Is Bitcoin Really A Currency or An Asset?

[Forbiddenone]

bitcoin has become a asset rather than currency for day today purpose.it is most profitable asset and attracting trader to invest in it rather go for stock or forex. price has pumped to a high value so we can not take it as currency similar to other digital currency.people are now buying it and holding it just as do with valuable assets in hope to get more profit in future.

[wowanstrong]

I believe that more users view bitcoin as an asset in order to earn as much money as possible. As a currency, you can not use it anywhere yet, due to the fact that many people have not heard about it.

[balakang00]

Well, it is definitely both. It is a currency because it is a cryptocurrency and it is an asset because it can be used as an investment and is a great help financially.

[uztre29]

Yes, it is a currency. Bitcoin is a form of digital currency. It is used for transactions. But since its price becomes high, people took this as an advantage. They made bitcoin as an asset. People invest on bitcoin because they know their money will multiply easily.

[assyla]

Bitcoin has been touted as a crypto-currency, capable of replacing fiat currencies but the reality today is that most people prefer to hold bitcoins rather than spend it. Can we really say it si a currency when a large number of bitcoin users treat it as an asset?

Bitcoin is a currency, a cryptocurrency. In which it is in the virtual world that use to buy anything in Internet. Because of the characteristic of bitcoin that has a high value than other currencies. The users take this opportunity or advantage to keep it and make it an asset.

[ShadowBits]

Bitcoin has been touted as a crypto-currency, capable of replacing fiat currencies but the reality today is that most people prefer to hold bitcoins rather than spend it. Can we really say it si a currency when a large number of bitcoin users treat it as an asset?

Its a currency and an asset. its a digital currency that you can convert into cash that makes it an asset to everyone who holds it.
its really a favor to us investor to be able to know bitcoin and sorry to those who still thinks its a scam

[Potentiam]

I see there is a misconception, born out of the evolution of bitcoin. Bitcoin was created as a currency, a vehicle of exchange. However it has morphed into something a bit more complex. It is neither an asset or a currency. It is a currency and an asset. Its definition depends on its use by the end user.
But in current times its morphiing into more of an asset. Its cap and inability to freely mint more coins is the nail that will always ensure bitcoin is more of a commodity than a currency as it is the perfect commodity where price is affected directly by demand and available supply.
It will always continue to increase in price as the world continues to adopt it and its number is limited.

It can only be considered a currency in micro quantities.

Sometime into the far future once online user adoption is close to or surpasses 90% we shall see a possibility of it becoming a currency. However that is a very long time into the future and the world is more likely to witness new currency that fulfills the criteria of a currency that instills controls to stabilize its value.

[anelenaniku]

In my opinion is more real than fiat currency, if you study how fiat currency is made today btc is much more real and is international currency, no other currency is so international like btc.
Cyprto currencies unfortunately is the future of the real economy

[Skieleton]

I see there is a misconception, born out of the evolution of bitcoin. Bitcoin was created as a currency, a vehicle of exchange. However it has morphed into something a bit more complex. It is neither an asset or a currency. It is a currency and an asset. Its definition depends on its use by the end user.
But in current times its morphiing into more of an asset. Its cap and inability to freely mint more coins is the nail that will always ensure bitcoin is more of a commodity than a currency as it is the perfect commodity where price is affected directly by demand and available supply.
It will always continue to increase in price as the world continues to adopt it and its number is limited.

It can only be considered a currency in micro quantities.

Sometime into the far future once online user adoption is close to or surpasses 90% we shall see a possibility of it becoming a currency. However that is a very long time into the future and the world is more likely to witness new currency that fulfills the criteria of a currency that instills controls to stabilize its value.

Campaigns are systematic. With projects is different. You can earn as good and only lose time. The more time you spend, the more money you will make. On the top of the skirt on the rank subgenre.

[carrie_white]

I think both are true, it just depends on how each individual's perspective view. because everyone's thinking must be different. and for my own personal thoughts I think bitcoin is an asset

[Chrystora123]

i think Bitcoin is both , Bitcoin is a really a Currency Asset , little by little i safe some Bitcoin for my future , my prediction Bitcoin price will rise in future , and i do not want to missing this opportunity ..

[Wintersoldier]

I treat bitcoin as both currency and an asset but yes it is true that many people consider bitcoin as profitable investment opportunity with moderate risk of loss.

Looking at trading chart for bitcoin, anyone can notice how much profitable it is to just buy and hold bitcoin rather than spending in daily basis.

The best thing about bitcoin is the thing that you could actually used it depending on you needs and wants. For us we could actually simply used Bitcoin as a form of transaction specifically on trading which could give us an extra opportunity for us to earn. And with that we coule actually earn and bitcoin could serve as an asset for us.

[tevayo]

i think Bitcoin is both , Bitcoin is a really a Currency Asset , little by little i safe some Bitcoin for my future , my prediction Bitcoin price will rise in future , and i do not want to missing this opportunity ..

Bitcoin is the currency of the internet and an asset also, as it's price increases with time so it is also an asset.

[ropyu1978]

bitcoin is a phenomenal digital currency, the bitcoin revolution evolves over time, becoming big and triumphant. this is why bitcoin is often asset for the people involved.

[josucoin]

It depends on the purpose of the person, there are people who keep BTC as a retirement or extra income, but there are those who actually live on the market. So the BTC can be a temporary resource or a currency for day-to-day consumption.

[Fida-crypto]

In my opinion i think the bitcoin is asset In this time because it  is incrase avery moment and i hope the people feel more safed about it

[Dudeperfect]

It is really a confusion among the public and even government is not able to take the concrete stand on this particular topic. Under the existing law of my country, Bitcoin can be classified as a currency because it has some value and we can transfer it with flexibility. Bitcoin can be classified as a commodity because one can store the value in it and Bitcoin can be classified as a computer software too because ultimately it's a computer software. I think it is more like a currency rather than other classifications of it.

[rb26]

Bitcoin has been touted as a crypto-currency, capable of replacing fiat currencies but the reality today is that most people prefer to hold bitcoins rather than spend it. Can we really say it si a currency when a large number of bitcoin users treat it as an asset?

Bitcoin is a currency, there is no doubt about that because that is what it is. Satoshi designed it to be a digital cash, thus a currency. Bitcoin is just behaving differently from what it should be. It is behaving more like an asset than a currency because of its high volatility. But there remains a fact that we can use Bitcoin to purchase goods and services, thus it indicates that it has a characteristic of a currency. It is hard to point what it is since it possesses dual character. I believe it is a currency and an asset at the same time.

[Dobmader]

Yes, it is a currency. Bitcoin is a form of digital currency. It is used for transactions. But since its price becomes high, people took this as an advantage. They made bitcoin as an asset. People invest on bitcoin because they know their money will multiply easily.

well! It is very difficult to decide because for me bitcoin is the both because it is the asset and the currency at the same time, because being asset a lot of people use to preserve their bitcoin. As the currency it is being accepted to buy things in the global world. The reason behind this is that it is the transaction speed is now very high and it is easy to use as compare to the other currencies.

[asus09]

Bitcoin has been touted as a crypto-currency, capable of replacing fiat currencies but the reality today is that most people prefer to hold bitcoins rather than spend it. Can we really say it si a currency when a large number of bitcoin users treat it as an asset?

when bitcoin becomes a commodity of income for a person. I think they will conclude that bitcoin is an asset. and when people say bitcoin virtual money, then bitcoin remains a virtual money.
I think it's about a person's threshing. no more.