Bitcoin become an asset

[arya123210]

Maybe you think bitcoin will be used as currency or anything but that is very impossible because until now the government still prohibits its citizens from using crypto so it is very impossible that bitcoin jiak is used as national currency so it will never happen I

[nurbay]

I see this news somewhat surprised, why Bitcoin can be said as an asset?
Yet we year Bitcoin is the digital currency.
I think Bitcoin is indeed a currency or a tool for investment.
But if an asset when the price of Bitcoin is volatile. Can it be called an asset?

[Mat_Myers9844]

Yeah why no ?, you can store bitcon as a asset

[aryadiningrat123]

Indeed bitcoin is used to make transactions and investments so I think bitcoin will not be used as a national currency so I think it is very impossible for bitcoin can be used as national currency

[Missterio]

Bitcoin has long been an asset the same as money. Only now it's in the digital world. I think that soon crypto-currencies will take even more places.

[PatyZante]

For me, I think that Bitcoin is both a currency and an asset depends on how you want to utilize it.
You can use it as a currency when you shop online, or buy stuff, accommodations or services and use Bitcoin as your mode of payment. On the other hand, it is also being used as an asset, a valuable one when it comes to trading and investments. Personally, I am utilizing it more as an asset rather than as a currency since from where I come from, it is very rare to find a business that accepts Bitcoin as mode of payment, at least for now.

[F.I.L.F]

bitcoin is considered a sustainable asset resource. this is a good opportunity for new investors to enter, and participate in the digital market trading.and bitcoin can be used to buy goods or services but what people actually do with bitcoin is using it as an asset to generate huge profits, not as currency.

[jademaxsuy]

Yes bitcoin become an asset because it has value and take note that the value for btc is worth more or less 7K Usd PER BTC and that is a good market price if you had few bitcoins probably you are rich. This is why bitcoin could become an asset but i do not know if it will be honored by the government if you will declare your bitcoin as an asset.

[ahmad21]

Honestly, I too think that Bitcoin is a store of value. It can be a very good form of long term investment. Bitcoin does fulfill the perquisites to act as currency. Still there are so many loopholes that need t fixed. It’s really tough for it to act as currency and now almost all the people are using it as an asset to gain profits. The adoption of Bitcoin is still very less and awareness is also very less due to which it cannot act as a currency.

[Alns]

I think bitcoin is an asset that can give us an advantage because in bitcoin we can invest and of course it is an asset if we already invest and I think bitcoin can also be made for future savings because bitcoin is very promising and certainly a person who can feel the bitcoin result of life they are much better than in previous life before they know and know about bitcoin

Yes we can use bitcoin for everyday life earnings, so I can say that for me is like a job, you get up everyday you go to your computer and just certain work, you do it everyday.

[coinhunter2050]

The most of the Asian country is not support bitcoin this is great wall of this area peoples,

[nazarovv]

Bitcoin is definitely an asset, for now. It is an investment, making people profit through time.Bitcoin will surely be the world currency in the future, until then this is an investment. A currency cannot just decline in value within months. It can cause chaos to the world economy, tha'ts why fiat currency is more relevant now.  It is stable and Bitcoin is not.

[Mikasa77]

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

 I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

For me it is an asset because we own it, we have a account. Bitcoin is a big cryptocurrency that the world have now, bitcoin can use to pay and send money without giving an effort. Yes, bitcoin is transaction but that transaction can be asset because you are the one who are holding it and as I understand tge meaning of asset it is a thing or property that you own.

[phamquangbinh]

Most people buy bitcoin to hodl believing that the price will go up in the coming years. It is an asset worth keeping at the moment.

[bololord]

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

 I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

I use bitcoin as a regular currency rather than assets. Of course, i also do savings but i still conceder it an currency. all i care about the future is i want to see an awesome coin which is best fit with everyone's life and situations. there are many numerous problems bitcoin is still facing on. they should be much more open with everyone and everyone should contribute to making it a successful coin (probably asset in the near future).

[lelylely]

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

 I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

Most people are more concerned with profit and therefore more of those who hold bitcoin and use bitcoin as an asset than as a currency for payment. And I think because usability as a bitcoin asset is in want.

[lodcoling]

If we analysis the nature of bitcoin, it can easily says that bitcoin is an asset. Because many people invest in bitcoin to gain some profit. People also invest in bitcoin for long and short period of time what people do for other asset. But bitcoin is designed to use as a currency. But it cannot achieve it goal yet. However, I think with the passage of time when the price of bitcoin will stable then people will use it as a currency.

[Bellator]

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

 I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

Bitcoin is created as a currency but at the same time it is also very useful as an asset.People tend to make it as an investments,for lobgterm or short term it is quitely profitable.This cryptocurrency has upgraded its usage and we are very lucky of being involve in this community.

[ngefek berat]

Yes with the existence of government policies that have inaugurated the existence of bitcoin is likely to make someone become eager in investing so there is no worry if they continue to use bitcoin for a place to earn income every time.

[H4hire]

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

 I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

currency or asset is a big question and debate in the community, it of course has characteristics of both but it depends on your own definitions. I personally use it more like an asset, store in away to hold the value, but so,etimes spend it as money too