Is bitcoin an asset or a currency?

[mongkie]

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 considered as currency  because of its major characteristics like liquidity that is same as dollar and other currencies.
governments consider bitcoin to be asset because they want to have cuts on bitcoin gains.

[Netnox]

While bitcoin can not serve us as a currency, as it needs time to penetrate into our world and fully stabilize. And so far, it's an asset.

It was supposed to be used as a currency, and therefore I have no doubt that it can serve that purpose. But over the years, the attempts to use it as a currency has failed due to the extreme volatility associated with the exchange rates, and the high transaction fee.

[camelson]

While bitcoin can not serve us as a currency, as it needs time to penetrate into our world and fully stabilize. And so far, it's an asset.

I think bitcoin is both a currency and an asset, currency in a sense that you can buy many things with bitcoin or you  can exchange it into any local currency and buy things. Bitcoin is surely an asset as well.

[Jay Jay crypto]

hybrid between fiat currency and commodity currency without intrinsic value and independent of any government or monetary authority. This paper analyses the question of whether Bitcoin is currency or an asset

[decano]

Can be said both.disatakan assets because if viewed from the value of its price always up from year to year, so some investors investing in bitcoin as assets.in say currency because in some countries have received bitcoin as a medium of payment transactions.

[Ghayoor]

While bitcoin can not serve us as a currency, as it needs time to penetrate into our world and fully stabilize. And so far, it's an asset.

i think bitcoin is both currency as well as asset because bitcoin can help you in your future and also it can help you in your present so bitcoin is all in one.

[Liternyy]

Baлютa, тoвap или инвecтициoнный инcтpyмeнт
B oктябpe 2017 гoдa Eвpoпeйcкий Cyд пocтaнoвил ocвoбoдить oпepaцию c кpиптoвaлютoй биткoин oт yплaты HДC, тo ecть тaким oбpaзoм oн aвтoмaтичecки oтнec eгo к кaтeгopии тoвapoв. Финaнcoвый peгyлятop Бeльгии eщe в 2016 гoдy ocвoбoдил oпepaции c биткoинoм oт HДC, Швeйцapия пocтyпилa aнaлoгичнo paннee в 2015 гoдy. B итoгe пoлyчaeтcя, чтo мнoгиe eвpoпeйcкиe peгyлятopы oтнecли цифpoвyю вaлютy к кaтeгopии тoвapa. Ho вce ли coглacны c пoдoбнoй пoзициeй?

Кoмиccия CШA пo тopгoвлe тoвapными фьючepcaми (CFTC) co cвoeй cтopoны oтнecлa биткoин к тoвapy c нeкoтopыми oгoвopкaми. Учитывaя тo, чтo биткoин нe oтнocитcя к кaтeгopии цeнныx бyмaг, oн oпpeдeляeтcя CFTC в poли «eдиницы yчeтa и / или coxpaнeния cтoимocти». Пpи этoм любoй бизнec, кoтopый тaк или инaчe cвязaл c цифpoвoй вaлютoй, дoлжeн пoдчинятьcя нopмaтивным тpeбoвaниям пo тopгoвлe тoвapными фьючepcaми.

Cтopoнники биткoинa, кaк инвecтициoннoгo aктивa в cвoю пoльзy пpивoдят тoт фaкт, чтo цeнa цифpoвoй вaлюты oчeнь вoлaтильнa и этo пoзвoляeт зapaбaтывaть. To ecть этa кaтeгopия типoв биткoин в видe вaлюты c выcoкoй вoлaтильнocтью, нa кoтopoй cпeкyлянты мoгyт лeгкo тopгoвaть.

Ecть eщe пoзиция, oпpeдeляющaя цифpoвyю вaлютy вceгo лишь кaк пpoтoкoл для oбpaбoтки дeнeжныx пepeвoдoв. Ho тyт вcтaeт pиcк eгo выcoкoй вoлaтильнocти, тo ecть пocлe oтпpaвки и пoлyчeния кpиптoвaлюты aдpecaтoм ee cтoимocть мoжeт cильнo пoмeнятьcя.

B итoгe биткoин пpoщe вceгo нaзвaть нeким гибpидным aктивoм c paзвивaющeйcя пpaвoвoй бaзoй. Цифpoвoй peжим: ocoбeннocти, дeцeнтpaлизoвaнный xapaктep, aнoнимнocть, выcoкaя cкopocть тpaнзaкции, нaдeжнocть, oтcyтcтвиe peгyлятopoв. Ecли cмoтpeть пpaктичecки, тo ceгoдня биткoин иcпoльзyeтcя в ocнoвнoм в poли инвecтициoннoгo, дaжe cкopee cпeкyлятивнoгo aктивa. Moжнo нaблюдaть пoпытки зapoждeния eгo вaлютнoй фyнкциoнaльнocти, нo пoкa ocoбoй пoпyляpнocти этoт фopмaт иcпoльзoвaния кpиптoвaлюты нe пpиoбpeл, тaк кaк ee цeнa cлишкoм нe cтaбильнa. B кaчecтвe coxpaнeния cтoимocти биткoин и пoдaвнo ceгoдня иcпoльзoвaть нeвoзмoжнo.

Mы нaблюдaeм кapтинy, кoгдa paзличныe peгиoны пo cвoeмy тpaктyют poль и фyнкциoнaльнocть цифpoвoй вaлюты биткoин. B кaчecтвe cpeдcтв плaтeжa пpeдпpинимaтeли иcпoльзyют биткoин в тaкиx peгиoнax, кaк Эквaдop, Джepcи и ocтpoв Mэн.

Mы видим, чтo в любoй poли cyщecтвyeт мacca oгoвopoк, нo нa пpaктикe биткoин ocтaeтcя в ocнoвнoм cпeкyлятивным инcтpyмeнтoм для yзкoгo кpyгa энтyзиacтoв, тpeйдepoв и игpoкoв вeнчypнoгo бизнeca.

[Ngewex Yuk]

I think bitcoin is more appropriate to be an asset instead of currency, this is because if used as a currency of course many countries do not like and banned for fear of defeating real money, but if used as an asset then all countries will be happy to legalize bitcoin.

[hibiscus]

Bitcoin is an electronic asset which is a  major  crypto currency .It can only operate through electronically so there is no physical form to it.Bitcoin is a good media for the transactions .With the short period bitcoin has acquired the investors confidence and more people are attracted to it by the form of investors and day traders Bitcoins popularity has widened and more people are attracted to it and hence its price also increased.

[simongoat]

I guess its an asset at the moment because its going up in value. When more vendors take it as payment then it will become a currency. Maybe a currency and an asset, and maybe that's what money should be.

[pumbum]

while it is too early to use, so it is an asset. once that is payment method in stores (that I do not really believe, since it will remain an asset) then it will become currency

[BlackBeauty]

Bitcoin is an electronic asset which is a  major  crypto currency .It can only operate through electronically so there is no physical form to it.Bitcoin is a good media for the transactions .With the short period bitcoin has acquired the investors confidence and more people are attracted to it by the form of investors and day traders Bitcoins popularity has widened and more people are attracted to it and hence its price also increased.

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.

[Truc_Linh]

I think BTC can't using such as payment system because too slow and hight fee
I think it should using such as a asset of crypto currency!

[FassCum]

I thin k it's a asset!
Using for payment is very expensive

[enthusia]

That thing are dependently. But for me, I use to prefer bitcoin as an asset wherein you can possibly have a chance to gain profits if you wanted to.

[C. Bergmann]

It is safe to say that it is an asset that functions like a currency. It depends really where you will get the definition of what a "currency" is because the law in your country might define it something like a fiat. Nonetheless, I care less about it as long as I can use like a currency and at the same time making me an investor. Either you are aware or not, as long as you use Bitcoin then you are automatically an investor.

[troglobait]

For me, this is definitely an asset, the currency should not be so volatile. I do not buy anything for the BTC and I do not know the people who actually use the BTC for shopping. This is definitely an asset

[Lintel]

while it is too early to use, so it is an asset. once that is payment method in stores (that I do not really believe, since it will remain an asset) then it will become currency

it depends on how you used it actually that is my opinion. An asset if you will invest and hodl it for a long time or what we call long term.investment but if you will sell it and use it for your daily expenditures , I consider it as a currency.  either way , it brings good life to us.

[Desperaboss]

At the moment it is an asset. To be used as a currency it has to reduce it´s volatility as well as it´s transaction fee and it has to increase it´s transaction speed. Most important though is the classification as a currency from government institutions.

[Jose Mourinho]

I guess its an asset at the moment because its going up in value. When more vendors take it as payment then it will become a currency. Maybe a currency and an asset, and maybe that's what money should be.

I agree, bitcoin is more appropriate to be a non currency asset, if bitcoin currency function is fixed and some controllable, bitcoin value keeps rising to make everyone interested to hold bitcoin.