or online and I think by that, bitcoin is only an asset or investment. If we need money then we need to convert it to real fiat and use that money to buy things. When the time comes that we can use bitcoin to buy things immediately then we can regard it as a real currency but for now, it is still an asset. I understand that we can use bitcoin to buy some product online but still it is need to be to develop and improve.

[Kaan53]

I would like to give the currency of the Bitcoin currency or the answer to the question of existence, but I can not give any definite information because it is an unintentional int money between the countries but in the future Bitcoin seems to be taking the place of all credit cards.