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Question: Bitcoin as P2P currency Vs BTC as asset for investment
P2P mainly - 5 (13.9%)
Asset mainly - 11 (30.6%)
Equally P2P and asset - 18 (50%)
Not really sure - 2 (5.6%)
Total Voters: 36

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Author Topic: Bitcoin as P2P currency vs Bitcoin as an asset  (Read 575 times)
TheUltraElite
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January 25, 2024, 02:12:30 PM
 #81

You can think of Bitcoin as an asset or Bitcoin as P2P, it doesn't matter. We don't need to compartmentalize whether Bitcoin is an asset or not, the most important thing is how Bitcoin can be adopted by more people globally. Whether people consider it as an investment or for payment is up to them, the point is that Bitcoin as a digital asset must maintain its existence and we must continue to support it in the future.
It is the public's choice indeed. If the public finds its use more as an asset to store for the long term then it will be so and if they find its use in spending and buying groceries then by all means it will compete with existing digital payment systems. One thing is for sure that the second option is limited at this point in this world and hence the first point is what the position of bitcoin among common people is.

Hence for me both of them are possible uses. It is money and it has a growth potential, but its limited use in my place so I prefer to keep it as store of value for now.

 
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January 25, 2024, 04:15:33 PM
 #82

Bitcoin is considered as an asset rather than currency which is not what Satoshi intended but it is not affecting the adoption of bitcoin in any way. The popularity keeps growing year by year and the price as well so its our money so we can use it as we want whether as currency or as an asset that is the biggest positive of decentralized monetary system.

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