Bitcoin become an asset

[MAJICOIN]

Bitcoin is crypto currency and it is also an asset and for now if we have invest our money for bitcoin and crypto so it is good because bitcoin is like a cash and it is liquid cash now we can sell our bitcoin for cash and it is converted into many international currencies like Euro, USD Pound and many other coins. Bitcoin is asset now for everyone.

[burakdat]

Well this is absolutely true Bitcoin is the best digital asset now . Btc price and demand always high thats why every crypto enthusiastic people want to reserve Btc for future.

Yes aside from that people are keeping bitcoin because they thing of it as an investment. These are the common things that people has seeing bitcoin. Some may say that it is use as a form of payment and others would say that bitcoin is an asset. I may say either of those things they say are all right and correct.

[Vaflia]

Bitcoin was an asset from the very beginning and it can be perceived only in this way. I think it would be a mistake to consider it a currency.

[Paanderson]

Actually i think bitcoin is an asset, with high price than several yeah ago, now bitcoin is high value assets and its price can change day by day, and it can be pump in the future, so everyone protect bitcoin very carefully, the person who holds more bitcoin use advanced security techniques to protect them in the safest way.

[Favour]

 By definition of an Asset, it is anything owned or controlled that can bring future economic benefits. The question now is that does bitcoin falls iinto this category the answer is yes. Many people hold bitcoin with the intention tthat the price will rise in the future so that they can sell it to make profit which represents future benefits. It is also hold as a means for exchange or value to buy other coins on the exchanges

[ValerKat]

No doubt that Bitcoin is an asset (a digital asset) as well as all other cryptocurrencies. Everyday traders wildly invest in all cryptocurrencies, use them in exchange operations and finally earn fiat money.

[bitcoinposts]

Bitcoin is an asset rather than a currency we can expect bitcoin price  increases and decreases so in long-term profit consideration we can expect bitcoin as a commodity rather than a currency with a lot of speculation

[Maricel2017]

This is already an asset because in bitcoin you can earn money and continuous flowing income specially if you have bitcoin miner or business that bitcoin is part of it, there are some people treat bitcoin as other income even it much higher profit than their usual job its because we feel that having regular job and bitcoin earning is much better.

[burakdat]

I think bitcoin is an asset, and it's hard to call it a currency.
Because currencies will be used widely, and bitcoin is difficult to use on a large scale today, I hope the lightning network can change everything. Bitcoin is truly an asset, just how you put your investment in the market. It's good for short-term and long-term investments, it's just a matter of taking care of your business investment.

Whatever they call for bitcoin as long as what we believe is right then we should not argue on what truly bitcoin. Even the discussions on the US congress about bitcoin they are not sure what could be the definition of bitcoin. However, i do believe what i believe about the system.

[Heatherwhite]

I think bitcoin is not just a digital currency but it is also a digital asset. It is an asset because we use it as investment to earn profit. Currency because we use it as a payment method online.

[cherryfer]

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 very multitasking we have to it a jack of all trade because since bitcoin built as decentralized crypto currency it  will do it more financially, investment, payment transfer quo-lateral like an assets, gift and etc. that's what bitcoin do for us. so you have to analyzed what is the classification it has.

[BlockchainGod]

I think bitcoin has always been an asset, people just didn't understand it. Bitcoin cannot be a currency.

[Cacao2017]

Bitcoin is part of your wealth. You can use it as your currency. For example, if you use your money to buy bitcoin, then bitcoin and your money can be sold for money at any time.

[Luizrosevelt]

In my own opinion, bitcoin has both aspects of currency and asset. More often than not, people use it either way based on personal need at a time. While bitcoin has grown remarkably well in recent years, the price movement best describes it as an asset more than it does as a currency. The currency aspect would improve naturally with mainstream adoption and positive press.

[andriw]

The initial purpose of bitcoin was indeed used for currency as a digital currency, which was expected to be an alternative in transaction payments. But as the development progresses, bitcoin gets very high demand, resulting in a surge in the value of bitcoin itself. The high value of bitcoin raises the new function of bitcoin as a profitable investment asset.

[SamanthaPhillips]

I think it can be both, bitcoin can be an asset or currency depending on its use, if I want bitcoin as a long-term investment or assets I will save for the future, but if I want to make it as currency then I will pay my employees to use bitcoin, I think my employees would be happy if I pay with bitcoin because it could be a future asset.

[princehandsome]

Of course Bitcoin can be a useful asset in the future because Bitcoin can make money and help the economy of the community. Bitcoin is a very valuable asset and Altcoin can also be used as assets to get maximum profit.

[Kiwek]

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 think that is good news where we see that the condition of Bitcoin is not yet a legitimate payment instrument, it is the first step as a stepping stone to become a currency, a very good asset to grow more and attract more investors, especially for South Korea.

[OURZNetwork]

In my opinion, Bitcoin is an asset and in the future, it could become a currency.

[Elqui]

Nowadays, you can call bitcoin an asset because you are actually investing in something and it will go up in price in the future, so the more bitcoins you have, the more assets you have too.