Is Bitcoin a currency or asset?

[Bakemat]

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 Bitcoin is both asset and currency . Asset because you are going to save it , treasure it and value it in the next future. Well Bitcoin is valuable and useful in many aspects that is ehy i think you can think of it as a asset. Currency because we accepted it as a form of money in terms of digital currency or crypto currency . So its better to say that Bitcoin is a asset and a currency. So lets invest in Bitcoin.

[conceivedspoon2]

It is both a currency and an asset. The dynamic of the world is changing.Parents who invest in crytocurrencies only need give their family members necessary sign-ons and with this, you can access the currency. It is a digital currency and also an asset though its an intangible asset.

[Awnar]

Bitcoin is yes and indeed an online currency which we can use to buy things not just online but also to the stores which is already accepting bitcoin as payment and bitcoins are also an asset which the price keeps increasing and its value is getting higher making bitcoin one of the most favorable online digital asset. As long as you are able to maintain a good amount of bitcoins then you will see great results.

[RayvenPierre]

For me bitcoin can be considered either a currency or an asset. That is because some people are already using bitcoin to purchase online and it is even used to buy goods in Japan. And as an asset it can be used as a trading chip but for me I'm looking at it as an investment and will continue to hodl it.

[jasonjm]

Bitcoin is both a currency as well as an asset. Bitcoin is currency because we can use it to buy things and help us a way out in trouble situations. Bitcoin is an asset as well, it is profitable when we hold bitcoin for short term and long term.

[AverageGlabella]

Assets generate money passively. Bitcoin doesn't do that and therefore is a currency and not an asset.

[splat44]

Bitcoin is a currenct as well as asset. well remember this Bitcoin will be last choice of people when the world goes crazy. Bitcoin has very important role in our society and in the future bitcoin will help to resolve corruption.

[Hobo66]

Bitcoin would be voted as an currency for trading in virtual world exchange market.
An asset is something you keep on a self for achievement otherwise known as an "Token" you can store in your wallet.

[Ingoats]

I can see Bitcoin in between being an asset and being a currency. Bitcoin is technically a currency, more of a digital currency. But since its market value is increasing, it became an asset that is good as an investment. But for those people who are living on countries where it is already legal, it is more of a currency since they'll be able to use it directly to buy things that they want as a normal currency.

[greenpips]

Bitcoins are mainly used as a speculative investment and not as an alternative currency and medium of exchange.

[Larva14]

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

I agree that, it widely used as currency where you can exchange your bitcoin into some stuffs. In addition to that, you can also used it in different kind of transactions like paying bills and shopping on online market. Lastly, you can simply say that bitcoin is also a good investment because it will help you to multiply your money.

[Jessica2009]

Bitcoin is a digital money with decentralized net work.Bitcoin accounts shows that it is mainly used as a speculative investment and not as an alternative currency and medium of exchange. A minority of users, both in number and bitcoin balances appear to use bitcoin as a medium of exchange this shows at present Bitcoins are held for investment.

[NightCloudz07]

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 currency and bitcoin gives more money to success many people belongs to it and also a great compassion to all

[AjithBtc]

During the initial days bitcoin got used as storage token which have small value. With this it got used as an way to get out of the taxation, as it can be held anonymously. Later when days passed its usage grew in various forms. As a part this has gained importance as currency with online stores accepting bitcoin increasing regularly. But majority of the people give priority as an investment rather than a currency.

[NightCloudz07]

many people say bitcoin is gold, because it has a mining system. just like gold, looking for gold through mining. packaging is an asset, so bitcoin too is an asset because it has many similarities. one of which is mining

many people says that bitcoin is very good because this is investing and earning a money

[Ahiaba]

Bitcoin main purpose was to server as a currency but based on its current high demand by so many people and limited supply bitcoin has made it to be growing fast in value, and that make people to believe that it also serve as an assets because of its growth in value over time.

[miss.M]

We all know that the meaning of bitcoin is a digital currency and we can use it as paying online transaction same as what our local money can in buying some goods, the only difference is we can use local money offline unlike in bitcoin is online. But we can say that bitcoin and is also an asset because of their other characteristics.

[Targusluxe]

For its an asset. Its like a treasure for me the longer i hold it the more value it gains. I will wait for few months or even a year before i withdraw my bitcoin.

[IanRidgwell]

We all know that the meaning of bitcoin is a digital currency and we can use it as paying online transaction same as what our local money can in buying some goods, the only difference is we can use local money offline unlike in bitcoin is online. But we can say that bitcoin and is also an asset because of their other characteristics.

Yes that is right to say that bitcoin is a online currency that we already use for online purposes. In fact in present time the bitcoin users are not so much therefore we are mostly using bitcoin for trading and investment purposes, but in future we can expect that withn increasing number of bitcoin users,It will become more common to use bitcoin for shopping online.

[luigidosado]

How about an asset and at the same time currency? Bitcoin can also be compared to stocks in the stock market, bitcoin's value reacts depending on the situation or market around bitcoin. Its value also fluctuates just like the stocks in the stock market. But also, bitcoin is also a digital form of currency. As you put money into bitcoin, you can see it's value from one currency to another currency. We can say its an asset because people invest on it and at the same time we can make transactions using it as a form of money or currency.