Is bitcoin an asset or a currency?

[deejayce48]

It is made as a currency - digital currency. But with its status right now, it doesn't serve that way. Bitcoin for me is an asset that we can own and has an economic value. Its price is changing and unpredictable so we can say it is a speculative asset.

[yusupjatigumilar]

I think the bitcoin is not a currency but a digital asset, because if it is called a currency then the statement will be inconsistent with the notion of the currency itself, then in this case many countries are banned against bitcoin transactions if used as a means of payment, weakening the value of the country's currency

[tats14]

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

Well for me, bitcoin is a digital currency that you can invest and save it for your own savings and it can make money of yours.

[poundy29]

Bitcoin can be regarded as a currency and not assets, since we purchase goods with bitcoin, ithat has already served the same purpose with other currency.

[ajja]

Right now I see bitcoin as an asset for my future because I'm sure the next few years bitcoin prices will be very high. to make it a very difficult currency in my opinion because of unstable prices.

[julzcoinbit]

Since this is the first crypto currency, so it is an obvious that it is a currency. A currency that create of unknown person alias Satoshi Nakamoto for the purpose of peer to peer transaction where is make people anonymous. And in my perception it is an asset because bitcoin could make us earn a huge profits through holding it in a long term and wait for the time to make its value rise ultimately.

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[candolbitcoin214]

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 it can both it is a electronic currency. It can also be an asset if by trading with bitcoin you have earn a profit and you just hold it for future use or investment. Will for me it all depends on how the person actually uses it.

[Tatyana20100]

 think bitkoyn is a long-term currency, but like all currencies it has properties like falls and soars. But if you invest in different currencies, then there will be more prospects.

[patykuprova]

Right now I see bitcoin as an asset for my future because I'm sure the next few years bitcoin prices will be very high. to make it a very difficult currency in my opinion because of unstable prices.

I think it's not simply an asset , it's more fit with an investment function then because an investment will bring you the good income which is the best part of Bitcoin.
We all know that Bitcoin is unstable , volitale and it's totally can't be under control of anythings.

[Nantusaha]

for me,I considered bitcoin is an asset,not a currency because it would not recognize virtual currency such as bitcoin as actual currency

[donalfonso]

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 think bitcoin is best considered as an asset, and a very liquid asset. It is yet to fulfill all the conditions required for it to be called a currency in many countries of the world

[mahibul49]

bitcoin is asset and a currency both for me
bitcoin is an amazing invention and its worlds future

[Robertqueen2]

Firstly, as we know, Bitcoin has been introduced to us as the first cryptocurrency which all transactions are recorded on the blockcahin. If we treat Bitcoin as a currency altogether, this means that bitcoin is used only to exchange value. However, in my opinion, bitcoin will become a universal estimation because it will have its own inherent value depending on constant purchasing power of it in the near future, and this in turn will make it a universal asset.

[Arkham Knight]

bitcoin is asset and a currency both for me
bitcoin is an amazing invention and its worlds future

Me too. We don't need to argue about and it just appropriate to treat it as both because it is a special currency that any of our local currency does not have. It's not really a big deal to be honest.

[Ahimoth]

bitcoin is asset and a currency both for me
bitcoin is an amazing invention and its worlds future

Me too. We don't need to argue about and it just appropriate to treat it as both because it is a special currency that any of our local currency does not have. It's not really a big deal to be honest.

I guess it depends on how you use it. If you use it to pay for transactions, then you can consider at as a currency. But if you use to it invest and gain profit over time, then it could be considered as an asset. That's how useful bitcoin is to people. It doesn't just serve the purpose of being a cryptocurrency, but can also be an investment.

[Lang09]

Bitcoin is both asset and currency. We used it for investment and our investment may lead to assets. If we just consider it as a currency,it the near future it will fade like a bubbles. But if we consider it as an asset,we will gain more from it. Money is just a number but asset is an investment. In some reason,this two is always connected. No currency,no asset.

[trupero_uno]

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 think there is similarity between asset and currency, both of them can be used for transaction but currency is more liquid rather than asset. The difference of them are asset can be hold for long time and the value can be increased while currency is decreased by inflation, etc.  So in my opinion, bitcoin is most likely asset as also claimed by G20 convention.

[lautantepi]

Of course there are people out there who actually buy goods using bitcoin, but most people just invest in it so they can trade or keep the price. This is not a bad thing, and it can not be as good as this is a bitcoin-growing trend.

[teklang01]

In my own opinion, bitcoin is a currency and an asset. It is because here in my country, it is become legal to pay merchants using bitcoin and since it can be also an investment, it can be an asset.