Bitcoin is a treasure.

[Bushdark]

Good Day medium, there is something I will want us to be aware of since bitcoin is a life-changing investment some people are taking it as property, I say this because I overhear someone making a call and saying he has 2BTC and that's is his property.
Now that bitcoin is more valuable in most countries, that shouldn't be a property it should be an investment, those who see bitcoin as property should learn more or read more about bitcoin and how it works.
To me, bitcoin is an investment and also a treasure, I don't know if am wrong or right.
But if someone may ask you, what do you call BITCOIN?

Everyone has different purpose and what they intend to do with Bitcoin. If you think Bitcoin is a property then that's fine and if you think it's an investment, i think it's okay. For me Bitcoin is an asset for investment and we need to know the amount of risks we are taking before diverging into investing in it. Bitcoin can be life changing if we invest at the appropriate time. We can look into the market now that the worth of Bitcoin is lower than what it was before and this is one of the nest time for us to invest in the market so we can make better profits.

[panganib999]

Bitcoin to me is a leverage. In more ways than one, it has been for many people too. Whether helping them financially with multiple bull runs creating one-shot millionaires in a span of few years/months, to people who just really wanted secure and seamless transactions to be made overseas. Bitcoin has become a tool that helped us realize what we wanted to do when we wanted to do it. For me, as someone who was able to get its blessings during bitcoin's biggest bullrun—back in 2018, it severely helped me attain financial success in so many ways, but if bitcoin didn't exist, do I think I wouldn't be successful, hell no! Bitcoin was there to help, but all the work still came from me. So to say bitcoin is the end-all-be-all just relinquishes the credit of effort from you, which frankly speaking, shouldn't be the case.

[Silberman]

Bitcoin to me is a leverage. In more ways than one, it has been for many people too. Whether helping them financially with multiple bull runs creating one-shot millionaires in a span of few years/months, to people who just really wanted secure and seamless transactions to be made overseas. Bitcoin has become a tool that helped us realize what we wanted to do when we wanted to do it. For me, as someone who was able to get its blessings during bitcoin's biggest bullrun—back in 2018, it severely helped me attain financial success in so many ways, but if bitcoin didn't exist, do I think I wouldn't be successful, hell no! Bitcoin was there to help, but all the work still came from me. So to say bitcoin is the end-all-be-all just relinquishes the credit of effort from you, which frankly speaking, shouldn't be the case.

Correct, after all how many people we see that had known about bitcoin for a long time and they failed to achieve any worthwhile goals during the period of time they have been part of this market? Bitcoin is a very powerful tool, but like any tool it is up to the wielder to use it correctly and build the future they want, so while those that achieved their financial freedom using bitcoin should be grateful to it, they should also recognize they also played a significant part on making it a reality.

[The Cryptovator]

It's wealth for me. I evaluate bitcoin similarly to how I do money. Fiat currency is kept in the bank, and bitcoin is kept in a own bank. That is the difference I discovered. True, the majority of us think of investing in and profiting from Bitcoin. Yet it's a risky investment, and your wealth could be lost at any time. Regardless of what we call Bitcoin, everyone is only interested in making money. We cannot deny this actual fact.

[taufik123]

-snip-

Confusion is only created by those who do not understand bitcoin and how to treat bitcoin. Bitcoin is becoming a popular digital investment with ever-increasing prices. High volatility is a characteristic of bitcoin, but this is what makes people start pouring in to get into bitcoin.

If bitcoin is referred to as a place of wealth or as a treasure box, it becomes a term for everyone. People are free to say whatever, but the important thing is that bitcoin will be a valuable digital asset and cannot be equated with an asset like property because of its different characteristics.

[Zakriaaaa]

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[serjent05]

To me, bitcoin is an investment and also a treasure, I don't know if am wrong or right.
But if someone may ask you, what do you call BITCOIN?

Bitcoin is indeed a treasure because it needs a huge amount of energy to be mined and lots of miners are competing just to get the block reward.  I also call it a currency because it possesses the characteristic of money.  A store of value but not really that great though because of its high volatility.

Aside from that, anything a person owns is called his property.  Just like when you buy a gadget, it is your own property.  Anything that is rightfully yours is called your property.

[livingfree]

It's not a problem if someone says that his bitcoins are his properties because it's his belonging. Property/properties isn't just limited to real estate, land or house but it's anything that belongs to you.

So if someone says that, that's true that it is his property and investment. There's nothing wrong with term used for bitcoin as an asset, investment, property, and any other terms that can be used to describe about it as a financial instrument or backing that one has.

[teosanru]

Good Day medium, there is something I will want us to be aware of since bitcoin is a life-changing investment some people are taking it as property, I say this because I overhear someone making a call and saying he has 2BTC and that's is his property.
Now that bitcoin is more valuable in most countries, that shouldn't be a property it should be an investment, those who see bitcoin as property should learn more or read more about bitcoin and how it works.
To me, bitcoin is an investment and also a treasure, I don't know if am wrong or right.
But if someone may ask you, what do you call BITCOIN?

Treasure would be something you just surprisingly found in your backyard. Bitcoin definitely isn't this. But yes it's obviously an investment, it's value deviates over time and for the most part of history if you see it has gone only in the upward direction meaning that it is an excellent investment which has grown over time. Some people refer even their investments as their property so this might just be a difference of nomenclature.

[zaki12]

Bitcoin is a digital currency, or what we usually call cryptocurrencies that are operated through a system called blockchain. Bitcoin was created not just 1 person who wants to be rich because it creates a new financial system. But he or they are people who are fed up with the current financial system which is unjust and only favors a few certain groups of people.

Bitcoins are inflation free because they are limited in number. By its creator, the number of bitcoins is only limited to a maximum of 21 million coins. Because the number is limited and people's trust is what causes the price to soar. Is Bitcoin a treasure trove? Of course because Bitcoin is the asset of the future if you have studied it deeper, and I think Bitcoin is very safe because it uses a blockchain system which is very difficult to hack.

[Dr.Bitcoin_Strange]

what do you call BITCOIN?

OP, property is something that is actually yours, so if the person you overheard said they have two bitcoins and it's their property, there's nothing bad about that. Something you own that's in your possession is your property. I say Bitcoin is my asset, and it is a very valuable asset. Sometimes someone can be referred to as an asset as well.

[Zorigi]

bitcoin is a digital currency, and many also call it the future asset, but in my opinion, everyone has different opinions on this matter, but of course no one can change it.
because bitcoin is bitcoin.

[fuguebtc]

But if someone may ask you, what do you call BITCOIN?

Bitcoin is an asset, an investment, a currency, and a means of payment… it can be said that bitcoin is like a multifunctional product, and what bitcoin depends on the intended use of each person. For me, bitcoin is an investment and a store of wealth, bitcoin offers me the opportunity to earn more money than any other investment thanks to its volatility. Besides, thanks to its decentralization, I use it to store my assets in the most private way. I rarely use bitcoin for payments because I like my privacy.

[awik p]

at first bitcoin was intended as a means of payment, from the beginning it was created there were still few people who knew and believed in it, until finally more and more people started to know about it, so that there was more and more demand for bitcoin, that's what made the price go up, until finally more and more people came to buy it. invest money with the hope of getting a profit from the investment. until now it still continues as an assumption that cryptocurrency is a place to make money

[benalexis12]

Bitcoin for me is the most important assets I got now,.. I have a strong belief on this 100%, and also knew that this bitcoin is the main instrument of God to fulfill my dreams in the future. And this is the only assets digitally I can able to inherit this to my family(wife and son). Therefore,this is more than a treasures actually that I am very proud to have it the moment.

[xzy887]

-snip-

Confusion is only created by those who do not understand bitcoin and how to treat bitcoin.

I think they are still idiots who don't understand Bitcoin yet or haven't learned how to work with Bitcoin. The demand for Bitcoin is huge in our civilization and I think the demand for Bitcoin will increase in our next generation. So those who have not yet understood Bitcoin are still far behind this civilization. They only create confusion among everyone without knowing what Bitcoin is. And so I think it is better to stay away from them.

[Nrcewker]

Bitcoins can be anything to many people. I have seen generally people treat Bitcoins as an investment option. Some use Bitcoins to trade other coins. Some use Bitcoins to pay for services and goods. So yes Bitcoins have multiple uses and features and it completely depends on how people interact with it. I am using Bitcoins as an asset only. I am HODLing it and will sell it when I get the desired amount of profit from it.

[DevilSlayer]

It can be a gift or it can be a curse, there's a lot of misconception in terms of bitcoin because people think that they will easily make huge amount of money if they start accepting and buying bitcoin. I called it a gift because it can give us huge rewards, opportunities, networks and wealth if we have basic knowledge and foundation to what it is. There are now a lot of services and products all over the world that can be purchase through the use of Bitcoin, you can get a lot of abundance by understanding how it works. You can also get wealth through price appreciation or in its simplest meaning is buying low and selling it high but it is not easy as you think because there are a lot of factors that should be consider. It can bring curse to the people who are making investment without prior knowledge to what it is, they just put money without a solid and concrete plan that may cause them to lose in the future. By investing our knowledge first, we can transform that knowledge to unlimited wealth.

[woez]

But if someone may ask you, what do you call BITCOIN?

If Bitcoin is said to be a “treasure” it has a deeper meaning because it is in limited supply and difficult to obtain, similar to how treasure is a rare and valuable item.

In my opinion, why do many people like using Bitcoin as an investment because as a form of digital currency it has potential and can be used as an investment opportunity in the future, but what must be considered is that its value can fluctuate at any time.

[tygeade]

But if someone may ask you, what do you call BITCOIN?

If Bitcoin is said to be a “treasure” it has a deeper meaning because it is in limited supply and difficult to obtain, similar to how treasure is a rare and valuable item.

In my opinion, why do many people like using Bitcoin as an investment because as a form of digital currency it has potential and can be used as an investment opportunity in the future, but what must be considered is that its value can fluctuate at any time.

I would guess that using it as currency is something most people feel terrible about because we know that it is something that will gain a lot of value and that means if we spend it then we are going to end up being sad about it when the time comes and it doesn't really look like we have enough like we used to.

So, if I spend 1 bitcoin at 25k+ right now and buy a car, then when the price becomes 100k per bitcoin then I would be upset because I could have bought 4 cars with it, that is the sad part about it. This is why I believe that we shouldn't have done this, it was a bad choice and we should have avoided that as long as we possibly could and that is why people don't spend it too much.