Is Bitcoin a currency or asset?

[Hotel_Prodeo]

I think both are true, because the currency can be used for transactions and buy whatever we want, while the assets because it can be calculated in value, I will make bitcoin as a future asset.

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[PhucS]

This question can really be confusing to many people. But in my view Bitcoins carry more of a property than a currency. Bitcoin has very few basic features needed to become a currency, that can meet modern economic development needs because Bitcoin is just a code sequence created by complex algorithms. They are not issued or controlled by any central bank, this is mandatory for a currency. Transactional identities are hidden by virtually impossible ciphers, but in general, the virtual currency system works well and is growing rapidly.

[Andre#]

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.

Bitcoin is an asset in future, I believe Bitcoin can become a famous asset like Gold in someday.
You can see its value from 2009 till today, yeah, no one can negate the fact is the price of Bitcoin had increased a huge percents.

[crazycatwoman03]

This question can really be confusing to many people. But in my view Bitcoins carry more of a property than a currency. Bitcoin has very few basic features needed to become a currency, that can meet modern economic development needs because Bitcoin is just a code sequence created by complex algorithms. They are not issued or controlled by any central bank, this is mandatory for a currency. Transactional identities are hidden by virtually impossible ciphers, but in general, the virtual currency system works well and is growing rapidly.

The question  really is confusing. We have a different view in answering  this  question.  For me,   bitcoin is a currency only virtual and not a regular currency but bitcoin is mostly treated as an asset because it is a good investment. Many choose to hold bitcoin because its market price continuously go up and this is a good advantage if you have hold bitcoin for a long time.

[Casabrandy]

This question can really be confusing to many people. But in my view Bitcoins carry more of a property than a currency. Bitcoin has very few basic features needed to become a currency, that can meet modern economic development needs because Bitcoin is just a code sequence created by complex algorithms. They are not issued or controlled by any central bank, this is mandatory for a currency. Transactional identities are hidden by virtually impossible ciphers, but in general, the virtual currency system works well and is growing rapidly.

The question  really is confusing. We have a different view in answering  this  question.  For me,   bitcoin is a currency only virtual and not a regular currency but bitcoin is mostly treated as an asset because it is a good investment. Many choose to hold bitcoin because its market price continuously go up and this is a good advantage if you have hold bitcoin for a long time.

It's a xrypto currency and an asset at the same time, having btc now can be an asset since it cam be considered as an investment and ww do earn and make it as business somehow.

[NerdYale]

Ive seen movies that really use bitcoin as currency, but not really in real life. As for the moment, I see bitcoin as an asset because people only invest in bitcoin to hold for future , not to buy things using bitcoin.

[Sithara007]

How can Bitcoins be considered as a currency, when the transaction fee makes it almost impossible to do medium sized and small sized transactions? And Bitcoins have given close to 3,000% returns during the last two years time period, which makes it one of the most attractive investment options available to the individuals right now.

[ljtronics]

Bitcoin has attributes of both a currency and asset, store of value, unit of value, divisibility, durability, fungibility, and verifiability. Because of volatility, right now bitcoin isn't a reliable medium of exchange, but in future as it becomes more stable it would be widely used as a currency.
Bitcoin as an asset, store of value. It is different from traditional asset classes in the sense it is not correlated to other assets. So bitcoin is a new asset class.
It is just my thought, i could be wrong

[Brandoncooks]

I feel like its definitely both. Its volatile state is a little unsettling but its upside allows it to be a strong asset and a currency that has the potential to hold its value.

[CryForA]

I like tokens as well as bitcoin, so I do not see any difference

[Macmelody]

From my own perspective, bitcoin is both a currency and an asset. An asset because it has worth and value, a currency because it is accepted as a means of payment and has monetary value.

[dreamer81]

With bitcoin there is no longer a difference between currency and asset.
Back in the days where you only had gold and fiat, it was clear to see the difference. With bitcoin you have both types in the same technology.

[Sadlife]

Your wrong bitcoin can be an asset and at the same time a currency that be used to send money/payments globally that is faster than an average transaction from other fiat payment processor like paypal and credit card and less transaction fees. Haven't you heard that bitcoin already graduated from volatility its just sometimes takes dip like all other resources they doesn't go forever increasing sometimes their prices also decreases. Bitcoin is a long term investment for investors that's why i also call it an asset.

[SaikiranChotu]

It is obviously currency.Asset is different from currency. Asset is a physical thing whose value increase gradually but cannot be traded for things immediately.
Currency on the otherside can be physical or of no form and could be traded for things easily.

[pecson134]

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 

I think I can say that bitcoins was a currency but not so much of an asset. Bitcoins was probably considered as a currency though a virtual one. What I don't think that I can consider was that it is a part of an asset because unless you had to cash-out or secure it just like on banks(in a form of money) then I can say that it is a part of my assets.

[dificanovi]

I think both are true, because the currency can be used for transactions and buy whatever we want, while the assets because it can be calculated in value, I will make bitcoin as a future asset.

I also consider bitcoin as a currency because it can be used to buy something like family necessities, but if the country has already inaugurated bitcoin. other than that bitcoin is just a digital currency that has no physical. bitcoin is also a currency that has a lot of assets.

[catvantuong]

While I have nothing against BitCoin, what is really interesting to me and speaks to its volatility is that on most market places that accept bitcoin, bitcoin is the only medium of exchange, but due to it's volatility is not the unit of account. Instead, most goods are priced in dollars or Euros as the unit of account and then users have to calculate the price in BitCoin to use as the medium of exchange. It's a pretty unique set up that underpins the challenges facing an extremely volatile asset trying to play currency.

[Illia_Kabiakou]

In my opinion, first and foremost, it is the currency that can be used for its intended purpose. But just as many use it as an asset for subsequent profits. So one person from the Netherlands sold all the property transferred bitcoin and lives with his family camping in the hope of soon

[Faxmate]

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 

It's an asset that you can convert to your own currency. Having a coin on your wallet don't cost anything until you converted it so it means it is an asset for now. Not much businesses accepts it in exchange of a product for now.

Well it’s a currency but its also an asset because bitcoin price is high than any other currency actually how I am using bitcoin as an asset I will tell you I always buy bitcoins when the price is low and when the price go high then sell it out and as a result it give me a good amount of money so I think bitcoin is also an asset and it’s a currency as well.

[Harlot]

While I have nothing against BitCoin, what is really interesting to me and speaks to its volatility is that on most market places that accept bitcoin, bitcoin is the only medium of exchange, but due to it's volatility is not the unit of account. Instead, most goods are priced in dollars or Euros as the unit of account and then users have to calculate the price in BitCoin to use as the medium of exchange. It's a pretty unique set up that underpins the challenges facing an extremely volatile asset trying to play currency.

Even if Bitcoin is volatile it is still counted as an asset, like any other volatile assets are out there like stocks and gold. This shouldn't be debated in the first place because even a simple fiat currency is counted as an asset of any person our company. It is the most liquid asset you will ever have as all people accept it (I am talking about Fiat currency).