Topic: Crypto is an Asset or Currency? - page 16. (Read 3405 times)
For some people, Bitcoin is can be used as currency where you can pay something with your Bitcoin and also can also be used as an asset where you hold them until specified time to get profit. It depends on you, no need to rely with everyone's opinion.
Bitcoin is currency for me I like to choose bitcoin to pay for hiring online services like web development and app developer because i am a software developer and having a business so bitcoin i am using for online payments. Bitcoin is very good for investment perspective like from this we can make some more income and the currency market is very sensitive and tough for the new people but those survive who have some knowledge of this currency.
I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?
What is your opinion?
I think that it is both actually. Cryptos can be used as payments to other users and at the same time cryptos itself has value that we can hold and later on sell. What is your opinion?
I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?
What is your opinion?
Bitcoin cryptocurrency can both play as a currency and an asset. As you can observe, why would it be called a cryptocurrency if it does not act as a currency? Bitcoin is a kind of currency in a form of being a virtual currency. In this type, currency can be used and accessed easily compared to the regular currency we have. In a way that it acts as a asset because it is good for long term holding especially for investments because it inhibits the characteristic of being capable and be able to grow in a designated period of time.What is your opinion?
Crypto can be considered as currency as well as asset. We can use it in exchange for goods and also we can use it as an asset or investment. Although we can use it as a currency in some companies and establishments, still there are also companies which still not recognizing cryptos as a currency and it is the reason why more people considered and use it as an asset to gain more profit in order to convert it to fiat money.
While crypto's can be used as a currency i don't think it is right now, more of an asset like you said.
I hope one day crypto's will be used as a currency meaning you can pay everything with it.
I hope one day crypto's will be used as a currency meaning you can pay everything with it.
I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?
What is your opinion?
Well my opinion crypto is an currency and yes, it is possible that crypto can be assent in bitcoin because crypto creates an digital currency to make people safe there money to invest quickly and easy but guess what? crypto can be asset and bitcoin as well can be hacked. What is your opinion?
in my opinion depends on the use of bitcoin, if we use bitcoin for a payment transaction of course bitcoin is the currency of the future that serves as a means of payment transactions but if the use of bitcoin as a business object for investment and trading of course bitcoin is an asset or commodity,
for me kripta is a digital currency, can be used investments and transactions easily and safely in use to earn a good income, so for me that way I will get more profits in the long run.
if you are investing at this time, you will get a big profit, because the price of bircoin every day rises.
if you are investing at this time, you will get a big profit, because the price of bircoin every day rises.
I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?
What is your opinion?
Well I could say that it is currency but can also be callled an asset. It is a currency because just like fiat we could use it to make a transaction and it is an asset also because like gold, tokens in crypto can be hold for a long time in order to get profit.What is your opinion?
This confuses me a lot, is it a currency because it is a digital currency that converts into cash or an investment that you can earn from it , but the nearest and closests is a currency. Because we use it as a money on digital world , we buy hings online using it. No matter what it is bitcoin is bitcoin that is going to the moon.
In my view, people are treating crypto as a form of property, investing to make a profit from it, in fact, people do not consider it a currency to trade or buy on a daily basis. People see the crypto as a piece of property similar to gold, jewelry, they will sell when the exchange rate is high. If so, then the current coin fails to fulfill its mission of becoming a future currency - what people can use to trade and sell in everyday life.
I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?
What is your opinion?
Well I could say that it is currency but can also be callled an asset. It is a currency because just like fiat we could use it to make a transaction and it is an asset also because like gold, tokens in crypto can be hold for a long time in order to get profit. What is your opinion?
It's initial purpose would have been to become a digital currency but because of its progress and increased value, it had become an asset. This is due to the fact that its value is too high and continuously increases which made people
Able to invest in it either short or long term, depending on the investor or indidvidual.
You're quite right here and I know that you state here is about bitcoin crypto currency, which there's no doubt about being a form digital currency that obviously considered as a currency. And now it's become an asset of an individual or some investors because the value of it is really had a big difference if we compare its usual price before that the price now is a range of $15,000 to $16,000. Able to invest in it either short or long term, depending on the investor or indidvidual.
i think now Crypto is only an Asset because the value of cryptocurrency is Unstable
currency have the stability Nature ， so call it asset will be more fit.
currency have the stability Nature ， so call it asset will be more fit.
It's initial purpose would have been to become a digital currency but because of its progress and increased value, it had become an asset. This is due to the fact that its value is too high and continuously increases which made people
Able to invest in it either short or long term, depending on the investor or indidvidual.
Able to invest in it either short or long term, depending on the investor or indidvidual.
Cryptocurrency was created initially as a decentralized currency. But along the way bitcoin became more of an asset, people start trading in and with the high volatility big profits can be made. Nowadays cryptocurrency can be seen as both asset and currency, some have more of an asset and some more of a currency.
first of all Bitcoin is an angel who brings a probe passive and active, but at the same time bitcoins will never be a means of payment in real life, as there is not only infrastructure, but society will not be perceived as for a normal life. 
Cryptocurrency was created initially as a decentralized currency. But along the way bitcoin became more of an asset, people start trading in and with the high volatility big profits can be made. Nowadays cryptocurrency can be seen as both asset and currency, some have more of an asset and some more of a currency.
I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?
What is your opinion?
As has been explained to all of us that crypto is a non-currency asset because if crypto in that currency will cause problems to the existing bank in a country and if crypto is used as currency for transaction then the transaction is not valid in law because one- the only thing that can be done in a transaction is money in the country. Therefore, bitcoins are made in assets to prevent misunderstandings from occurring.What is your opinion?
i consider crypto as both currency aswell as an asset.Due to its various features and the role it plays in its users life.crypto's are digital currency which is accepted world wide and it can be send from one person to the another from any part of the world without a third party support and we don't have to disclose any kind of personal information to send or receive crypto's currency we only need to give the wallet address.It can be considered as an asset as its value keeps growing from time to time and it doesn't take much time for the market value to grow.
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