I think Bitcoin is great as an asset and not as a Currency.

[Sled]

It is a thing that we have to accept just for now. People had to know Bitcoin as an asset where they use for trading but not as a currency to buy stuff. I know it wasn't right but we can't make a push when a situation remains like this. The majority of business establishments are still not accepting, the appreciation still not exist but couldn't believe that it will remain like this forever. It really needs time...

[slaman29]

I am now using Bitcoin as a currency for 3+ years almost 4.

1. I receive it payment for services online. Just need to go through my post history to see the various signature campaigns I've used:)
2. I use it as a currency for buying some small stuff online. I admit this is not often but still useful when I don't and can't have Paypal for example.
3. I gamble online now only in Bitcoin. Before 2017 I used different fiat payments but always high fee, always problematic especially during withdrawal. Not anymore.

[Vaskiy]

Majority of the people have the same thinking. Because, as a means of payment it hasn't gained big acceptance. Scenario will change with time and we're in the very early days of massive acceptance of bitcoin on inline and traditional stores. There are stores that have started accepting bitcoin and didn't continue the service for a long time period.

Considering it an investment asset most of the users have profited out of it. This is why it has been gaining importance as an investment over usage as currency. By the time the usage as currency will enrich the circulation of Bitcoin. We can expect this to happen over the next few years.

[Shasha80]

Majority of the people have the same thinking. Because, as a means of payment it hasn't gained big acceptance. Scenario will change with time and we're in the very early days of massive acceptance of bitcoin on inline and traditional stores. There are stores that have started accepting bitcoin and didn't continue the service for a long time period.

Considering it an investment asset most of the users have profited out of it. This is why it has been gaining importance as an investment over usage as currency. By the time the usage as currency will enrich the circulation of Bitcoin. We can expect this to happen over the next few years.

The problem with most people not using Bitcoin as a currency, because of problems with government regulations that prohibit using Bitcoin
as a means of payment. Including in my country the government does prohibit Bitcoin from being used as a means of payment, and can only
be used as a digital asset. Therefore, it does take time for all countries to finally accept Bitcoin as a means of payment. Everything does require
a process, let's just enjoy Bitcoin as a digital asset now, and grateful for people who are in countries that legalize Bitcoin as payment.

[Oasisman]

However, I somehow get your point and It's very obvious that majority of Bitcoin owners are either hodlers or traders and isn't usually used as a currency.

Is it? Why is that obvious? Just because traders are more vocal doesn't necessarily mean that they are in the majority. Traders tend to discuss strategies with each other - people using bitcoin as a currency don't tend to discuss what they've just bought with each other. I use bitcoin as a currency almost daily, but I don't start threads talking about my purchases.

Well, that's what make it obvious. They talked about strategies so they could make a good profit in their next trades. So, they are most probably own Bitcoin.
Nonetheless, I'm glad you're one of the Bitcoin supporter, using Bitcoin as a currency in a daily basis. That's why I said there are some who are actually using Bitcoin as a currency.
I myself might not be using Bitcoin in a daily basis, but sure I'm using it to pay for my prepaid mobile data weekly and some other bills monthly.

[molsewid]

It is a thing that we have to accept just for now. People had to know Bitcoin as an asset where they use for trading but not as a currency to buy stuff. I know it wasn't right but we can't make a push when a situation remains like this. The majority of business establishments are still not accepting, the appreciation still not exist but couldn't believe that it will remain like this forever. It really needs time...

I do agree that bitcoin is definitely a great asset that would give an ROI as higher as your principal or maybe as low as your principal in fast pace investment or in a longer  but I thought i'm afraid of the reality of risks maybe i'm looking for a more stable asset. Well maybe this is just for now maybe sooner or later bitcoin will not just as good as an asset but also be one of the qidely used digital currency. I am more excited to use bitcoin as a digital currency.

[barabarian1]

It depends on us what we want to shape crypto in a long term as an asset or as a currency, but we can’t have it both.

people choose from where is the big advantage they get. so far, we know that bitcoin is good to grow economy, for personal. people get lot of money for daily need, and collect it as asset. but, doesnt mean no user use it as payment. sometime, they accept to pay thing with bitcoin.
now, bitcoin price is good to be asset, people will hold their coin for themself, cause its more profitable.

[Yatsan]

It actually depends on the user himself if he will use Bitcoin into what purpose of whether as an asset or as a currency. Originally Bitcoin have been seen to be a currency at the first years of its existence because it was its main purpose for the existence and creation of it. But since there is only a limited availability of those who accepts Bitcoin as a mode of payment due to certain reasons, people now commonly see it as an asset already that is way more easier to be perceived and make use rather than having it as a currency. But Bitcoin can be both. It is just that there is a lack of availability on where Bitcoin can be freely used as a currency so more likely people will tend to use it as an asset.

[Kez1817]

It is a thing that we have to accept just for now. People had to know Bitcoin as an asset where they use for trading but not as a currency to buy stuff. I know it wasn't right but we can't make a push when a situation remains like this. The majority of business establishments are still not accepting, the appreciation still not exist but couldn't believe that it will remain like this forever. It really needs time...

But there are establishment who already accepted bitcoin as payment. If this is the case, it means bitcoin is not just an asset to hold and trade but also it is a currency that can be use to buy and pay even in a limited way. But of course it is more on asset because people usually use it to trade and holding for long term because of it's higher value and volatility which can give higher profit.

[Luqman]

It actually depends on the user himself if he will use Bitcoin into what purpose of whether as an asset or as a currency.

Agree, depends on the purpose of having Bitcoin. Holding Bitcoin as a crypto asset has been proven for years and many people already take advantage of this. I don't see any big problem for Bitcoin as a crypto asset, most countries support it. While if we use Bitcoin as a currency, there are some countries that don't support it. There too many limitations of using it for now. So, it is not really effective to use it as a currency.

[ene1980]

Agree, depends on the purpose of having Bitcoin. Holding Bitcoin as a crypto asset has been proven for years and many people already take advantage of this. I don't see any big problem for Bitcoin as a crypto asset, most countries support it. While if we use Bitcoin as a currency, there are some countries that don't support it. There too many limitations of using it for now. So, it is not really effective to use it as a currency.

I am hearing the theory for the first time  . You think the governments around the world like Bitcoin as the store of value and they are willing to accept that while they do not want to seem them as a currency. We as a community shifted from currency to Store of value because of the scaling limitations we had and once we reach the scaling solution we are supposed to be that could accommodate every transaction at a lower fees everyone will be using it as a currency.

[AakZaki]

I agree with you, although maybe initially bitcoin is intended to be a currency, however now it is really becoming an asset, not a currency. It has so many things lacking to be used as a currency, the volatility and uncommonness are one of them. bitcoin is not common yet, it is not convenient to be used as a currency, and it's really volatile, it might lose the value any time, not good as a currency. However, for an asset, bitcoin has so many great advantages. I guess it's quite clear too that majority of bitcoin user choose bitcoin as an asset or investment, not as alternative currency.

Bitcoin as an asset or investment is indeed very profitable and provides a type of investment that will continue to grow. Price fluctuations are indeed very high and will make the value or price increase or decrease.
Many investors are starting to get into Bitcoin because they are interested in the rapidly growing development of bitcoin. The price of Bitcoin has gone up drastically.
Bitcoin is becoming the most profitable digital currency asset today with a faster percentage.
for as an alternative currency, Bitcoin can be used as a payment transaction in several countries that accept and legalize bitcoin. In other countries, it is still only a commodity asset.

[baeva]

I can't even imagine that bitcoin will ever become the main currency. Yes, he has low inflation. Yes, it has limited emission, which ensures reliability. But all this only confirms that it's just a good asset to keep your money in it

[nhaila]

Bitcoin is a currency, it's just  a not very convenient one because of volatility and occasional high fees. But any currency has some drawbacks, fiat currency gets devalued with inflation, while Bitcoin has no such problems, so you can just store it yourself without the need to invest it somewhere. Store of value is also an aspect of money, money is not simply a unit of exchange.

Actually Bitcoin just a virtual cryptocurrency which have a few acceptance throughout the world. Because a few numbers if countries allowing bitcoin as their transactions systems, last update L Salvador accepted bitcoin as their all activities. But most of the countries dislike Bitcoin. So bitcoin only be a good assets but not global currency.

[ShowOff]

Bitcoin as an asset or investment is indeed very profitable and provides a type of investment that will continue to grow. Price fluctuations are indeed very high and will make the value or price increase or decrease. Many investors are starting to get into Bitcoin because they are interested in the rapidly growing development of bitcoin. The price of Bitcoin has gone up drastically.

Most investor in my opinion prefer bitcoin as an investment asset rather than as an alternative currency. Some of them may also have adopted it as a payment system for the businesses they run (for countries where bitcoin is legal as a currency) and some just as an investment asset. The percentage of investor using bitcoin as an investment asset is much higher than using it as a mean of payment because the legality of bitcoin as a legal currency is still limited by the government through laws in many countries today.

Even so, bitcoin is still good enough to be used as a mean of payment without any government control (decentralization) which has provided quite a lot of benefit for its users on various occasion. Bitcoin users can send large amount (hundred, thousands, to million dollar) of money in the form of bitcoin while sleeping without having to involve the bank and we can choose the fees ourselves.

[Smartvirus]

I might want to buy into that idea of yours @OP about the topic heading but then, your content development is not what I very much agree with. Bitcoin might not be stable at a particular rate which makes it unsuitable but having a set of persons or investors buy let's say, 20-30% of it in order to control what happens in the market and determine the future of bitcoiners is far from the possibilities that can be expected from bitcoin in the nearest or far future.
Bitcoin might be worth more as an asset now and even more in the later future bit then, the possibility of it making a general adoption in the main stream only means, there is a part to it that is yet to unfold and it could be good.

[Silberman]

It is a thing that we have to accept just for now. People had to know Bitcoin as an asset where they use for trading but not as a currency to buy stuff. I know it wasn't right but we can't make a push when a situation remains like this. The majority of business establishments are still not accepting, the appreciation still not exist but couldn't believe that it will remain like this forever. It really needs time...

The main reason for why bitcoin is not used as a currency right now is not that, bitcoin is simply too good for that at the moment, people remember the transaction of 10k bitcoins for 2 pizzas and they do not want to be that person because they know that if they hold their coins for the long term then they will get profits in fiat, this is what it is delaying the use of bitcoin as a currency, but you can be sure that if we see a huge economic crisis, even bigger than the one we are seeing now, then bitcoin will begin to function more as a currency.

[angrynerd88]

As per my learning Bitcoins is a currency and asset at same time.Bitcoin has future value and its adoption is increases globally people use it as medium of exchange.Fiat has inflation but BTC discourage inflation because its volume is defined.Fiat value decreases overtime But Bitcoin has no such issues, so you'll fair store it yourself without the ought to contribute it some place. Store of esteem is additionally an angle of cash, cash isn't basically a unit of trade.Bitcoin is future need to aware the world that BTC is global currency and asset at same time.

[Rruchi man]

The original idea behind BTC was not to be used or seen as an investment strategy (asset) but a means to offer financial freedom from governments interference. But because of its highly volatile nature, many found a way to make money from HODLing it over a time frame thus its use was made broader by popular demand.

To whichever way you use BTC either as an asset or a currency to get things depends totally on you, but a greater percentage of individuals have turned BTC into an investment strategy, many even now compare and prefer it to gold.

[flyer88]

I prefer bitcoin to be said as an asset, which we can keep, we buy at the lowest price and we can sell when the price is high. If bitcoin is made into currency this is really very difficult. Because not many people who lack knowledge of technology and the internet understand about bitcoin. Even buying bread, vegetables, fruits for small-scale transactions is still very far away.