Bitcoin is an asset or currency.

[delitte]

I simply say bitcoin falls upon both being an asset and a currency. Since originally, bitcoin was made to be a decentralized currency to make transactions faster approval than banks. Bitcoin is considerably an asset since its profit growth gets higher that what you dream of.

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[Rosabel]

Bitcoin is a very exciting development,it might leads to a world currency. I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets.

[Mr.Anonymous]

An asset is any property or object of value that one possesses, usually considered as applicable to the payment of one's debts, while currency on the other hand, is money or other items used to facilitate transactions.
Going by these two definitions, the difference can be seen, as to how bitcoin fits, in the context of these definitions. Bitcoin, is been tagged as a digital currency and should be seen as such.

Some people thought Bitcoin is a digital currency, I do not negate this opinion. But honestly, if Bitcoin is really a digital currency, it can be manage by the government. The polices of the gorvernment will affect the Bitcoin system and the government can know all data of user in this currency as Paypal are other digital currencies, in my opinion .

[antagonist]

i think maybe it is both?

[btcjocan]

The era has changed, now everyone is more interested in investing into cryptocurrency compared with traditional investments such as gold, land or stock. everyone believes that the future asset is cryptocurrency.

As of now bitcoin investments has gone phenomenal and well known currency and if we have to rate this its not just a currency, but rather an asset which to be considered as more than gold or any physical property. The important is, we should have a good assurance that internet connectivity will be there for long time so that asset that we have will be more valuable, and be appreciated so well.

[Fasdartin]

The original design was to use bitcoin as a currency but as well know it has now turned to a profitable investment/asset. Right now I’m using bitcoin as an asset due to its currenct surge of price, I think its just practical to hold until the price stabilize.

For me bitcoin is asset also it can be currency because having bitcoin gives you earning, then you buy in online and bitcoin is your payment. Right now many people do it as asset because they invest it, some peoole they turned it into currency.

[iamzill]

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 the bitcoin is an asset and also a currency because bitcoin currency investment assets are in the form of digital and not yet a legitimate currency in my country

[ice098]

The original design was to use bitcoin as a currency but as well know it has now turned to a profitable investment/asset. Right now I’m using bitcoin as an asset due to its currenct surge of price, I think its just practical to hold until the price stabilize.

Bitcoin are both asset and currency because nowadays some community of bitcoin is used it as currency like buying stuff or or paying bills and some of them used it as asset like those who have a lot collect bitcoin they put it in investment to make profit in right time or some of them hold it for a long period of time.

[Marucya]

Bitcoin does not fall under the classic signs of currency, which exist in theory and practice. Being digital money, bitcoin is so new and revolutionary that it does not fall under the existing signs of currency. Perhaps later, when bitkoyn firmly enters our life, the concept of currency will be revised taking into account the characteristics of digital money and then it will become a currency.
       Bitcoin can be called a financial asset, because it serves as a means of payment.

[tanjiran]

basically bitcoin has a function as a means of payment and commodity (asset or investment). but due to the legality problem, the payment with bitcoin is still limited, so the function as a commodity is more dominant.

[Zabrielle]

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 ??

For me its both asset and a currency. Asset because you can sell this if the value is high or if the price is righr. It is a currency because you can use this to buy and pay for something that you like as long as the store is accepting it. This is what bitcoin is can. I think this is the main reason why people are hooked in doing bitcoin. They know they can do a lot if you have btc. Aside from that there are so many ways in earning a profit from it.

[HIMU]

From my recommendation bitoin is an asset rather along with currency. If you preserve it for log period later you will highly profit. Actually behind bitcoin price will collective subsequently your profit furthermore will store. Profits depend around bitcoins price occuring and down.

[geo43]

Its both an asset and a currency right now. It will most likely become more of an asset and other cryptocurrencies will be currencies because of fast and cheap transactions.

[megalith07]

For me BTC is currency you can utilize it for what ever you wish or you can exchange it for different monetary forms and gain from that or spend them in that way. BTC can be resource too in light of the fact that cost is always developing, and in that sense BTC can be viewed as venture. BTC made quick ascent that is the reason its appealing as resource different monetary forms likewise rise however one moment and that is the thing that confound individuals.

[shezu007]

From my recommendation bitoin is an asset rather along with currency. If you preserve it for log period later you will highly profit. Actually behind bitcoin price will collective subsequently your profit furthermore will store. Profits depend around bitcoins price occuring and down.

Bitcoin have both qualities of asset and currency, asset is that which can not not be disappear which remain in the world even the owner is died or changed. And currency is that by which people of the world make their trade and make their business relation. Now the bitcoin have both qualities so it can be said that bitcoin is a currency and an asset is well.

[shezu007]

From my recommendation bitoin is an asset rather along with currency. If you preserve it for log period later you will highly profit. Actually behind bitcoin price will collective subsequently your profit furthermore will store. Profits depend around bitcoins price occuring and down.

Bitcoin have both qualities of asset and currency, asset is that which can not not be disappear which remain in the world even the owner is died or changed. And currency is that by which people of the world make their trade and make their business relation. Now the bitcoin have both qualities so it can be said that bitcoin is a currency and an asset is well.

[lani123lani]

In my opinion, bitcoin is an asset. Because it can be exchanged for goods and bitcoin can also be a currency that can be used to buy goods, and bitcoin can also be an investment for the future.

[Sowik]

Currently it is used as both. Its all up to you and how do you wanna use it. Currency or asset, doesnt matter.

[Ayasena]

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 ??

for me who live in the country that refuses bitcoin as a currency, i consider it as an asset. some thing that we can keep as long as we want to. we can sell it at the price that suit us, or still on it for a higher price.

[cryp24x]

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 ??

for me who live in the country that refuses bitcoin as a currency, i consider it as an asset. some thing that we can keep as long as we want to. we can sell it at the price that suit us, or still on it for a higher price.

Well, most of the people who live in a country that does not accept bitcoin look at it as an asset but Bitcoin is intended as currency if we look at its WhitePaper or a document proposed by Satoshi Nakamoto, it is a peer to peer cryptocurrency that we can send to anyone who has wallet all across the globe.  It is also intended as a payment method for any goods that is available in the market.