Is bitcoin an asset or a currency?

[baconlike]

I think bitcoin is a kind of asset. The things you hold can be converted into cash, which is the property. Talking bitcoin is not the correct cash, because bitcoin has not been accepted yet. Some people do not know bitcoin. Can not say bitcoin is money. They have not been circulated and some countries have not accepted bitcoin yet.

[Rayver26]

As a newbie I read a lot about Bitcoin, doing some reasearch and study.

Based on what I read I understand that Bitcoin is a digital asset that designed by its inventor to work as a currency, commonly referred to cryptocurrency.

Bitcoin is an asset, has a value. This is why mostly people are investing in Bitcoin.

[joshua05]

Its both an asset and a currency a pleasure seeking for these kind of asset though, aside from the advantages of bitcoin, its really a cue and a bright side for everyone.

[newguy05]

Bitcoin is a publicly available ledger with a cryptographic numbers help to used as a currency without having backed by central banks. 

[henry1997]

if called bitcoin it is currency.

An example of a decentralized cryptographic currency is Bitcoin. The value of a decentralized cryptographic currency can be transferred from one party to another directly, with a system of recording and verifying through several decentralized bookkeeping points.

About Cryptocurrency
Cryptocurrency or cryptographic currency (sometimes called virtual currency) is a digital-shaped asset designed as an intermediary exchange using cryptographic techniques to secure transactions and control the administration of its currency units.

So BITCOIN is the currency. and we invest in Cryptocurrency and that is our new ASSET name in cryptocurrency because not only bitcoin there are many other coins like ETHEREUM, RIPPLE, STEELAR etc .. well it's just called our ASSET.

[Rehm100]

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.c[Suspicious link removed]m/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html

I think its both, but many people think its only an asset

[santieevanz]

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

Damodaran wrote in a blog post that "bitcoin is not an asset, but a currency, and as such, you cannot value it or invest in it. You can only price it and trade it." We have different opinions when it comes in crypto currency, but for those people who doesn't have enough and still deals with crypto world just to earn money bitcoin, I and others considered it as a currency because earning and turning it into cash to help us a lot to support our daily needs.

[Sampson7]

Bitcoin is a valueable used for transaction all over, for our usage, a "cryptocurrency" means the native currency of a Blockchain which is open and publicly accessible and derives its value from its status as a new type of money that anyone in the world can receive, send, and earn through participation in the blockchain. Bitcoin and Ether are examples. Permissioned blockchains, don't enable cryptocurrencies under this definition. An "asset" is a token which is issued onto a blockchain, and generally represents something which does not derive its value directly from the chain. We can but have a good reason for calling bitcon an **ASSET**

[Crislyn4116]

For me can bitcoin become an asset because some people almost get there money from bitcoins. From bitcointalk forum. In my own experience bitcoin is my asset right now. Because this is the only way that i can get free money and profit.

[ganlianshifu1]

I think BTC is an asset, not a currency or a commodity!

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.

[zhanyiguai261315]

Strictly speaking, although the designer wants to make it a currency

the current credibility and liquidity are clearly not in the usual "currency" standard.

[yesuidanggan]

The traditional definition of money is "general equivalent". In other words, people agree that this thing can be used as a measure of the price of other goods, and that's the currency.

Bitcoin has now been able to trade most of the French currency on the Internet, and I think that's already a currency.

[orarider]

In my opinion a bitcoin is a currency. You can trade bitcoin instead of cash. Bitcoin is not your property as it can disappear instantly. You see bitcoin as a buy and sell item. You never store it. bitcoin.

[uchiikina14]

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 will depend on how people treat bitcoin. But for me bitcoin can be an asset, because someone is owning it if he/she invest in it and the bitcoin can be convertible to cash, you can also earn from the bitcoin. For me it is not currency because the value of the bitcoin is not stable. BTC is also an asset if you invest for the long-term. For my understanding and for all I know BTC is an asset not currency.

[Morgann]

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

Bitcoin is an asset and use as a payment method to some online shops but it can be an currency because we use it our money now. In some country bitcoin is legal currency and can be use to buy goods and other things. You can pay bitcoin in some stablishment like malls, hotels and etc.

[preceptus11]

Bitcoins are better as assests only. Atleast for me

[RebelSnake]

There is difference between national currency, that based on resources of the state, and crypto-currency that based on amount of people and institutions that use it. A lot of people still want to see crypto-currency as currency that based on something objective things.

[Bitcotalk]

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

i dont care what other people think or treat about bitcoin,but for me this is an asset and currency in one..asset because in time this can bring lots of earning most specially when the price pumps,and currency because anytime i can pay my bills using this and some online transactio

We cannot consider Btcs as an asset for the simple reason that it never belongs to one nation and the basic quality of an asset is that it is bound to one specific inheritance identity.

All we can say is that it is a currency that is being used in a virtual form by millions of people around the world for the sake of earning capital and on the other hand it is also being used as a way to store your amount without using bank accounts or any other customary option.

[millionairephobia]

The beauty of Bitcoin is it play role of as an asset and currency.An asset can be a resource which easily convertible in liquidity is known as current asset so Bitcoin have same characteristics.
Bitcoin as a currency acceptable overall the globe and also restore value as well.

[shuvo999]

Bitcoins are better as assests only. Atleast for me

The best i like about bitcoin is that it could be used in any way you want. If you want to do transactions, you can do that simply by pressing some buttons. If you want to make some jaw-dropping amount of wealth, that is also possible simply by keeping it in wallets.