Bitcoin is an asset or currency.

[DewiKirana]

I think bitcoin is an asset and a currency. It is said currency because bitcoin can be used as a transaction tool for those who receive it, not many have received bitcoin as a tool of transaction, but I am sure in the future bitcoin more and more that receive it. Bitcoin can also be regarded as an asset because the price and selling value increase every year.

[Denamen]

I don't see any problems here bro. when Bitcoin price is $0.0001, it just a kind of payment facilities, but when BTC price is $5500, it is an asset. We don't need to do anythings.

[reda]

I don't see any problems here bro. when Bitcoin price is $0.0001, it just a kind of payment facilities, but when BTC price is $5500, it is an asset. We don't need to do anythings.

Bitcoin is not asset. It digital currency. So it will use to easy and any where and any time. It will useful to all country. Asset is not use the any where it will use the some important using for the purpose. Bitcoin is good to use for the purchase and pay bill and buying useful product. Bitcoin is easy to change and you will learn for the some information for what you need.

Example for the asset: Asset is the movable not one (land etc...). But bitcoin is the use to any where.    

[Fuhre]

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 ??

Depending on everyone looking at what bitcoin, I myself think bitcoin as a digital asset is no more, because bitcoin is very fluctuating, but if you see bitcoin currency can also be said like that but not all services receive bitcoin payment.
Buy and save it for sale later in the future, who knows the future of bitcoin could reach $ 100,000 

[qiwoman2]

We need Bitcoin to be both. I don't have a job and so don't earn any fiat anymore so all my income comes in Bitcoin or altcoins so I have to use a debit card to buy food and pay my bills and none of it is fiat anymore, so for myself it is now both a currency and hopefully if I can save enough, a store of value for the future and the future of my family. Many unbanked and jobless people or super rich whales will no longer need to rely on fiat for anything and they will sue Bitcoin debit cards to do their shopping and special wallets to save their coins.

[hatshepsut93]

From the point of view of traders and investors it's close to a commodity like gold, since it's scarce and indestructible, and both gold and Bitcoin are different from assets like stocks and bonds which are meant to bring profit on their own, unlike commodities who have only speculative opportunity.
However, from a technical point of view it's definitely a currency, since it's a token of the network that was created to make transactions on the Internet. Bitcoin can serve as a settlement layer for building new networks with different properties, like Lightning Network for micropayments, smart contracts, decentralized exchanges and so on.
So, the best answer is that Bitcoin is Bitcoin, it can exhibit different properties in different situations so you can't say it's only something one all the time.

[hildacitra]

I consider bitcoin as a digital currency. however, many bitcoin users around me use it as an asset since they think that bitcoin price is higher and higher from day to day. it drives them to make bitcoin as an asset rather than currency.

[Dannaey]

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 ??

Though Bitcoin is a digital currency, we cannot consider it yet as currency. Because "currency" is generally accepted form of money issued by our government and circulated in the economy. So from that meaning, Bitcoin is not generally accepted and definitely not issued by the government. As asset it would be. Because Asset is something we own with economic value.

[ibrohim]

I think many bitcoin users use bitcoin as both currency and asset, and so do I. I personally use bitcoin as currency only if I need it to fulfill my daily needs, while I use it as an asset when I want to get profit in investment. since bitcoin price is rising from day to day, it is good to use it as an asset.

[Images21]

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 also believe that. It is basically because of the fast growth of its price that bitcoin is treated more as an asset and less than a virtual money. I think it is not bad at all because it still is attracting people. However, I admit that it is not the original intention of Satoshi Nakamoto for bitcoin to be used as such. It was originally intended to be an instrument for buying.

[Portia12]

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 bitcoin is both currency and asset, why asset? you can get profit because it is an investment the bitcoin price is unstable there are times that it will go up and go down. why currency? i use it in my personal need like buying foods paying bills and other stuffs.

[jokowi]

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 may be considered as a property or currency. If you buy bitcoin and keep it then that is the storage property you are having. Bitcoin has currency value. This is a digital currency that many people use and accept. Bitcoin is expensive, holding a bitcoin in hand is a big asset.

[piebeyb]

Yes, everyone does not have the same view of bitcoin, it's just that I consider bitcoin like an electronic currency where I can make payment transactions to buy domains, hosting, and others that receive bitcoin payouts, hoping someday more stores, restaurants and cafe receives a bitcoin payment.

[Momoamzad]

It is asset like gold. Its price are increasing rapidly . if I hold it it will grow more and more . so u can say it is asset

[newlone]

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 ??

The truth is that bitcoin is only for trading, and some investors buy it to hold it as a bank. Actually I use it to trade and want to use other services but it does not accept bitcoin as the form of payment.

[sammiko]

I think bitcoin is both assets as well as currency. But more commonly we use bitcoin as currency, we can use bitcoin for shopping in most big shopping center, in fact they accept bitcoin as currency for shopping. therefore i will like to say that bitcoin is more as currency and in future it will even be use as fiat in local shops also depending on the increasing number of bitcoin users.

[Rishabh riyz]

Well BTC is said to be both an asset as well as a currency.
But if we observe carefully we get to know that this varies from person to person. For a trader who is having a look on the fluctuating value of BTC it is an asset which would most probably give him profit , same BTC would be an asset if a guy uses it to buy things online like games / in app purchase on steam or any other things where BTC is accepted.

People call it an asset because it is limited and the value is constantly increasing in long term.
BTC is called a digital currency because they are used by many people across the globe to buy things online.

[rafajunior99]

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 may be considered as a property or currency. If you buy bitcoin and keep it then that is the storage property you are having. Bitcoin has currency value. This is a digital currency that many people use and accept. Bitcoin is expensive, holding a bitcoin in hand is a big asset.

I agree with you, but I think Bitcoin is not just a property but it's a very valuable asset in the future, if you really keep Bitcoin safe and make it long, I'm sure if you keep it in the long run you will become a rich man in the future front.

[EUROPEANTURK]

Bitcoin is currency for me . Because i can use Bitcoin almost every country and i can exchange it to other currencies and i can buy Bitcoin with other currencies too , because of Bitcoin is currency for me.

[rb26]

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 has a currency-asset duality in nature. Bitcoin is a currency because it is made as it i and Bitcoin is an asset because it behaves that way. I believe that Bitcoin is not intentionally made to behave like an asset since Satoshi designed Bitcoin as a "digital cash". However, because of decentralization and volatility, it is inevitable to make Bitcoin behave like an asset more than like a currency. Behaving an asset is not a bad thing but it might hinder Bitcoin from going mainstream. We cannot fully eliminate the nature of Being an asset in Bitcoin but we can reduce that by using it like fiat and do not hold.