Bitcoin is an asset or currency.

[novhitadaloma]

Bitcoin is still my choice, because bitcoin has an asset and you can use it in the long run.
 

[1715023063]

1715023063

[1715023063]

1715023063

[1715023063]

1715023063

[1715023063]

1715023063

[roddy5]

I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??

Bitcoin is a crypto currency, it should be used as an online currency, but since it is still
on its starting stage where not much use is available for it, we can still consider the coin
as an asset that can be used for trading. the value will change from time to time until
 such time that it will be used as a currency.

[nesterpu]

I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??

I think it means both, it is both an asset for us to hold for a long time but it is also a payment currency.

[b1k4ng]

I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??

I think it means both, it is both an asset for us to hold for a long time but it is also a payment currency.

It is true. I also think so because as an asset will make a lot of profit for the owner. and I've tried it before and it's so good. i will try for more deep again

[DySWv]

Bitcoin is created to be paid for goods and services. But since its value is continuing to increase, it has become an asset. Therefore, it is both an asset and a currency. Bitcoin becoming an asset is not a bad thing. There is nothing we can do for that. Do not worry. Just keep on earning bitcoin and investing on bitcoin. Just go with the flow.

[Domenc]

Bitcoin should be considered as a currency because it the basic function why it was created. Bitcoin is meat to give peer to peer transactions but considering it as asset is totally an individual choice. Asset is something which provides regular profit at proper interval of times and due to volatility factor Bitcoin can't be considered as an asset as its value keeps on increasing and decreasing over the time leading to no proper Returns.

[thinkdifferent]

I think Bitcoin is both an asset and currency. Just like current Fiat, these dollar notes are your asset and at the same time also a currency. Bitcoin is Cryptocurrency too.

But for me as of now is only an asset because in my country I can't exchange to currency so easily yet.

[rexter]

If Bitcoin become a currency its value will be stable,so Bitcoin is an asset,base on my study and research there are two big problems with bitcoin as a currency,its value is unstable and its transaction processing is to slow.

[pathapoddo]

In every situatio,bitcoin is asset or currency.If you save them in your wallet then it is asset fir you.If you trading by them, it is currency.Its depends on you.

[nz_sana]

Yes, bitcoin is a wealth. Because it can be used instead of the currency. People have to buy something or not every day for the life of beggars and the money needed for it. But we have to use bitcoin instead of this money. Most people still do not know about it.

[Dudeperfect]

Well, there is a slight debate that Bitcoin should be classified as a currency, as an asset or a just a computer software. Theoretically, it fits in every section, However practically it was invented to solve the issues in the traditional fiat system so primarily it is a currency. Then, since users can store their wealth in it, it is an asset too and at the end, it is a computer software. Personally, I see it as a currency which might not be suitable for the definition of a currency we learned so far.

[Icaxx]

In my opinion, bitcoin is both like asset and currency. First goal of bitcoin was built is for currency that we can use for payment.
Now its also good for investment asset that can we hold for long term and get profit.

[Sithara007]

If Bitcoin become a currency its value will be stable

It is not necessary. Look at the fiat currencies around the world. For some of the currencies such as the RUR and UAH, the annual fluctuations can be more than 200% to 300%. Look at the case of the Russian Ruble. It's exchange rate against the USD went from 32 RUR per 1 USD to 75 RUR per 1 USD in less than a year. And in a few months, it recovered back to 57 RUR per 1 USD.

[Freshmen]

I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??

Usually its being use to buy service, but since people are trying to buy bitcoin join an investment like potential platforms, it could be an asset in the future. Bitcoin can also be a currency that use for buying as mentioned. And for the community itself,  this will be usefull for faster system of transactions which blockchain can provide

Bitcoin should to be an asset instead of a currency for payment system. An asset can has high value and will not depend on the fixed rates of the government, Gold and Dollar and Real Estate are the examples for you understand this theory.

Bitcoin can be asset if someone is using and holding it for long term for sake of bright and worry less future and more of it bitcoin basics is currency if we start using it like currency it will progress more and will be soon known as global currency so everyone will have to take and initiative to use bitcoin in daily life so that it can be used in either ways and believe me it gives benefits in both the ways so invest as well as spend.

[danggoron]

I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??

Bitcoin is a crypto currency, it should be used as an online currency, but since it is still
on its starting stage where not much use is available for it, we can still consider the coin
as an asset that can be used for trading. the value will change from time to time until
 such time that it will be used as a currency.

right, nowadays, bitcoin has not been accepted worldwide. so in my opinion more suitable for investment tool. prices go up and always experience a significant price increase every year.
someday, if bitcoin has been received by the world, I am sure that bitcoin can be the most popular alternative currency for transactions.

[Semaj123]

For me its a currency because its already been proven that you can change to real money.To make it as an asset simply just convert to real money.It depends on how you use your bitcoin, you may hold and invest it for long term or convert it to fiat and find a business that can  provide you a real asset.

[MaryCris]

Both. Bitcoin is attractive as an asset to hold because of it's scarce and the value of it is increasing. It is also a currency because it's can be used for financial transactions globally.

[wilwxk]

In my opinion the bitcoin is more a asset than a currency because there are more trade than the real use of the bitcoin as a currency, and the most of the traded bitcoin is not by the users, but of big investors wich are trying to make money with it.

[nurulbd]

I think bitcoin is an asset for me.Because i got currency from bitcoin .As a result i have a solvent due to bitcoin.

[BitcoinIsAlgebraic]

currency and asset are closely related and I think Bitcoin is both as it can be used as a currency but can also be used to sit on as an investment.