Is bitcoin an asset or a currency?

[Psalms23]

Clearly for me bitcoin is an asset. For now I never had any idea on where to spend bitcoin directly without converting it to fiat money so being a currency is out of the question. Maybe in other countries it could be a currency, but definitely not in our country for the moment.

[1714778146]

1714778146

[1714778146]

1714778146

[1714778146]

1714778146

[rainezerr]

Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.

https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html

In my own opinion, bitcoins is an asset because it is not a cash or a physical item and it is not usable for every transactions but maybe in the future, if they are planning to live a cashless country then they can use bitcoins as the currency for everyone to use.

[bitcoinajax455]

Bitcoin is unique, we already know that bitcoin is not just any asset it is also  a currency. Just be thankful that we have a bitcoin and appreciate the bitcoin community what they have done to us.

[yourialfa]

Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.

https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html

It depends on each individual assume bitcoin like what. Indeed bitcoin is sometimes like an asset because we hold it for long and unspecified time. Sometimes also bitcoin is treated like a currency. Back again to the thoughts of each individual. It's confusing but we all need to know that bitcoin is always in use like a currency. That's just my thinking. How bitcoin we use like an asset or currency. So no need to debate.

[DyllanGM]

Bitcoin is surely an asset for me. Being stored and sold is definitely an asset and not being used to buy anything like a currency. There may be some countries that are already accepting bitcoin, but I never had any transaction like this yet. So asset for now.

[Shubhamjuneja24]

Btc is a currency but the way it is growing, it is becoming asset for some people.

[EmJay]

As far as I know, bitcoin is now considered as an asset and a payment method in some country. It's a very long way for bitcoin to be a currency.

For me, I consider it as both. for long term investment of bitcoin it will be an asset. and for daily trading of your bitcoin and using it bitcoin in buying online items that accept bitcoins , I consider it as currency . so for me both, It depends actually on how you use bitcoin in your life.

[BTC AND ETH]

As of my opinion, Bitcoin is an asset as well as an currency. Because currency has no long-term expected return because, although it is a risk exposure, it is not an economic asset for which a long-term risk premium exists. Investors do not invest in currencies to capture a risk premium; instead, they invest in international assets denominated in a foreign currency.
THANK YOU!!

[supercanada1]

I think is both, Currency because it is a kind of crypto currency that convertable into different currencies like pesos or dollars, so it become asset because you  earn and own it.

I believe in this too. Bitcoins are not only asset but a currency. And if we think over it, by researching, we come to know that developing team developed bitcoins as a currency that can be used like other currencies. But later on, people found best trading and investing methods and they started getting amounts by selling and buying hence bitcoins got shaped of an asset. But I believe it is combo.

[qtronix]

For me, bitcoin is only an investment, as it gives me the opportunity to earn. As the currency I spend can not, and do not want.

[blue_city]

I think it should be a asset
Because payment with BTC is very slow

[denyfirmasyahputra]

I think it depends on which country you are in because every country has different rules about bitcoin, there are some countries that accept bitcoin as a means of payment transactions and of course it serves as a currency even if it isn't legal.
But we know if majority of countries consider bitcoin as a business asset instead of a currency.

[NewBet]

The answer to this question really depends on your usage of the coin. Do you buy bitcoins because you want to use it to purchase things and pay for services or do you buy bitcoin because you want to hold and sell at a higher price? If your intentions is to use it for buying and payment then it becomes a currency. If you use it as an investment in order to make profits, then it becomes an asset.

[Itjoker]

I like Bitcoin because it is a great asset to the growth of which you can earn. Bitcoin also became the beginning of the development of digital currencies and the basis for the trading with altcoins.

[djselery]

Bitocin is both of them : an asset and a currency. Obviously it was created to be a digital currency, and it is easily used to pay for bills and to buy and sell goods and services online.
But it is also an asset because its price is volatile, and increasing highly with time, many people around the world become rich by investing and holding this crypto currency.

[rollingstorm45]

in some countries, Bitcoin is considered an asset, and in some countries, Bitcoin can be considered a currency
all depends on the regulation of the state government
in Indonesia everyone can save Bitcoin, but it should not be used for payment instruments, so in Indonesia, everyone considers Bitcoin as an asset

[colvis]

Bitcoin is really a currency.. That yield us good assess that we benefits from..

[nicpaig]

Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.

https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html

For me I would say both an asset and currency is bitcoin because as of now its an asset to make us rich and save us from unstable income.Ad it is also a currency ehich the value price is much bigger than other crypto coins.

[billykannithi]

Bitcoin is really a currency.. That yield us good assess that we benefits from..

I'm strongly belive that a really currency don't benefits us, only investment does that , the function you're talking about isn't related anything to the currency function of Bitcoin at all.
But you made money from Bitcoin is actually good because not much people can do that purpose, most of them are losing so hard.

[finaleshot2016]

For me i think it's just an asset to make a real money. It's a currency when it comes to digital since it has a legit fluctuation and the price can grow. It really have a characteristics of a real money.