Topic: Bitcoin is an asset or currency. - page 31. (Read 8562 times)
Bitcoin is attractive as a currency or Bitcoin is digital cryptocurrency. The main purpose of creating bitcoin is to use it as a digital currency, bitcoin value is continue to rise over time, people consider it as an opportunity to gain profit. I hope stay invested on BTC and the marketing of BTC continues to grow in future.
In my personal opinion, bitcoin is an asset. It's true if people call it virtual money, but for the next 10 years that view will slowly disappear.
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 ??
Bitcoin is both asset and currency. Asset because users can even earn some or do trading or investment with it, and it is easier than we expected. Also, bitcoin is a currency because many people are using this to earn, which they can possibly use in their country if it is converted in one's local currency. It is a digital currency that is used exclusively for people who have internet connection. and is that necessarily a bad thing ?? and what can we do about it as a community ??
I used to consider Bitcoin as a currency, when I fist entered the cryptocoin sector. But now the things have changed. The huge increase in fees has made the usage of Bitcoin as a payment medium very expensive. On the other hand, its attractiveness as an investment has risen, due to sky high returns.
It is the new age and now everything is the use of the new technologies I am sure the bitcoin is going to help all the people and the increase of the money will help then to have the high price and the increscent in the price will help thousand of the investors who are using the bitcoin and the increasing price of the bitcoin will help then so the bitcoin is the currency for sure. yes! It is really an asset or a currency, because in this economic environment, bitcoins are malleable to economic reforms.
And there is no baneful influences to our lifestyle in using bitcoin.
Bitcoin's intended purpose is as a medium of exchange but it may also be used as an asset and investment. ... Whether the evidence towards investment rather than currency and thus a medium of exchange is due to the volatility of Bitcoin is a matter for future research. And there is no baneful influences to our lifestyle in using bitcoin.
It is both an asset and a currency it depends on how one treats it. It can be seen as a full currency if you only use it for small or large scale procurement almost everyday and it can be an asset if you solely buy them to trade or save by taking advantage of it's volatility.
yes! It is really an asset or a currency, because in this economic environment, bitcoins are malleable to economic reforms.
And there is no baneful influences to our lifestyle in using bitcoin.
And there is no baneful influences to our lifestyle in using bitcoin.
I used to consider Bitcoin as a currency, when I fist entered the cryptocoin sector. But now the things have changed. The huge increase in fees has made the usage of Bitcoin as a payment medium very expensive. On the other hand, its attractiveness as an investment has risen, due to sky high returns.
I think that bitcoin is just the both of those two. Currency and asset because with bitcoin, you can buy things online or use it as a payment for the things or items that you will buy and it is also an asset because if you will decide to just hold it then you will have a a chance to make profit by just holding because the price of bitcoin is going up as the time goes by.
Definitely an asset for me. Price is still increasing and it would be a waste to spend it as currency for now. Will wait for when i really need the cash.
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 ??
It's simply both.
Bitcoin is attractive as an asset to hold because of it's scarce nature. Bitcoin is also attractive as a currency because it's borderless, permissionless, and pretty fast and cheap (except when Roger Ver/Bitmain are spamming it).
So for some use cases like buying a VPN, bitcoin is the best 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 ??
For me bitcoin is currency but at the same time is asset and is that necessarily a bad thing ?? and what can we do about it as a community ??
I used to consider Bitcoin as a currency, when I fist entered the cryptocoin sector. But now the things have changed. The huge increase in fees has made the usage of Bitcoin as a payment medium very expensive. On the other hand, its attractiveness as an investment has risen, due to sky high returns.
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 ??
For me not. It is not a bad thing instead, it is one of its many uses because it can be used for various ways. For me, bitcoin is really an asset you get. An asset you put your time into and an asset that we invest on. As community, keeping its demand and popularity is a good thing we do to contribute. We should keep supporting bitcoin as it is the one that might change our future.
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 ??
I agree if bitcoin is said to be an asset, but I do not agree to say it as currency because the value of bitcoin is unstable. bitcoin as an asset as well as gold and silver where we expect value to rise and generate profit for us as a traders.
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 ??
Op, Bitcoin serves as an assets and as currency. It serve as a currency because you use it to make purchase and at the same use it to pay for services. Bitcoin serve as an assets for reason been that its value appreciate significantly over time and that makes it an assets that worth investing as compared to other form of traditional assets. and is that necessarily a bad thing ?? and what can we do about it as a community ??
Bitcoins became an asset if it was own by any individual even in a very small value and its also a currency when you use it to pay for goods or any services that requires payment.
If you have a Bitcoin debit card then it is easy to sue Bitcoin as a currency as it gets converted immediately and you can purchase what you like any time anywhere. I also do believe that Bitcoin being the first digital bloclckchain currency is like Gold in the sense that it is a store of value also and holding a little Bitcoin long term might work wonders for anyone's retirement fund portfolio or generally for the future.
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 think bitcoin is an currency where you can exchange your bitcoin into valuable things and you can used it in some transactions like paying bills and shopping on online market. In addition, some people prefer to used as an asset but I prefer to used as currency. and is that necessarily a bad thing ?? and what can we do about it as a community ??
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 ??
If i am think Bitcoin has a currency-asset duality in nature. Bitcoin is a currency because it is made as it i and Bitcoin is an asset because it behaves that way. I believe that Bitcoin is not intentionally made to behave like an asset since Satoshi designed Bitcoin as a "digital cash". However, because of decentralization and volatility, it is inevitable to make Bitcoin behave like an asset more than like a currency. Behaving an asset is not a bad thing but it might hinder Bitcoin from going mainstream. We cannot fully eliminate the nature of Being an asset in Bitcoin but we can reduce that by using it like fiat and do not hold. and is that necessarily a bad thing ?? and what can we do about it as a community ??
Hallo all
Bitcoin is a unique form of asset and could also be a currency where in you can use it as an investment; buying ,holding,and selling it on its expensive price in order to earn a profit. It is an asset because by owning a portion of it allows us to access on different transactions through its application like paying bills,tradings etc. Its digital value is considered as currency where in you can use it as digital cash for paying bills or goods, thanks
Bitcoin is a unique form of asset and could also be a currency where in you can use it as an investment; buying ,holding,and selling it on its expensive price in order to earn a profit. It is an asset because by owning a portion of it allows us to access on different transactions through its application like paying bills,tradings etc. Its digital value is considered as currency where in you can use it as digital cash for paying bills or goods, thanks
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