Is Bitcoin a currency or asset?

[Mame]

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 

Well for me you could consider is as currency and asset as well. Because you can buy things online  or convert it anytime. As an  asset for the fact that if you are going to keep your bitcoin and wait of a while that the value of bitcoin will increase it is just like investing in a  stock market.

[cjinny]

I regard the button as an asset and currency. When viewed from the advantages of having bitcoin, everyone would agree to call it an asset. On the other hand bitcoin is very useful for any transaction that receives it, it is like a function that is now beginning to be replaced by digital currency.

[anitaraymonds]

I see Bitcoin as both asset and coins  but Chief coins. Since Bitcoin is liquid in the market experience cryptotrader will always buy and hold when
price deep and sell when there is an increase in value and that is asset for me.

[EXITCORNER]

for me btc is currency. similiar with forex
asset more life real thing like properties, gold, car, etc

[xiboothrezi]

for me, bitcoin is an asset. I want to collect it for savings. when the price is high, it is sold. then saved again. besides that, bitcoin space as a currency in my country is still limited because there is no legality daei government. so I use it more as an asset.

[Wagako]

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 .

Yes they are the same it could be a currency or an asset. Bitcoin is really an asset because if you keep it you will secure your future. You can also use it buy online or even in investing online.

[alexjhons]

Despite what critics may say, Bitcoin also has potential as a currency. New companies have been created to allow Bitcoin to be used in a much more user-friendly, currency-like fashion than was previously possible.

[farhan28]

Bitcoin is both currency & asset

bitcoin is a digital currency...it can be converted anytime..it will be a leading currency in future

keeping bitcoin,it will become asset in future..because the price is daily rising..

[novhitadaloma]

bitcoin in my opinion is an asset that I have, because it has a very high selling value.
 

[Tapyaks72]

Bitcoin is both currency & asset

bitcoin is a digital currency...it can be converted anytime..it will be a leading currency in future

keeping bitcoin,it will become asset in future..because the price is daily rising..

Yeah it is both currency and asset, because if you keep it, it is a virtual asset that you can keep  it in your virtual wallet .

Currency because it just like money you can use as medium of payments.

[DyllanGM]

For the moment I always see bitcoin as an asset but not exactly a currency. Everyone is investing in bitcoin but they are holding it for future fortune and never spending it. If it is really a currency then everyone should be using it buying things that they could using bitcoin. But that is not the case, theres not yet a lot of businesses accepting bitcoin as payment for their goods. There come a time maybe that it will happen, bitcoin as a functioning currency, but for now, its not.

[jc89]

Like most of us here I firmly believe that bitoin is both currency and an asset.
It is considered as currency because it can be used in purchasing and transacting with various establishments or people that accept btc as payment. It can also be converted to fiat in case you are transacting with someone that only accepts cash.
Bitcoin is also an asset like real estate, gold or other stores of value. The nature of Bitcoin as a commodity that can be purchased and stored safely is one reason it's considered as an asset.

[IanRidgwell]

For me it's an asset, you invest your money using bitcoin because of its high price, or is it the other way around? You invest your bitcoin to earn more money? You still buy bitcoin to invest it, then you'll sell it, making it more obviously an asset. But there are some circumstances that bitcoin become a medium of exchanging money or product, bitcoin is used as payment or transactions. Since bitcoin is unstable and can change amount in any minute people find it  difficult to transact. So it's commonly used as an investment.

For me bitcoin is currency and asset both because first thing about bitcoin is this is a digital and cryptocurrency namely    and also used as by a lot of people as a currency so we also called bitcoin and currency but asset also because the reason is bitcoin is also used for many things like shopping and the other way is to exchange that bitcoin into fiat and get money which will be able to used for anything.

[brainape]

In my opinion, Bitcoin is both of that currency and asset.I believe that Bitcoin will the leading position in upcoming future.so i can say that if i have many bitcoin,it will a huge asset of my life.

Bitcoin is a unique thing I have ever seen because bitcoin can fulfills all the needs of all people who invest and give then everything what they want. Bitcoin is like a book because book will make you what you want and like a friend that’s how bitcoin help people and make their futures. Bitcoin can be used both as a currency and asset.

[zais]

Well, I also see that bitcoin will be one of the most widely used currencies in the future. Because with the many advantages that are much better than the other currencies give the bitcoin a very big opportunity to be popular and used, even now I get the information that BAnk swiss in general sell Ethereum, bitcoin and bitcoin cash to its customers. So, we see in the future will definitely be much bigger

Bitcoin has value because it is as valuable as money. Bitcoin has the properties of money (durable, concise, exchangeable, rare, divisible, and recognizable) based on mathematical formulas rather than based on physical form (such as gold and silver) or confidence in the central (such as fiat currency).

[Astvile]

bitcoin is both an asset and a currency. it is a currency because people use bitcoin as payment, may it be legal or not. bitcoin is used for transaction, trading. people earn from bitcoin not just by mining, thus making itself an asset. bitcoin is very flexible in terms of usage since it has a lot of potenial to offer.

[hynext]

for me i choose both, currency and asset. currency because you can buy anything online and for asset you can hold the bitcoin to raise high value.

[musharaf]

Yes bitcoin can be your currency and asset both in a sense through this we can buy things online and through this we can purchase a property online. It is also our personal asset and it can be hold in our hands for a long period of time. It can be said as the liquid asset because at any time we can exchange it into other currencies.

[alkiw21]

currency or assets. I think bitcoin is in second position. bitcoin can be traded. make payments or transactions. even invest. a clear bitcoin is worth using. I think that's an opinion.

[taiwww]

Bitcoin currency or an asset, It has both features of both asset & currency.
But bitcoin is more as a currency than as an asset.
Volatility in price is the main future of any currency.
Volatility of gold averages around 1.2%, while other major currencies average between 0.5% and 1.0% and of bitcoin is 4.6%.
Even though bitcoin is the most popular safe, autonomous currency.
Japan have accepted it as a legal tender and promoting it by opening ATM centres.
Like other currencies bitcoin is used for buying various goods and services, can be exchanges with currencies.
It can be traded in market like other currencies.
Many countries are not accepting or allowing bitcoin as a currency of trade.
Since its introduction its value has almost quintupled, and it still posses the potential of going much higher.

https://www.buybitcoinworldwide.com/volatility-index/