At the beginning bitcoin was meant to be a currency. This is how its creator wanted it to be: a currency whose transactions will be anonymous and will not have the possibility to be contested by any of the parts of the transations. Once the money is being sent, the transaction can be shown to the other person there is no doubt that the money were sent (and received). Because it is so good, because its price has gone up, the bitcoin became little by little also an asset.
Basically bitcoin is totally an asset because it has a value that can be used to buy goods and services and in other side a bitcoin is also a currency because of its market value that can be use in a stock exchange. 
Topic: Bitcoin is an asset or currency. - page 26. (Read 8542 times)
It is a currency that for now acts like an asset because it doesn't have a high enough circulation in the economy yet.
People are trading for short-term profits, bitcoin can also be used as a future investment like gold because bitcoin prices are currently rising steadily. I think bitcoin to be asset it's not a bad thing
Bitcoin is just like gold, it is The Digital Gold.
You can use it as a currency (we still use gold as a currency for some trades) and you can use it as an asset to store your earnings (just like gold).
I love it.
You can use it as a currency (we still use gold as a currency for some trades) and you can use it as an asset to store your earnings (just like gold).
I love it.
I hate how most of the answers here are mostly saying that bitcoin is an investment. smh
i think bitcoin is an vertual currency and it is very good for investment .
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 ??
Bitcoin is both asset and a currency as an asset the value of bitcoin goes even higher everyday thats why it can be called as asset. On the currency side it can be used to purchase in online shopping and other things that need to be paid by bitcoin or other digital currency.
Bitcoin is more of an asset than an currency. This is because initially when bitcoin was introduced the many people collected bitcoin maybe as a hobby or maybe for trading as the prices were very low. Some may have also keep those coins as an asset with the hope of increase in price and definitely may have profited today. So bitcoin is definitely an asset.
I think it both - and asset, and currency. As asset is to old, but it was first and still working.
As currency it has more stability than most national currencies.
As currency it has more stability than most national currencies.
I wonder why did you call bitcoin as a stable currency? I mean one of the most popular feature of bitcoin is it's volatility which is the antonym or opposite of the word "stable".
For me, bitcoin is an asset. You buy bitcoin not because you really like to use it or you want something to be bought that can be only accepted bitcoin, you buy bitcoin because the price pumps in time, so the longer the time you are holding it, the higher the profit you are getting. So, from that, you can say it is more on being an asset than a currency.
At the beginning bitcoin was meant to be a currency. This is how its creator wanted it to be: a currency whose transactions will be anonymous and will not have the possibility to be contested by any of the parts of the transations. Once the money is being sent, the transaction can be shown to the other person there is no doubt that the money were sent (and received). Because it is so good, because its price has gone up, the bitcoin became little by little also an asset.
I agree, transaction takes a lot of time and efforts. And the price sure is going up for the reason that many are supporting this currency saving a lot of time and efforts just by transacting. It is surely an asset for it is a currency, that finds it more efficient to use. And the price sure goes up.
I think it both - and asset, and currency. As asset is to old, but it was first and still working.
As currency it has more stability than most national currencies.
Indeed i am also accepting that bitcoin is an asset and currency because if we have a bitcoins and we can keep in our wallet then we can say that we have an asset for future and present also with addition with that we can also say that we have a currency because we all know that bitcoin is a crypto currency and we can change it to any other currency also. so we can say that bitcoin is an asset and a currency also. As currency it has more stability than most national currencies.
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 ??
Bitcoin is an asset for sure. Just try to pay for something through Bitcoin and you will get an answer. Core devs keep their opinion about some bitcoin features making this currency simple useless for a payments. Good or bad it doesn't stop an adoptation of Bitcoin around the world. Also calling it an asset we have a chance for huge money to come it so cross your fingers and dream that all regulators will call it an asset.
I think it both - and asset, and currency. As asset is to old, but it was first and still working.
As currency it has more stability than most national currencies.
As currency it has more stability than most national currencies.
bitcoin as an asset rather than a currency. Writing in Forbes that value of the cryptocurrency increased 140% in 2016 and 49% in the past month, Dorfman maintains the swings in either an upward or downward direction do not make bitcoin a plausible currency as much as a speculative asset.
currency and assets, I think bitcoin is both.
is not that an advantage if it has bitcoin.
because with bitcoin we can benefit from trading.
and of course bitcoin provides ease in payment activities, buying and selling, and transfer money quickly and easily on a global scale.
is not that an advantage if it has bitcoin.
because with bitcoin we can benefit from trading.
and of course bitcoin provides ease in payment activities, buying and selling, and transfer money quickly and easily on a global scale.
Bitcoin is an asset because it helps you to make money and that makes bitcoin a currency bitcoin is the asset for you to make a currency.
You do have a point, but asset is something you own or bought that have or is valuable that can give you profit. A lot of people use it as a currency, used in payments to buy online or pay debts, but some take it as a currency but use it as an asset.
Bitcoin is best to be saved because the price is pumping every single month, that gives you profit making it a good asset. When you need money, you sell it or convert it into fiat but I don't think that will count as payment so it is more of an asset rather than a currency.
This has been said here before but it's the first asset that bears qualities of both a currency and a commodity.
This is one of the reasons it is so difficult to value but also one of the reasons for its price resilience
This is one of the reasons it is so difficult to value but also one of the reasons for its price resilience
Bitcoin is an asset because it helps you to make money and that makes bitcoin a currency bitcoin is the asset for you to make a 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 ??
I thnk bitcoin is not only currency but more than that. It's like a asset which we never going to touch. it's like a giving us benifits more than other assets we have. For me bitcoin is awesome coice as a asset more than other asset. and is that necessarily a bad thing ?? and what can we do about it as a community ??
I dont think so. Bitcoin is an asset more than an currency. Because the transaction speed is too slow. But you can store it likes an asset for the future
Transaction speed is too slow and the charges might be higher now but i am sure once the lightening network is activated everything will settle down and these sort of issues will be sorted out when these sort of upgrade comes into effect ,but i am still not sure when we will see those updates being implemented. Jump to: