Topic: Crypto is an Asset or Currency? - page 23. (Read 3385 times)
actually it does not matter because many people get rich from it, I think it is not in misuse what is wrong to make it an asset? maybe they see it as an opportunity to enlarge their assets. The goal is the same for quick and easy transaction.
that is both i believe, you can exchange it for other digital and non digital products and coins/tokens, store it to save and multiply value, it is not accepted as wide as fiat but posesses all essential properties to quilify for limited use currency and assets if you decide to invest
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?
Currently, this issue has many different views. It may be considered as a currency, but it can also be considered as an asset. In my opinion, I think the crypto is more likely to be a fortune. Crypto is valuable, even it has a very high value, such as Bitcoin, Ethereum, but it has limited resources and most crypto are not under the control of any individual organization, this is an important need of the currency. However, there are now many places like restaurants, shops that allow Bitcoin payments and this makes many people understand that they are the currency to pay. There are still many uncertainties. 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?
Crypto serves dual purposes i.e as a currency as well as an asset, as a currency it is being used in settlement of jobs and services offered online, meanwhile a lot people sees crypto as an asset due to it's appreciative features that is why people tends to buy and hodl Cryptos as a future investment.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?
Crypto serves dual purposes i.e as a currency as well as an asset, as a currency it is being used in settlement of jobs and services offered online, meanwhile a lot people sees crypto as an asset due to it's appreciative features that is why people tends to buy and hodl Cryptos as a future investment. What is your opinion?
Crypto is definitely is an currency but people are using it as an asset buy using its rapid price increase.
But crypto was found to use as an online currency with anonymous transactions so no one hack or trace our transactions.The first crypto was bitcoin the value of bitcoin when launched was less than dollar but now it is at $16K still increasing.So people think that is an asset if e have that crypto then we can earn good profit in future.
There is no doubt in this fact that the job description of digital currencies has been changed over the course of time. Initially these currencies were developed as you said to make online transactions but now people are using them as mode of investments than as mainstream method of making transactions. The ever growing market values of these coins are forcing people to treat them as investments than as currencies. But crypto was found to use as an online currency with anonymous transactions so no one hack or trace our transactions.The first crypto was bitcoin the value of bitcoin when launched was less than dollar but now it is at $16K still increasing.So people think that is an asset if e have that crypto then we can earn good profit in future.
With its current status I shall say that bitcoin is an asset that is growing to be the first official digital currency that exist. Bitcoin is currently still being converted in able to be accepted. Although there are merachants whom already accepts it as payment, still it is not yet officially and widely accepted by all.
Actually in my sense the Bitcoin is becomes the best assets of the recent time. The reality is that the Bitcoin proves itself both the assets and currency at the same time. Whenever someone needs money he/she can sell the Bitcoin at any time at the best price and get currency. The on the other hand the Bitcoin is a good assets the any other product. The price of Bitcoin is increasing rapidly than any other assets. That will return the huge profit to the investor.Crypto is a digital currency which is mostly used for the trading and transaction in all over the word. I think with the help of crypto currency you can make an asset but with an asset you can’t make a crypto currency
Crypto is treated as asset in most of countries but there are some country where crypto is legal and use as payment system. When we use crypto for trading then that means we use it as asset.
Crypto is just an asset but can also serve for other purposes like making transactions and the rest of them. There are Bitcoin ATMs, so it serves for a lot of things and you can even use it or the debit card to buy whatever you need online (using it direct to make a purchase has a very big limit)but I believe that the main reason why it was made is just for investment, but people wouldn’t like it much if there wasn’t a way for them to share with their peers 
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?
It is a currency. It can't be an asset since everything is virtual and it defines digital currency. Bitcoin is under digital currency which means it uses technology for its function or transactions to work. It just happened that Bitcoin is orofitable to most of its users because its value is continuously increasing.What is your opinion?
It depends upon the way it is used. I think we can say it for both variants.
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?
What is your opinion?
satoshi created bitcoin for us to have a good financial systems where banks cannot provide to us where its inflation proof its like having your own bank where you are in charge of your money its amazing that satoshi come up with this idea that it can transform our current financial system to more advance one he really wants to help the people
It's neither recognized as an asset or a currency, it's something else, that's why it's called cryptocurrency
In my opinion it is an asset at the same time it is also a currency, an asset in a way you can use it for investment to secure your family's future but this one can crashed anytime yet the potential price of this coin is unlimited. thus it is also a currency because we can use this coin to buy something in online shop, use to pay monthly bills in other words you can use this coin for transaction in any merchants that accepts the same coin.
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?
It is a currency. It can't be an asset since everything is virtual and it defines digital currency. Bitcoin is under digital currency which means it uses technology for its function or transactions to work. It just happened that Bitcoin is orofitable to most of its users because its value is continuously increasing. 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?
I think its both we could say its an asset because we can use it in our payment method or we can have an extra income here in bitcoin.We could say its an asset because its like a gold that cannot be depreciated we can invest it to make it more profitable,but I believe the crypto is asset because we are buying and at the same time holds for the possibility of increasing the value. But if we use the word crypto, most people, they know it is a digital currency that speeds up the transaction when it comes to money..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?
What is your opinion?
satoshi created bitcoin for us to have a good financial systems where banks cannot provide to us where its inflation proof its like having your own bank where you are in charge of your money its amazing that satoshi come up with this idea that it can transform our current financial system to more advance one he really wants to help the people
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?
Yes, crypto currencies like bitcoin, monero, and others were invented as a digital currency for quick and easy use but due to their limited supply people now turned them in to digital assets. In time, perhaps people will stop doing so and everybody will get the chance to use them as they were meant be. 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?
I think Crypto is an asset that can be utilized For anyone in making a profit Because now the job field in the offline world is very narrow A very powerful way to earn money is to join the various programs in Crypto. 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?
Yes I agree with you that the purpose for which crypto currency was created is to serve as a digital currency but at the moment most of the crypto currency are their real value and as they struggle to attain their value many take this kind of period and refer to them as an assets because of the value increase. 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?
I think its both we could say its an asset because we can use it in our payment method or we can have an extra income here in bitcoin.We could say its an asset because its like a gold that cannot be depreciated we can invest it to make it more profitable,but I believe the crypto is asset because we are buying and at the same time holds for the possibility of increasing the value. But if we use the word crypto, most people, they know it is a digital currency that speeds up the transaction when it comes to money.. What is your opinion?
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