Is Bitcoin a currency or asset?

[Bonakid]

For me bitcoin is both an asset and a currency... since bitcoin is being used worldwide i can pay all my bills thru bitcoin, with a faster processing it is a payment network. And an asset as well because i could invest in it as well

[Coffee135]

For me bitcoin is primarily a currency that is yielding good dividends. Perhaps in the future the percentage of dividends will be reduced, but due to the increase in rates income in Fiat currency will increase and it makes me very happy. I now look to the future with great pleasure.

[yoseph]

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 

Even though Bitcoin is basically a currency, investors now see it as an asset, an asset which very high profits when left alone and i believe everyone should view bitcoins as an investment asset rather than a currency which is used for day to day activities. Someone once spent about 10,000 BTC to buy pizza some time ago and now he must be regretting it forever.

[ShowOff]

For me bitcoin is both an asset and a currency... since bitcoin is being used worldwide i can pay all my bills thru bitcoin, with a faster processing it is a payment network. And an asset as well because i could invest in it as well

you're right even not much who accept bitcoin, i still can pay my billd like electric bill , phone, etc and when we save it. the price keep rising and it is good as investment. but for the answer for TS question, my opinion will say bitcoin is a currency

[BitcoinPanther]

I think it is a no brainer to know whether bitcoin is an asset or a currency.  Even though it was originally designed as a currency, with the fluctuation and upsurge of bitcoin price, most people look at it as an asset.  Which in fact is true about Bitcoin.  So I guess it is both an asset and a currency.  No need to argue about that fact.

[Lyancy001]

They're both. Bitcoin is a currency where you can spend it. And, also it is an asset, you could double through trading or any ways you wanted.

[TIDOVEE]

bitcoin is a currency and an asset, it has values that can be stored for future benefit and could still yield more value and as currency because it has monetary values as a medium of exchange.

[emberbekas]

It can be used for both currency and asset. But since bitcoin price is a very volatile, it's better, at least for myself, to treat it as an asset. I try to avoid to use bitcoin to buy or sell things.

[Lpim01]

Bitcoin is just another form of currency of what we called it digital currency, but it consider also as asset for you if you hold it for future purposes. When we say currency is something we used to buy or pay and bitcoin can also do that but it can proceed through online transactions only unlike the local currency we usually used. And because of its high value it will considered as asset also, and its hardly to explain about it. For me Bitcoin is a currency that consider as an asset.

[craZyLovE0916]

Bitcoin is just another form of currency of what we called it digital currency, but it consider also as asset for you if you hold it for future purposes. When we say currency is something we used to buy or pay and bitcoin can also do that but it can proceed through online transactions only unlike the local currency we usually used. And because of its high value it will considered as asset also, and its hardly to explain about it. For me Bitcoin is a currency that consider as an asset.

It actually is and isn't a currency at the same time. It all depends on individual governments. When a gob approves Bitcoin is becomes a currency, before they approve/regulate it it is an asset.

[Arkann]

Bitcoin is primarily a digital currency, and as each currency bitcoin is a good asset in the long run. I also think that bitcoin in the near future as a leader of the digital currency will have a broad influence on the financial condition of most countries.

[jimn]

Bitcoin is basically a currency, it is created and founded to be a currency, and in fact most people use it as currency to sell and buy things online and offline, to withdraw their earnings..
But it is also an asset because you can invest in it, trade it, and making money by holding it.

[jal007]

Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name. More merchants are beginning to accept them: You can buy webhosting services, pizza or even manicures.

[salamyman]

Bitcoin is a meatball.

[Kronos21]

Bitcoin is basically a currency, it is created and founded to be a currency, and in fact most people use it as currency to sell and buy things online and offline, to withdraw their earnings..
But it is also an asset because you can invest in it, trade it, and making money by holding it.

If in order to buy the stuff you need to sell bitcoins then it is not a currency. It is a sign of the asset. Just like stocks. You can't buy things for the stock. For a dollar you can buy stuff everywhere. So is the currency.

[FasTroy]

Bitcoin is basically a currency, it is created and founded to be a currency, and in fact most people use it as currency to sell and buy things online and offline, to withdraw their earnings..
But it is also an asset because you can invest in it, trade it, and making money by holding it.

You are right, but i think that bitcoin is a currency more than be an asset, All here now that it's a cryptocurrency can be exchange in a normal currency without any problem, Further, it's too valuable in the financial market, I think it's more valuable than gold.

[Carlsen]

People use bitcoin to store value in it.
They hope on increasing price and are not planing to buy something with it anymore.
To me that indicates bitcoin became an asset, although it was originally intended to be a currency.
Maybe that is just a temporarily process.
If bitcoin would have a stable price, there would be no reason to put investments in it, and bitcoin would go back to being a currency.

[Baijit20]

I think bitcoin is both,asset and currency.bitcoin is a asset because many people keep it for future.and bitcoin is a currency because it tranfers funds online.

[samuraijin]

In my opinion, bitcoin is an asset by which we will benefit / invest our money in bitcoin and I think bitcoin will also be a global currency for the future if it is really good for official country currency but it will take a long time to choose bitcoin. As the official currency because bitcoin value is still not aware of its stability and does not harm those bitcoin users if it is successful period of perfection bitcoin as currency

[pat4cryptoreal]

Bitcoin can be seen as a currency and also as an asset. currency is always use as a medium of exchange, from all indication bitcoin is serving this purpose in cyberspace. Bitcoin is an asset because it has value, it can generate income,  it can serve  as investment if someone  really to have patience and bear the risk if it happen that the price falls.