Is Bitcoin a currency or asset?

[codpku]

Yak bitcoin absolutely was currency, but if you have lot lot bitcoin you can call it an assets
Assets that you can sell it if you have to need cash immedietly

[JesusCryptos]

I'm sorry for those who dream about Bitcoin being a currency, but it really is just only an asset now, which is used as a store of value and for sheer speculative purposes. Even only for the very high fees, it cannot be used as a currency right now.

[Tonestra]

For me, bitcoin performs both functions, as a means of payment and also as an asset class. Diversification of my portfolio with other assets also helps.

[mejalipat]

I think bitcoin can be both, can be a currency and also an asset because bitcoin is our valuable asset for the future and can also be used as a currency to make payments, of course for those who receive bitcoin as payment or we can exchange it into an official currency

[Cryptalking]

good question. I think its actually both. an asset is something you invest in which makes you more money overtime like an investment, building etc. i think an investment in currency is also an asset which makes you money overtime. so maybe not a direct asset because no one pays you for it BUT it will make you money over time so an indirect asset? lets the forum be the judge hehe

[Mumbeeptind1963]

Bitcoin is both used as a currency as well as an asset which increases in value as time passes by due to increased number of bitcoin user's. As the price of bitcoins increases it attracts more and more user's to the bitcoin network which helps in increasing the demand of the bitcoin network and naturally leads to   increase in the value of bitcoins. Bitcoin network is a decentralized network so there is no need for third party involvement in sending and receiving bitcoins all over the world.

For me they both currency and asset. Currency because it can use it to buy something stuff when you exchange it in fiat money. And asset because you can have profit from it through investing in your bitcoin.

[mayidid]

The answers to this question is bitcoins can be asset and currency, actually depending on the users of bitcoins what will be done with bitcoins, although the main purpose of bitcoins is currency doesn't mean it is must. Because Bitcoin is based on the community they are free to consider bitcoins as an asset or currency, that is uniqueness of bitcoins everyone can be free to participate giving their opinions about the bitcoins.

[Pancheng]

in our country it was temporary proclaim that bitcoin is intangeable asset and they are looking and investigating some way to protect the the investor's ownership over it.

[ajcute018]

For me, it is a currency that can be an asset, because you can use it until you think it's time to dispose it, until it is on it's highest peak.

[kuncimobil]

In my opinion, bitcoin can be a currency because you can buy something with bitcoin and can also be an asset because bitcoin is an asset for the future at a price that will always rise and profitable.

[owolabiayodele]

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 

Its both

[Epimetheus]

Though in the future it can become a mainstream currency, at present due to the market price of bitcoin being volatile, it is a speculative asset. Also, having a blockchain of 10 minutes its transaction speed is very slow. Along with this, the transaction fees of bitcoin is very high. As long as these issues are not sought out and bitcoin gains some stability in the coming years, it will only be a good option as an investment but not as a currency.

[cherryscarlett]

I personally feel that bitcoin can only be an asset, not a currency, because the currency won't be so volatile.

[Sallysakky]

If you buy flat, house,car or something expensive BTC is a perfect currency, but for the simple daily purchases the commissions leave much to be desired.
Now it's more an investment asset than currency.
But I think soon situation will change, there are many promising projects for faster,cheaper and easier transactions.

[Fasdartin]

In my opinion, bitcoin can be a currency because you can buy something with bitcoin and can also be an asset because bitcoin is an asset for the future at a price that will always rise and profitable.

Currency means can buy in store and convenient to use but bitcoin it cannot use maybe if you exchange it in fiat. While asset means something that is owned by a person. So for me it is both currency and asset but in different ways of using bitcoin.

[LovelyFLOWER]

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 already consider as a currency because of the reason that many of the contries using  bitcoi as thier life supportand or just simple called as the money that used to buy food and anything they want for. Many country recognized the value of bitcoin and it can also used in physical needed and wants. Bitcoin can also be an asset when you are able to grow that money from money to form more money. That what the reason that it was consider to be an asset but its just an optional.

[randal9]

at the moment I can only use it as an asset...when the fees for transactions will settled, then I can say that bitcoin can be a currency for me

[Mjeramirez]

I believe that bitcoin is designed to be a currency as an alternative to paper money, in order for our currency system to be adaptable to the social change brought by the internet. A decentralize money which ensue no one can manipulate or control. But right now, as the value of bitcoin began to increase, people make it an asset where people can invest just like gold. So I think bitcoin has adapted as well to be both asset and a currency.

[Xising]

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 honestly think that bitcoin is more of a asset and a little bit of a currency. It is still a currency for the very reason that you can use it for payments and forms of transactions. Now, it is more of an asset because you can actually invest on it and do a lot of things in it such as earn money through investment or get involve in trading.

[ongels]

For me, bitcoins can be used as a currency and also as an assets, There are many instances that bitcoins are very versatile when it comes to usage, remember its advantages stated in the threads, There's no need to elaborate further:)