Topic: Crypto is an Asset or Currency? - page 19. (Read 3405 times)
It's both. It's spendable and you I heard that you can already use it to buy and McDonalds and other restaurants and hotels. I really don't care if they treat is as any of the two because I'm totally fine as long as it's accepted and will not get banned.
Since it doesn't have all the functions money should have, it is more likely to be an asset
crypto is a currency because it is called cryptocurrency and it is also works and acts like a regular currency but it is also an asset because it can be used in any other things like trading , investing , mining , etc. crypto's can also be used in both offline and online as long as it is accepted and legalize in a specific country because there were also country that restrict and bans bitcoin like Russia and China because they see bitcoin as a form of illegal tool or unit that can be used by criminal to do a crime like money laundering and scamming/phishing.
I agree with your opinion. Crypto is a currency but digital. It was not like an ordinary currency like fiat that you can use as payment for all materials and services. But it was an asset that may convert into fiat.
Crypto can be said that it is your liquid asset and it is the currency as well because it is treated as currency and it is the asset as well because we can hold it for future. Both asset and currency are good for us if it is said to be the asset then it is profitable asset and we can become successful in the future. Bitcoin and altcoins all of them are good and they are the future currencies it is the digital nature have full freedom whatever you do your personal property.
For experts that doesn't want or tolerate especially our government would say that bitcoin was not an asset nor can never be an asset, they kept saying that bitcoin was useless and no value and not to trust this, but for us believers bitcoin is an asset that can exchange to our local currency when we need to whenever we want to. 
Crypto can be said that it is your liquid asset and it is the currency as well because it is treated as currency and it is the asset as well because we can hold it for future. Both asset and currency are good for us if it is said to be the asset then it is profitable asset and we can become successful in the future. Bitcoin and altcoins all of them are good and they are the future currencies it is the digital nature have full freedom whatever you do your personal property.
Crypto will be both asset and a currency.
Most people are holding there coins and waiting it to goes high.
If your holding your coins it will be a assets.
If you use your coins as payment in your purchase items then it's a currency.
Most people are holding there coins and waiting it to goes high.
If your holding your coins it will be a assets.
If you use your coins as payment in your purchase items then it's a currency.
Cryptocurrencies are both. It is really depends on the project or the type of the coin because most of the coins in the market are about asset because they are like the shares of the company where the name of the coin is the company and once their projects came true then the price of their coin will go up and that will benefit the holders of those coin but there are still few coins in the market that are centered for being a currency or a mode of payment.
Crypto are both Asset and Currency. Asset in terms of value like gold but it is just a digital asset. Currency in terms of payment like dollar,we use crypto as a digital currency to pay or buy some goods.
Crypto as asset and currency? it's all depend on user, there are many user used as payment system like campaign manager in campaign, but there are people who collected bitcoin as their assets in virtual world. so the conclusion is it depend on user if the user is trader type it's become currency and the user investor type it's become an asset
I think crypto is both an asset ang currency. It is a valuable asset since you can sell it in a higher price. It is a currency like digital currency because you can use this to buy or purchase and even use this to pay for bills. It has multi purpose and we can earn from it. You can use this for money transfer since it is digital, you can do online transaction. This is i think why people are hooked with crypto like btc. Its like 2 in 1 package. You can earn, its a business and you can use this in buying too.
Currently I regard crypto as an asset and also a currency. The purpose of crypto was created initially is only as a currency, but as time goes by the crypto is more interesting and this has made more and more people are interested to use bitcoin. This is the reason that makes crypto very well made into an asset, with an extraordinary price increase every time then the owners of crypto could easily benefit.
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?
Crytocurrency is a valuable asset if you use it in investing and turning it into profit or income. Everybody is holding it because they want to gain a good profit. On the other side, it is a currency because we use it in selling and buying. What is your opinion?
Yes. it can be both, depending on your point of view but as to me i consider it as the currency
Bitcoin is the first digital currency, and for me as the most popular and the most expensive one, it's volatility is being taken advantage and the price is having a movement that is so hard to follow, I think because of that, it is hard to consider Bitcoin as a Currency but for me, it is a half currency since there are some who accepts bitcoin as a payment and an asset, which people look up to in time to get a profit.
Yes. it can be both, depending on your point of view but as to me i consider it as the 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?
Because of the high value of bitcoin, cryptocurrencies will can be labelled as assets.What is your opinion?
People are buying crypto and hoping that in due time they can sell it at high price.
Crypto can used both an asset and currency, crypto is future assets that potentially profitable like bitcoins that can be more profitable. Just hold our crypto and need to exchange it into any other crypto or other fiat and trade it. So cryto is a digital currency that can be used as an asset for our future.
not for this time I guess because we still need a time before we can use the crypto as currency in our real life. there are many countries that are not accepting crypto as currency and they still think more about the crypto. but it might be possible in the future if the government finally accept crypto especially they accepting crypto as currency. but for now, I guess we only used it for trade and buy something on the internet and exchange it into fiat.
I think crypto is an asset and not a currency, because according to the notion of currency law is anything that can be accepted by the general public as a medium of exchange in economic action. Money can also be defined as anything that can be used for means of payment for purchases of goods and services and for debt repayment. This money is an object that has been generally accepted in society to measure value, exchange, or make purchases of satisfying human needs, whether in the form of goods or services.
Crypto can used both an asset and currency, crypto is future assets that potentially profitable like bitcoins that can be more profitable. Just hold our crypto and need to exchange it into any other crypto or other fiat and trade it. So cryto is a digital currency that can be used as an asset for our future.
in my country bitcoin is better known as an asset because People here do not use bitcoin as a means of payment they just collect bitcoin and exchange it on bitcoin exchange sites because bitcoin has not been legalized by the government but there is no hard prohibition by the government so it is still allowed to collect it. So people here are more familiar with bitcoin as an investment tool.
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