Bitcoin is an asset or currency.

[Darknight31]

It seems to me I think that bitcoin is an asset and a currency at the same time. Bitcoin as a currency participates in the commodity turnover as it can be exchanged for the goods. Bitcoin as an asset grows and brings profit to its owner.

I consider bitcoin both an asset and a currency at the same time. Because it shows all of the qualities and traits. An asset because it can be used to invest and to save, like the money will grow  and grow. And as a currency because it can be used to buy all of the things you wanted and needed.  But it still deoends on every user.

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[xskl0]

is a bubble.

[xskl0]

It seems to me I think that bitcoin is an asset and a currency at the same time. Bitcoin as a currency participates in the commodity turnover as it can be exchanged for the goods. Bitcoin as an asset grows and brings profit to its owner.

I consider bitcoin both an asset and a currency at the same time. Because it shows all of the qualities and traits. An asset because it can be used to invest and to save, like the money will grow  and grow. And as a currency because it can be used to buy all of the things you wanted and needed.  But it still deoends on every user.

So you can buy all the things that you need? Of course, paying 50$ fee every time you want to buy a coffe. 

[Trela]

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.

Actually Bitcoin was the best cryptocurrency for payment in the ecosystem of cryptocurrency world. But for now, Bitcoin can not become a currency with current value and its system. High fee and need much times to confirm transaction are the disvantages of Bitcoin made it become worse than altcoins for payment as Ripple ...

[slarssen]

At the moment more of an asset than currency but that's due to lack of proper implementation. Once that follows' and once the initiall bubble bursts, 'speculants' will take their money elsewhere and focus will be on bitcoin as a developing currency again.

[TheGreatPython]

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.

And I considered it as a source of income rather than payment method. People are so much happier that bitcoins are being accepted worldwide as a source of transaction method like credit cards but I don’t feel good for that. Bitcoins should be only be considered as source of income. Like stock and other shareholding schemes, I think bitcoins have much more than just a payment method.

[virtualkeybuyer]

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.

And I considered it as a source of income rather than payment method. People are so much happier that bitcoins are being accepted worldwide as a source of transaction method like credit cards but I don’t feel good for that. Bitcoins should be only be considered as source of income. Like stock and other shareholding schemes, I think bitcoins have much more than just a payment method.

It is not bad that bitcoin should use for investment only for the purpose of trading. But it will be not too bad that people used it as a system of payment. It will provide convenience and easiness to people’s life to use it as a system of payment. As a system of trading and a system of payment both are good for me.

[peopleupsetmeup]

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 ??

In my opinion is both, surely it has became an asset nowadays.

[kriptotr]

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.

And I considered it as a source of income rather than payment method. People are so much happier that bitcoins are being accepted worldwide as a source of transaction method like credit cards but I don’t feel good for that. Bitcoins should be only be considered as source of income. Like stock and other shareholding schemes, I think bitcoins have much more than just a payment method.

It is not bad that bitcoin should use for investment only for the purpose of trading. But it will be not too bad that people used it as a system of payment. It will provide convenience and easiness to people’s life to use it as a system of payment. As a system of trading and a system of payment both are good for me.

Then it's the mixture of both, asset and currency. We don't really have to classify bitcoin to understand what it is. It's a hybrid model in our economic world and nothing is hybrid like bitcoin. They're fixed before. Gold for instance.

[Heronzkey]

Bitcoin is a digital currency I do not know if this is an asset can be because I do not quite understand the meaning of the asset, I do not have that

[Snub]

bitcoin is an asset... with the same time it is a currency.
That happend because of it's hight price nowadays.... it became an asset.
But I don't think that it is gonna to be used as a typical currency... It has too big transaction time for this kind of usage

[kallen02]

I believe it depends on how people used the bitcoin. We can call it Bitcoin is a currency and somehow it's an asset also. These are both tangible and intangible and owned or control by the user/owner right? and these are both produce money and most of the time is converted into cash. So meaning we may describe it either an asset or a currency base on how we are going apply it in our daily transactions or how we gonna used it.

[Fabulousewoks]

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 ??

In some point bitcoin ca be consider as an asset but not a currency. Like example a dollars, peso, rupee,dinar, and etc. That an example of currency all we know.

[Argoo]

If we compare bitkoyin with the classical understanding of the term currency, then of course, bitkoyn, like the other crypto currency can not be attributed to the traditional concept of currency. However, when this term appeared, there was still no digital analogues of money, as the Internet in general. I think that when the crypto currency is firmly embedded in our life, the concept of "currency" will be revised and the crypto currency, possibly also that not all of its types, will be included in this concept.

[jancukiyah]

I believe that bitcoin is an asset and currency. Bitcoin is the best way for we to invest it for the future, we can earn some profits. And bitcoin also the best currency, you can buy the things you need with bitcoin in the bitcoin market or you can cash out to your fiat currency. There are so great.

[mountrock]

Bitcoin is cryptocurrency, we will have to see the development in the future. Gold was the store of value and then people made coin of Gold. Now Gold is just a commodity, just like silver, copper or platinum to be sold and bought based of the commodity market prices.

[dantheman666]

I think both. Bitcoin is an asset and also a currency. With bitcoin having high price is definitely an asset meanwhile it is the best currency right now to purchase goods.

[Cammo01]

It is both.. It's an asset to your financial wealth, also acceptable as a currency for those that accept it!

[SastraID]

Bitcoin is an asset or currency? both ofc
bitcoin is cryptocurrency and very great asset
bitcoin have good future and the price will always increase

[stackwhoop]

For me i categorize bitcoin as asset because in my country its illegal to use bitcoin as currency so we called an asset