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Author Topic: Is Bitcoin a currency or asset?  (Read 12745 times)
phpdev3
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November 27, 2017, 01:51:00 PM
 #581

To me, bitcoin is both. As I can use it to buy and sell, it is currency and as it can be held, then it is an asset.
ucingucingan
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November 27, 2017, 02:00:40 PM
 #582

I think bitcoin is better to be an asset and not a currency because if it becomes currency will be owned country which country, and if in use in a country then will weaken currency of that country.
bce
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November 29, 2017, 12:44:15 AM
 #583

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  Smiley Wink
I think bitcoin in my country can not be said currency because it has not been able to make buying and selling transactions may be for now I consider bitcoin is an investment asset that in my opinion so for the question bitcoin the currency or assets I think the answer depends on our country
helars2008
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November 29, 2017, 01:10:10 AM
 #584

For me as of today people treats bitcoin more of an asset rather than currency. Due to the fact that most if not all of the people who has bitcoin is not usually using it in exchange of goods and services they wanted to procure and the reason is obvious there is not much of a stoe or shop that readily accepts bitcoin as payment yet. You still have to convert it back to fiat before you can purchase something.

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jayco25
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November 29, 2017, 01:15:04 AM
 #585

Bitcoin is a digital currency and asset as well. Many country right now used Bitcoin as mode of payment for coffee shop fast food grocery etc. people today also rather that to kept there asset in a bank they invest to bitoin
BlockMedx
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November 29, 2017, 01:21:51 AM
 #586

It's both!  Similar to gold, it can be used both as a medium of exchange (currency) and as a store of value (asset).  It's such an exciting new class of financial instrument!  I don't think we've seen all that it can do yet...
contecsion
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November 29, 2017, 01:25:54 AM
 #587

In my opinion bitcoin is a kind of property. I am very confident in this type of property. Bitcoin has exceeded $ 10000 and continues to increase. I think that in 2018 will be a strong development year of bitcoin in particular and crypto in general.
Tiktik
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November 29, 2017, 01:27:31 AM
 #588

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  Smiley Wink
bitcoin is cryptocurrency or digital currency that have a value in real money so this is also called an asset because people used this like paying etc. and bitcoin is very profitable because bitcoin is very helpful to all people to reduce their poverty.
overcliff433
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November 29, 2017, 01:46:23 AM
 #589

Well you need $1 million  to make your own currency
odakorlina
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November 29, 2017, 02:30:20 AM
 #590

I would say it's both. Every currency is an asset since we own it. It is really a good assets to have extra income that can make you provide the daily needs of the family. Bitcoin is a good way to invest money because it keeps on growing year after year. So, generally bitcoin is not an asset, we considered as a normal currency.
James ssi~
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November 29, 2017, 03:12:22 AM
 #591

Bitcoin is going to be the most popular and widely used currency in the world bc of its secure transactions and advatanges. It can also define as an asset that can be converted to cash.
zombie6
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November 29, 2017, 08:59:29 AM
 #592

it is a currency asset, which is very easy to buy and sell!
NikitaSkublov0202
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November 29, 2017, 09:15:05 AM
 #593

it could be both, bitcoin is the best currency, most reliable and it has more plus sides than other currinces
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November 29, 2017, 09:16:33 AM
 #594

Bitcoin is both a currency and an asset. It's a currency in the sense of being a medium of exchange and for transaction, and an asset by its increasing value which an asset is conventionally known and identified with.

true, bitcoin is a currency as well as an asset. because of the problem of legality, currently in some countries, bitcoin is more functioning as an asset that has high selling value.

Snub
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November 29, 2017, 10:51:34 AM
 #595

I think it's more like an asset, or stocks.
it is not a currency it is an instrument for investments
hxk451
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November 29, 2017, 11:05:49 AM
 #596

BTC is both money and Asset. In any case, first all individuals realized that BTC is a digital money. Be that as it may, now BTC cost is so high. So now BTC is one sorts of benefit. Individuals hold BTC for benefit. Asset likewise hold for benefit. Presently BTC is most well known digital money. In the event that cash is resource then BTC likewise a benefit. Since cash and BTC both are money. Presently BTC holding is an extraordinary business. So I think BTC isn't just a money it is additionally a benefit.
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November 29, 2017, 11:19:19 AM
 #597

Both in the sense that, bitcoin has been used as a payment especially online sites so I consider it as a currency and because of the increasing price of bitcoin it gives profit to the holders making it an asset too so for me bitcoin is a currency and at the same time an asset too.

deppil
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November 29, 2017, 11:21:19 AM
 #598

Bitcoin is a digital currency and asset as well. Many country right now used Bitcoin as mode of payment for coffee shop fast food grocery etc. people today also rather that to kept there asset in a bank they invest to bitoin
yeah bitcoin can be used for both, you can use bitcoin for your future assets or use bitcoin for payment method. but what I often see here is that more users use bitcoins for assets or investments. because bitcoin is very profitable and bitcoin is also well known as a potential commodity
kingragnar
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November 29, 2017, 04:06:01 PM
 #599

Bitcoin right now is clearly an asset, an investment and bitcoin is a digital currency so only those who know it are very few people and there are countries that do not know it, so not all the things that buy bitcoin.But many exchange The internet spreads you can exchange real money you spend on what you need in life.
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November 29, 2017, 07:41:25 PM
 #600

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  Smiley Wink
An asset is something that has value and can be sold for money. Currency - this is what is accepted as a means of payment (not to be confused with money - this category is wider than the currency). Bitcoin is both an asset and a currency, but at the moment there are more assets. Because there is a small number of places where they can be accepted for payment
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