Is Bitcoin a currency or asset?

[Makingmoney2018]

Bitcoin is defined as digital money within a decentralized peer-to-peer payment network. Bitcoin is still small relative to the size of other asset classes and, thus, does not pose an immediate risk for monetary, financial or economic stability. The question of whether bitcoin is a currency or an asset and, more specifically, what is its current usage and what usage will prevail in the future. The statistical properties of bitcoin and find that it is essentially uncorrelated with traditional asset classes such as stocks, bonds and commodities, both in normal times and in periods of financial turmoil. Bitcoin accounts shows that bitcoins are mainly used as a speculative investment and not as an alternative currency and medium of exchange.

 

[aileen393332xe5157]

To me, Bitcoin is a currency used to pay bills quickly, easily, safely and economically. But Bitcoin is also a valuable commodity to accumulate and trade in the market and it has a rising value over time.

[wahyu5]

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

Bitcoin actually can take function as a digital asset and or digital currency. It depends on where and when we use and need bitcoin in our daily life. We can use it as investment asset or digital currency to buy or pay something.

[carens]

I think bitcoint can not be a currency because not many know bitcoint, I think personal bitcoint is an asset because many people are investing in bitcoint.

[ClaraLuV]

Bitcoins can be considered as currency as well as an asset at the same time as bitcoins is a store of value, every year the price of bitcoins increases every year which makes it an asset or something of store value which means as years pass by the value of bitcoins increases  and makes it a good investment commodity. The early investors of bitcoins are millionaires of today which proves that bitcoin technology can help people to change their lives entirely.

[Mr.John19]

I think bitcoint can not be a currency because not many know bitcoint, I think personal bitcoint is an asset because many people are investing in bitcoint.

I understand you but For me, the bitcoin is the currency. Numerous individuals acknowledge bitcoin utilized as a part of everyday trading. It can utilize it to purchase something stuff when you trade it in fiat. Bitcoin is extremely adaptable regarding use. No matter what it is. The most important things are bitcoin can help us to be rich later on.

[harbin55]

Bitcoin is both currency and asset. Bitcoin is a currency because it is a type cryptocurrency coins which has a real value that you can use in purchasing.
Bitcoin is an asset because it can treat as your property. It has a real value and it has a large amount than to oir traditional money.

[olatslodi]

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.

[andyhooton]

I have same sort of thinking in this regard. Money or currency is a medium of exchange, a very basic definition of these words.  Bitcoin and all other alternative coins fulfill this purpose. So we can say that these are currency but just in digital form. 

[Lady Coquet]

Well, in my opinion I would definitely consider bitcoin as an asset functioning as a currency, sound complicated right. Well, based from the definition itself of asset, it is something owned by a person or something useful and/or valuable thing, so, in some matter bitcoin could be an asset when bitcoin would be in property of a specific individual and definitely a currency because it functions as a money.

[Olivian]

I think Bitcoin is an asset for many of us.

For me Ethereum is a currency because you can use it for buying Altcoins.

Will live and will see..

[coinbitrade]

I agree. Bitcoin can be a currency. But it has more volatility than classical currencies. It is very difficult to conduct transactions when the price is constantly changing. And every day you can regret the transfer of bitcoin. But the investment bitcoin is very good. Because you can buy bitcoin and wait a couple of years to then sell at a higher price

[imking]

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 

When you say currency, it means you can buy this thing on the store. While when you say, asset means this is things have a value in the future or can get an income from it. After year or months or maybe a week.  Did understand what I mean, the bitcoin can be asset and currency. When comes usage of the bitcoin there are allot things we can do.

[calum holding25]

Bitcoin is not a currency nor asset it is a crypto currency

But if you own the Bitcoin with your surplus money and you hold it can be a big asset for you as if you see the performance of its past and current rate

[toral host25]

bitcoin is a digital currency that works like a real currency may only use different, but for now bitcoin is more likely to be made as an asset because of its high value so that many of the users who use bitcoin for business purposes because of course very profitable for all users .

[heidikarenina]

definently an asset. It's the perfect store of value. The fundamentals in bitcoin is like nothing we have seen before.

[Hillthy]

I think it is money and also property. Depending on the perception of each person that gives it its own unique concept. Bitcoin is the number one currency and also the most preferred form of investment. In addition to this, investors or users can sell the types of assets they have to buy bitcoin for their intended use or investment. It is like a kind of informal property.

[kim owen]

Bitcoin reflects the definition of a currency as it can be used as money in any field today and is based upon the value of USD or other currencies.

[summerbray]

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.

[dvmd]

Bitcoin is both currency because it is a currency in the internet market and asset because you may have a profit if you hold it for a time but what is the relationship of currency to asset?