Topic: Bitcoin is an asset or currency. - page 24. (Read 8584 times)
The debate will rage on, but I'd bet almost ANYTHING that Bitcoin will be much higher in 2020 than it is today.
Why do you dismiss Bitcoin as a commodity? There is a cost to mine bitcoin which is very measurable (computing power + electricity).
Even if bitcoin or other cryptocurrencies shift their focus towards transactions, don't you think the deflationary nature of these currencies is a problem? I remember reading someone bought pizza with 10000 bitcoins in 2010. I feel that I will always be buying figurative pizzas (compared to what I could buy in the future) with any of these crypto currencies, if I were to transact with them. What are your thoughts on the deflationary nature of bitcoin etc?
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
Well, as a bitcoin earners and users, I will say that Bitcoin is both asset and currency. Yes, It is and asset and also a currency. I say it that it is an asset because We can earn and gain a lot of money because of it. We can trade, invest and gamble and do what ever we want to do here in Bitcoin. And it is a currency because you can easily buy items and foods in some shops and stores in our country and in online by Bitcoin. Hence, Bitcoin is both asset and currency.
and is that necessarily a bad thing ?? and what can we do about it as a community ??
Well, as a bitcoin earners and users, I will say that Bitcoin is both asset and currency. Yes, It is and asset and also a currency. I say it that it is an asset because We can earn and gain a lot of money because of it. We can trade, invest and gamble and do what ever we want to do here in Bitcoin. And it is a currency because you can easily buy items and foods in some shops and stores in our country and in online by Bitcoin. Hence, Bitcoin is both asset and currency.
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
Either of the two so it simply depends on the situation of a user. If it is legal to that country, users on that place would be able to use it as a currrncy and as an asset. But for those who are living in countries where it is not yet legal, it will only be an asset where they can make profit through storing Bitcoin for a long period of time in their wallet.and is that necessarily a bad thing ?? and what can we do about it as a community ??
I agree with that. Bitcoin can be an asset and a currency at the same time. It is a currency when we use it for transactions and paying bills. It is an asset when we place it in an investment where the user can get profit into it.
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
Either of the two so it simply depends on the situation of a user. If it is legal to that country, users on that place would be able to use it as a currrncy and as an asset. But for those who are living in countries where it is not yet legal, it will only be an asset where they can make profit through storing Bitcoin for a long period of time in their wallet.and is that necessarily a bad thing ?? and what can we do about it as a community ??
Bitcoin is both an asset and currency but it's more of an asset and it's really proving to be a very profitable asset because the price is just increasing day by day, making it the most sought after asset of this decade.
Bitcoin at the beginning meant a coin. This is how its creator wanted to be it. A currency whose transactions are anonymous and there is no possibility of competition by any part of the transaction. Once the money is being sent, the transaction may be shown to another person, there is no doubt that the money was sent. Because it's very good, because its price has increased, Bitcoin has rarely become smaller through a property
asset. currency. bitcoin. can be exchanged, but I think bitcoin is an asset .. because they are not a tool to exchange. that is the thing to exchange
in my country. They do not recognize bitcoin as assets or currency. currency or property are the same. and bitcoin are worth to exchange.
The difference between Coin and Token is of course different. Coins are mostly used as a transaction tool, but Tokens can be used for a wider than as a transaction tool. To make Bitcoin a fairly simple asset, first we buy Bitcoin and we keep it for a long time as an asset. I do not think there's anything bad about being an asset. But currently seeing significant fluctuations is certainly a lot of speculators who play in the short term.
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
Either of the two so it simply depends on the situation of a user. If it is legal to that country, users on that place would be able to use it as a currrncy and as an asset. But for those who are living in countries where it is not yet legal, it will only be an asset where they can make profit through storing Bitcoin for a long period of time in their wallet. and is that necessarily a bad thing ?? and what can we do about it as a community ??
When you keep Bitcoin, you are certain that you are keeping one thing valuables that will increase in price with time. Bitcoin can even be uses a medium of exchanges for product and services. thus holding it, knowing that it will increase in price makes it associate degree plus. That you simply will use it as a way to exchange makes it a currency.
simply both friend 
I do think bitcoin is an asset in which continues to grow as time passes by. Bitcoin is something that we can trust to continue to move forward and gain us reward other than other crypto.
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
People is just using it to profit in Trading. But I know that Bitcoin will be more than that someday. We just need to wait and support the cryptocurrency world.
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
People is just using it to profit in Trading. But I know that Bitcoin will be more than that someday. We just need to wait and support the cryptocurrency world.
yes, bitcoin is more than a currency. It seems to me that soon this coin will be used as an investment. And as a means of payment, alternative coins will be used.
I think bitcoin is an asset, because the value of bitcoin keeps increasing.If you hold bitcoin for long time you can have more profit while you sell it.
I think bitcoin is an investment not an asset because to hold and save for the long term because bitcoin supply is rare because of the high bitcoin prices and the demand is very much. of all entrepreneurs / workers / entrepreneurs many who want to invest their funds in this bitcoin virtual coin,
and also bitcoin is like a tool substitute money for the transaction tool because the virtual coin is created to get profit when we to save money in the form of bitcoin.
I know in the stock market is experiencing negative turbulence about bitcoin because the shareholders who are not from virtual bitcoin greatly threatens the price of the local or world stock market therefore now bitcoin there is a refuse and some are receiving.
as an example that has already received the state of virtual bitcoin coins ie japanese state, america.
and the country that refused to be marketed in the local state stock market is like chinna.
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
People is just using it to profit in Trading. But I know that Bitcoin will be more than that someday. We just need to wait and support the cryptocurrency world.
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