Is Bitcoin a currency or asset?

[klarki]

I would like to give the currency of the Bitcoin currency or the answer to the question of existence, but I can not give any definite information because it is an unintentional int money between the countries but in the future Bitcoin seems to be taking the place of all credit cards.

This scenario is unlikely for a number of reasons.

[Tuesto]

BitCoin is now an investment vehicle but it will be a currency that will be valid all over the world in the future. But it needs some time for it.

[Dolarin]

This is not an easy question. It seems to me that bitcoin is an asset rather than a currency. Have you ever seen a currency which is worth 10 000$? In addition, bitcoin is inseparable from the blockchain, and can live only in the system, and currencies can easily exchange and live outside their "system" (country).

[VisibleWoodpecker]

For me, it's an asset and a currency

[Ronnieteo]

For me, bitcoin is a kind of currency because it can buy something, payment for your bills even though it is online transactions. If they used as currency that have a specific law in order to make it safe for the users or an asset where people can be able to have it without limitation

[Charleseses]

for me bitcoin is primarily a currency that is yielding good dividends. Perhaps in the future the percentage of dividends will be reduced, but due to the increase in rates income in Fiat currency will increase and it makes me very happy.Someone once spent about 10,000 BTC to buy pizza some time ago and now he must be regretting it forever.

[Louishuuny]

I can’t properly understand but one think to me I say with my knowledge is that bitcoin is always currency, and the thing is if we have savings then it became our assets, so as we all know that savings are currency,  I don't use bitcoin debt cards because the fees will add up quickly. I prefer ordering in ksrge quantity so the fee is small compared to what you oaying rather then lots of smaller transactions.

[Elliott3000]

There is no specific classification as to where the bitcoin belong whether its a currency or as an asset because it depends on how the owner will use it.I am investing in it so it is some kind of asset in some sense. I am letting it grow. I am also spending some little amounts of BTC for some needs whenever necessary. So it is also being used as a currency.

[tonmoycrypto]

I think bitcoin is primarily currency latter then it also as an asset, as the word says cryptocurrency it is currency, by which we can make an investment and can trade by using that can accumulate coins, once we accumulate that becomes an asset.

[Frederick123]

 It is no longer meaningless to look for a physical currency anymore, just the numbers normally seen in our bank account. Bitcoin is in that respect a much safer bet and since it can be used by anyone, anywhere, with access to internet, it is highly useful in that regard.

[NathanEthan5]

I use bitcoin as a currency now because I use it to pay my bills and other expenses but I still need to convert it to fiat to pay for those because they don't accept bitcoin as payment directly and they don't even know what it is so I have no choice but to convert it.I for instance don't have any plans of selling yet and so I'm holding my tokens for as long as I can and so to me it is an asset at the moment but when I decide to spend it will be my currency.

[Lewis6789]

 If other people seems to understand it in different way like no investments of campaigns, but the idea is wrong and for me you invested your time and your mental skills.it can be their assets too. thats the thing that i know and i believe. but whether they call them an asset or a crytocurrency i dont care as long as it has a value its my wealth.

[Blakekeke10]

It is obvious that Bitcoin is a digital currency having unique characteristics than other currencies.Right now, if you have a number of bitcoin you can consider it asa valuable asset than currency, i think that is the reason that koreans rather used bcc for their daily transactions

[RoryRoryRory3]

We can say that bitcoin is a currency and at the same time asset. Bitcoin is a currency because as we know it is a cryptocurrency and bitcoin can be used to buy things online.Actually bitcoin known as a currency but now days bitcoin likes a asset

[OllieOllielolo9]

It originally started out as a method of currency, but as people realised it's worth and got more interested, it's values rose as a currency.In addition to that, bitcoin is a digital money and currency that you can use in different kind of transaction.

[Sithara007]

The transaction fee had increased by manifold in December, and that is one of the reasons why Bitcoin is no longer being used as a currency. But I was checking some of the recent transactions, and I could find transactions paying fee as low as 0.727 sat/B getting confirmation in less than 10 minutes. The fee can't get any lower than this. But how long this is going to last?

[Penuzel]

for me i agree with that as of these days bitcoin is getting used as an asset.
 investor buys it with the concept of bitcoin's cost will constantly upward thrust proportionate to time.
maximum of this buyers does not intend to spend their cash in change of exact or services inside real economics in real world. therefore i believe it is more justifiable to call it as an asset instead of a foreign money.

[surfinonmyownwavebaby]

It functions as a store of value mainly and then secondarily as a currency. That can all change in a heartbeat though if and once Lightning gets activated. At that point the scales will tip and slowly it will start becoming currency again, but I don't necessarily think that lowers the value bitcoin. The utility in my eyes would provide great economic activity giving Bitcoin the recognition it deserves as a robust and transnational currency.

[Bountyhunter01]

I think bitcoin may be currency and assets.

[Yantoaja]

Bitcoin will be one of the most widely used currencies in the future. Because with the many advantage that are much better than the other currencies give the bitcoin a very big opportunity to be popular. Bitcoin is a currency because as we know it is a cryptocurrency and bitcoin can be used to buy things online, but soon bitcoin will be assets.