Do you think Bitcoin is a security, a currency or a commodity?

[hometester]

bitcoin is an opportunity to store money in something other than money and shares

[vagsun]

The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/

What do you think it is?

According to me , bitcoin is a currency as it is used as a consideration for the product you purchase. But in the current scenerio ,people are treating it as a commodity and are investing in it . As people invest in gold or silver similarly people are now investing in bitcoins. They buy btc when its price is less and sell it when its price rises. So in this way people are investing in btc and treating it as a commodity.

[MakeMoneyBtc]

We can't call bitcoin a currency because it's not and I don't think it will ever be. Of course some people use it to pay pay for different services or things but that doesn't happen very often for bitcoin to be called a currency. For example people are never going to pay with bitcoin for their shopping if they have cash available, probably only if they have some bitcoin left and they want to spend it.
I dont think bitcoin is a security since many hacks have happened recently to big exchanges wich proves its not that hard to hack bitcoin wallets. The only option remaining is a commodity, wich bitcoin really is.

[GunsLair]

I think bitcoin combines all 3 of these qualities. In some online stores accept payment for goods in bitcoins which means that they can be as money, in this case, bitcoin is a currency. You can invest in bitcoin, sell and get money for it. In this case, bitcoin is a commodity. And security. You can be sure about your savings in bitcoins, since no one else controls them except you. Unlike money in a bank.

[earnadoge]

The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/

What do you think it is?

I think it's a mix of currency and digital resource.  Nowadays anything can be faked, from art to money, to even large quantities of gold can be doctored.  Something that cannot be faked is definitely a valuable resource, and can be used like money, but using the current market price.

[Ekimzjames20]

The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/

What do you think it is?

I think it's a mix of currency and digital resource.  Nowadays anything can be faked, from art to money, to even large quantities of gold can be doctored.  Something that cannot be faked is definitely a valuable resource, and can be used like money, but using the current market price.

Bitcoin difined as a currency, because it is now started to accept as a digital currency. But i think it can considered also as a commodity, because of the demmand in our market. Many brought it investor.

[tiktak89]

I personally consider bitcoin as a unique multi-faceted technology. It can act both as a currency and as a reliable investment. I think that is the reason for its success.

[jerrison]

i think bitcoin is a combination of security, a currency and also a commodity. the idea behind the blockchain  technology is to have a degree of security in the ownership of a valid asset and also have the currency and can also be seen as a commodity. because of the degree importance the cryptocurrency has become it can not be said otherwise.

[rtm125]

Despite the fact that bitcoin is now mainly perceived as a commodity and a means of earning, we should not forget that it is a currency. This is very important for its further development and implementation as a means of payment.

[minhlee95]

I agree with the view that bitcoins cannot be assigned to just one label of product, security or currency. It is a combination of all three. The unique bitcoin is that it is so different and so profitable from all sides.

[Sam San]

I personally consider bitcoin as a unique multi-faceted technology. It can act both as a currency and as a reliable investment. I think that is the reason for its success.

some countries have declared bitcoin a commodity and use taxation as a sale of goods. some countries consider bitcoin a security and use taxation for securities. samzhe bitcoin is a new technology with features like commodities, money and securities.

[Flor1982]

For me, Bitcoin is very good for an investment so that we could earn lot of money for our direct spending. I cannot see it as a security and commodity due to volatility. Also not for a currency because i only use it for direct spending if really needed therefore Bitcoin is good for alternative investment to earn more fiat.

[btccointalk]

Bitcoin is a currency, a commodity and a security as well.

[nuraziaaziz]

From my personal opinion, I think Bitcoin is a digital currency. It is the same as physical money however the difference is only it works only through application.

[emberbekas]

I think Bitcoin is the most proper currency. Now, people can buy almost things except from retail things by Bitcoin. Even in Thailand, people can visit here and pay costs by Bitcoin . Therefore, BItcoin is supposed to be a type of currency because governments also accept it.

Government policies related to bitcoin can vary from place to place. Bitcoin as a currency still has many denials in some countries. Its fluctuation that make bitcoin is hard to be accepted as currency. Here in my place, bitcoin is more dominant as commodity.

[ruybanoya]

i think bitcoin is a currency. because many people swap to fiat

[SimonJones]

The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/

What do you think it is?

Bitcoin is a Currency because it can be exchanged for buying good and services. It is a security because it has a monetary value and it is also a commodity because it is used in commerce and can be interchanged with other digital and fiat currencies.

[BCTalkaccountforsale]

Bitcoin is the currency security as well as the commodity that depends on the use of the Bitcoin owner. If they store Bitcoin it will be secure and if they want to sell Bitcoin it will be a valuable commodity and in the future Bitcoin may become a popular currency that people known.

[jikurpa]

The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/

What do you think it is?

according to my knowledge bitcoin is a digital currency that was created to keep up with the development of the blockchain economy of a system by using technological advancements and times and in that system there must be a tool that is crypto currency in my opinion

[Vladislav2306]

If I need to choose from this three roles, then today it is a commodity. I can't say it is a currency because of long time and high fees for transactions and volatility of the price. And also it is not security, because everyone can see the transactions.