fulmetal08larz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 02:05:46 PM |
|
Currently, in my opinion, it is being treated as a store of value and an asset by most investors, far from the true purpose of bitcoin. Once it hits mass adoption and mainstream, people and the government could treat it as a currency across all countries, which could boost the economic status. We are headed towards digital age in this generation, so having bitcoin now is like preparing for the future.
|
|
|
|
Harrow30
Jr. Member
Offline
Activity: 266
Merit: 1
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 02:47:12 PM |
|
Bitcoin I will say can be used as both asset and a currency. In the Cryptocurrency world and in our now buying and selling, bitcoin is now commonly used and accepted. With your own discretion, you can have it as an asset for the later future.
|
[ TRY ALPHA MVP ] WELCOME TO DATABLOCKCHAIN [ TRY ALPHA MVP ] Mainsale now LIVE! // Raised $16 Million in PRE-SALE
|
|
|
rickn
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 406
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 03:05:07 PM |
|
Due to its network limitations, the BTC can not be considered a currency. He is as active as gold. If the BTC wants to be seen as a currency and be transacted as such, it needs to solve its network problems such as size and its block causing congestion and high charges.
|
|
|
|
illete
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 115
Merit: 15
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 03:07:19 PM |
|
Most of debates and articles declared that Bitcoin is not an asset because it does not generate cash flow and stand alone for who hold it,In my opinion Bitcoin is an asset which place in current asset category.
If we take a look of international definition of an asset is"Assets are the resources which can be owned by an individual or company".e.g: Cash,Accounts receivable,Land,Building,Furniture and Fixtures.It is declared that Bitcoin is also resource and count as current asset it mean it can easily convertible in cash.Another side it also play a role of currency as well.
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 03:22:29 PM |
|
Bitcoin is (or should be) both! No need to exclude anything ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Finally an answer that makes sense. Different people means different needs and use cases, so Bitcoin as multifunctional tool can be used in ANY way people think it helps them to get something done. The name (e.g currency, asset, investment, store of value) itself doesn't matter, the actual usage of Bitcoin matters here. The more ways in which Bitcoin can be used, the more utility it has, and thus the more valuable it becomes. To add even more, people will never agree on what category Bitcoin should fit in. One thinks it's a currency, and the other completely disagrees with that and believes it's something else, and so forth. Instead of talking about what Bitcoin is or isn't (which people will never agree on), just use it and stop talking.
|
|
|
|
LoudA__
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 03:25:15 PM |
|
Bitcoin I will say can be used as both asset and a currency. In the Cryptocurrency world and in our now buying and selling, bitcoin is now commonly used and accepted. With your own discretion, you can have it as an asset for the later future.
I think it is treated as a well known and expensive asset by the most of the people who are using it. Most of the people here are always saying to hold them because it will be pumping soon which is a proof that they look bitcoin as an asset. It might be treated by some as a currency but I think it is still not a good currency but a good asset.
|
|
|
|
teejaymuna
Newbie
Offline
Activity: 238
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 03:25:40 PM |
|
To me, BTC is both an asset and a currency. I invest in it gor my future so it is an asset and I use it for most of my shopping needs. This way it serves me as an asset and a currency.
|
|
|
|
sukamasoto
Legendary
Offline
Activity: 1148
Merit: 1006
Black Panther
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 03:37:14 PM |
|
To me, BTC is both an asset and a currency. I invest in it gor my future so it is an asset and I use it for most of my shopping needs. This way it serves me as an asset and a currency.
That's why bitcoin is unique and the best currency that ever made. Of course bitcoin has disadvantage that cause my government still not legalize bitcoin yet. Luckily I can still hold bitcoin as investment but can't be use for transaction.
|
|
|
|
Cassy14
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 237
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 03:38:21 PM |
|
BOTH1 THATS what i believe and i can tell bitcoin is an investment too.
|
|
|
|
jakoylantern
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 03:51:24 PM |
|
For me, you can do or choose both things but if you can search the definition of bitcoin. Bitcoin is first digital currency that is decentralized and a worldwide cryptocurrency payment system. But when the bitcoin prices increase most of the people rapidly use it as an asset because you can make a massive profit on it. But this always depends on the user what they want to use bitcoin. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
skarais
Legendary
Offline
Activity: 2604
Merit: 2157
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 03:55:54 PM |
|
for now bitcoin is more likely as a business asset that is able to provide opportunities to benefit greatly from various efforts that can be done by utilizing the character of bitcoin such as investment and trading,but in addition bitcoin function is also still often in use for various online payment transactions .
|
|
|
|
dvillier
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 238
Merit: 57
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 04:08:26 PM |
|
Right now, as I would see it, it is being dealt with as a store of significant worth and a benefit by most financial specialists, a long way from the genuine motivation behind bitcoin. When it hits mass reception and standard, individuals and the legislature could regard it as a money over all nations, which could support the monetary status. We are going towards computerized age in this age, so having bitcoin now resembles getting ready for what's to come.
|
|
|
|
jak3
Legendary
Offline
Activity: 1274
Merit: 1004
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 04:16:43 PM |
|
Bitcoin is not being made for the trading purpose it was made just as a mode of payment like PayPal but people starting using it like gold and other stuff. Because at that time Bitcoin was not much stable and was constantly violated its price so people started making a profit from this. There were many incidents when people have made a huge profit from the lock and those incidents meet people even crazier and now it is being used as trading and bonds. Bitcoin is more likely both an asset and the currency the only difference is that it is not fully capable of defeating the physical cash.
|
|
|
|
nelsonk
Newbie
Offline
Activity: 8
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 04:28:51 PM |
|
i think bitcoin is a currency because it has been accepted as a method of payment in some countries. it can also be termed an asset because of the increase in value.
|
|
|
|
denulh
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 300
Merit: 10
Borderless for People, Frictionless for Banks
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 04:30:38 PM |
|
i think bitcoin can be called both asset and currency, first i think bitcoin is an asset because i can hold for long term to sell for profit as gold, second, i think bitcoin is an currency because i can use it all over the world as long as i have internet, i can trade bitcoin for profit.
|
|
|
|
A.Chanaka Bandara
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 140
Merit: 10
Feeling Relax in Underpressure
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 04:33:06 PM |
|
As I am thought Bit Coin is an asset than currency but can use it as a currency. Most of crypto investers Bit Coin as an asset.
|
|
|
|
deviltasha
Jr. Member
Offline
Activity: 308
Merit: 2
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 04:41:43 PM |
|
More likely it is asset now, but is tis possible that it will change its nature and turn into currency.
|
|
|
|
kache2018
Newbie
Offline
Activity: 112
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 04:43:21 PM |
|
When you say and asset it means something you have invested as part of a business like cash. The monetary value is the currency. When you invest in bitcoin this will be your asset and bitcoin is your currency, more particularly cryptocurrency.
|
|
|
|
HashieNewb
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 616
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 04:45:40 PM |
|
I believe that bitcoin is both an asset and a currency. We should invest in bitcoin because it is the future baby
It can't be both an asset and a currency. I don't know how this thread is pages long without an actual answer to the question. If the IMF does not classify Bitcoin as a currency then it is not a currency. That's all there is to it. Bitcoin is an asset.
|
|
|
|
lani123lani
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 719
Merit: 10
ORBIS PLATFORM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 19, 2018, 04:46:13 PM |
|
In my opinion, bitcoin is an asset because it can be exchanged for goods, bitcoin is also the currency used to buy goods, bitcoin can also invest for the future.
|
|
|
|
|