What Type Of Asset Do You Think Bitcoin Is?

[kfor01]

Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?

[J Gambler]

Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?

Its really very hard to quantify what kind of asset bitcoin or even cryptocurrency is because it can also be considered a liablity at the same time if it fails. But it can be considered a hedge fund or a time deposit if it can be invested properly and that the whole thing can be scrapped into an asset. And even until now due to its volatility it is a tough call to make

[irinna]

Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?

Its really very hard to quantify what kind of asset bitcoin or even cryptocurrency is because it can also be considered a liablity at the same time if it fails. But it can be considered a hedge fund or a time deposit if it can be invested properly and that the whole thing can be scrapped into an asset. And even until now due to its volatility it is a tough call to make

Bitcoin - this digital gold, is a means of accumulating capital, is the most promising financial tool of this century. What will happen in the future? this no one knows. Therefore we will follow the development of events...
What do you think, what crypto currency will survive in the near future? Maybe someone already noticed the Google or Amazon?

[Jlimao28]

It depends upon the usage of bitcoin. If the people using the bitcoin is for payment then it will goes to a peer to peer network and if the bitcoin used as storage then it will becomes a digital asset.

[mikan111]

It's kind of digital gold or maybe world's reserve currency in the future. Blockchain will replace all current databases with personal, property and transactions data!

[ALI AKBAR]

It depends on the use of Bitcoin. Some people use it for payment. It is used as a digital resource. It will be a gold coin in the future. And used for transactions. In my opinion, it is an asset which is used for investment.

[Marry Finch]

Bitcoin, as a means of payment, has its drawbacks: low throughput and a constantly growing commission for transactions. Bitcoin is still perceived as a special class of assets. The essence of bitcoin is an alternative means of payment. Naturally, if this function suddenly ceases to exist, then the question of the fundamental cost of bitcoin will arise.

[whoisyourking]

Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?

Its all of them it depends on how you use it for me i use it to buy stuff in daily basis so i used it as a currency, and also i placed some of my bitcoin to a cold storage because i cant deny the fact that maybe this saving will help me in the future so its for security. 

[Jet Cash]

It's a tradeable store of wealth.

[nick_nick]

Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?

To my opinion, I would say bitcoin is a hybrid asset. This is because it serves as a commodity, a currency and security at the same time. Bitcoin a commodity because is an element for trade. Investors buy and sell bitcoins base on their own speculations; again most businesses and firms use  bitcoin as a medium of exchange and that makes it a currency. Bitcoin as a store of wealth helps investors to secure their future financially and that also qualifies it as security.
If your investing in BTC , then consider it a hybrid asset

[syaripudin]

initially bitcoin is made for a concept as a digital form that is designed to be a safe and mostly anonymous currency. but over time with a significant increase in bitcoin value finally many people who make bitcoin like digital gold that can be used as a financial asset that has the potential for substantial profits. and I think it depends on everyone who uses the benefits of bitcoin because everyone will of course have their own goals.

[bitfocus]

Bitcoin is basically a currency and (personally) I use it as both Currency and Asset. When I take payments for my services in Bitcoin - I am using Bitcoin as a currency, and I love to keep my Bitcoin (most of them, I only cash out a little part to pay my bills) for future as an Investment - here I am using Bitcoin as an Asset.

[Thanasis]

Bitcoin is not an asset but people using it an asset due to the speculative nature of it,so it can be considered as an asset,digital gold or what ever you think.Because bitcoin is giving profits while we hold it in long term.

[Kokondao]

Bitcoin is indeed a very lucrative investment place and a lot of fans for now, and I consider bitcoin as a currency exchange tool in the Online world.

[Ojengonggu]

whatever you give the term for bitcoin, assets, digital currency, and others
when we mention bitcoin we surely hope to get a good profit in using it or maintaining it in a certain period of time

[lvincent]

In my point of view bitcoin created as an currency to get rid of our common problems when it comes to transaction it is the first successful digital currency but because of the price volatility a lot of peole is using this oppurtunity to earn a lot of money as an asset.

[CoinstarF]

It's kind of digital gold or maybe world's reserve currency in the future. Blockchain will replace all current






databases with personal, property and transactions data!

Well to be fair, this could eventually be a thing, a lot of people don't realize what a pain the gold storage is and how much doubt there is that certain amounts are actually held where they are. A lot of countries hold their gold in the US at Fort Knox. German a few years ago wanted an audit and if I remember correctly the US said No. I think the Germans have received data on their gold now but the point is, there would be no need for all of this with a Bitcoin backed asset based system.

I think it is a valuable asset, to help every country to improve and grows, it also depends to the citizens on how to operate s BTC.

[franky1]

to correct you:

its not MONEY
its not a commodity
but is a currency
but is a asset

there is a difference
no government can decide what currency is. cigarettes in prison are a currency, sexual favours/beer/cigars/pizza between friends in exchange for other favours are a currency

governments can only decide what is or isnt MONEY

currency is a umbrella term which pretty much anything, which everything then fits into sub categories below the umbrella term. for instance
assets are investment holdings currency(gold, art.antiques,bitcoin)
commodity currencies are raw produce used to make secondary products (beef, wheat, gold, oil)

yes gold fits into 2 different markets..
but dont confuse the raw material utility of gold to produce jewellery/circuits(commodity) with golds separate asset holding market utility

do not think that just because gold asset is like bitcoin asset, that bitcoin also belongs in a commodity category.. bitcoin is not a raw material so is not a commodity

mortgage/credit agreements/insurance policies(the contracts/promissory notes themselves) are a currency but not money they are asset currencies (banks privately trade these behind the scenes)

money is legal tender of a country and authorised by law of the nominated/named country to be used to buy things and by law pay taxes/court fines/pay minimum wage

in short
crypto assets are a currency but are not money

[Jessicamass]

This surge in value has invigorated Bitcoin backers convinced this boost in value makes Bitcoin a more credible currency, that it is a sign of the cryptocurrency’s strength. Yet the wild swings, both up and down, in the value of Bitcoin do not make it a more plausible substitute currency; they make it a speculative asset, a get-rich-quick scheme.

[BitcoinHodler]

calling bitcoin different names doesn't change what it truly is. you can call it commodity, or call it security, or call it dead even and lots of other things but in the end bitcoin is still the same peer to peer digital cash that was intended to be.