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Author Topic: Is bitcoin an asset or a currency?  (Read 3626 times)
jame kotler
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April 18, 2018, 02:05:14 AM
 #701

True,  bitcoin is a digital currency that will become an asset if you own it, hold and keep it because asset is a valuable thing. Bitcoin is considered as a valuable thing.
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zhuiyongliang8
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April 18, 2018, 02:10:58 AM
 #702

Bitcoin is an asset and a currency, but bitcoin is certainly not the currency of financial regulation. Because these laws assume that the currency is issued by the state, it can control the exchange of money and can be regulated. Bitcoin certainly doesn't have these features. When these laws are enforced, bitcoin is not a currency.
Alfarizi
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April 18, 2018, 02:36:18 AM
 #703

in my opinion that bitcoin is a global currency that is stored as an asset and then in though with so many ways that can make real money so bitcoin is an asset and money
david roman
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April 18, 2018, 02:51:20 AM
 #704

Yes batcoin is a very beneficial asset and it work on online and as you can say its a digital currency so many of people getting a lot profits because they invest their money in bitcoin and waiting for its more high price, so that's why it will more popular in future.
washing.machine
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April 18, 2018, 03:12:32 AM
 #705

If I think personally, Bitcoin is an asset. In his explanation, in financial accounting, assets are economic resources. Anything tangible or intangible that can be owned or controlled to produce value and which is held by the company to generate positive economic value is an asset. Simply stated, assets represent the value of ownership that can be converted into cash (even though the cash itself is also considered an asset). Examples are buildings or buildings. So if a company has a building worth one billion, then the asset counted is one billion.
Read: https://en.wikipedia.org/wiki/Asset
karloscimot
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April 18, 2018, 03:19:10 AM
 #706

if in my country in Indonesia bitcoin just a gan asset. that's what I think. because I myself also have not been spending goods using bitcoin unless I first redeem. because the government still prohibits people from buying goods using bitcoin.

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Arata
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April 18, 2018, 03:31:26 AM
 #707

I think bitcoin is an asset and currency, because currently bitcoin also serves as a means of payment. Now we can spend by using bitcoin to pay. Have many mercants, stores and vendors who support and receive bitcoin as their payment tool.
yudi31
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April 18, 2018, 03:39:32 AM
 #708

I think bitcoin belongs to both, because bitcoin can be invested in the long run so it is also an asset but on the other side bitcoin can also be used as a means of buying and selling transactions so it is a currency
guojii
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April 18, 2018, 03:46:38 AM
 #709

For now, I think Bitcoin is a currency. But in the future, we cannot say that Bitcoin is just a currency. Bitcoin is very valuable and has a long history. It is the best choice for long-term investment. Now we invest in bitcoin and it will become our asset in the future.
uekheu
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April 18, 2018, 03:55:05 AM
 #710

Also In some of the countries where bitcoin have got legal status as only asset and not as currency.
But many people are also using bitcoin just as currency to pay for their daily expenses wherever they will find merchants accepting bitcoin payments.
CarlosWhite
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April 18, 2018, 04:33:15 AM
 #711

For me, bitcoin is a little bit of both. It is still a currency because of the fact that we can use it in any transaction that caters bitcoin. It becomes an asset because it's volatility range allows it to be profitable with the right strategy
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April 18, 2018, 04:58:45 AM
 #712

For me, bitcoin is a little bit of both. It is still a currency because of the fact that we can use it in any transaction that caters bitcoin. It becomes an asset because it's volatility range allows it to be profitable with the right strategy
Bitcoin can be now treated as asset because it depreciates and the value of it is still unstable to become a currency. It can be treated as half-asset and half-currency because bitcoin is a type of cryptocurrency. Bitcoin can be used in the future as an official digital currency once the value of it will become stable.

hawkins
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April 18, 2018, 05:01:06 AM
 #713

For me, bitcoin is a little bit of both. It is still a currency because of the fact that we can use it in any transaction that caters bitcoin. It becomes an asset because it's volatility range allows it to be profitable with the right strategy
Bitcoin can be now treated as asset because it depreciates and the value of it is still unstable to become a currency. It can be treated as half-asset and half-currency because bitcoin is a type of cryptocurrency. Bitcoin can be used in the future as an official digital currency once the value of it will become stable.
well, i also consider bitcoin as a very profitable asset. even it can be utilized in a short time. but, better to keep it longer. actually, bitcoin can be an asset or a currency that depends on its usefulness.
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