Do you think Bitcoin is a security, a currency or a commodity? - page 4.

kentrolla

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Quote from: florianuhlemann on October 04, 2018, 04:10:26 AM

I treat bitcoin as an international currency, this is its most important task, to be a means of exchange, with which it copes perfectly

Yes I do think bitcoin as an digital currency which can be freely traded regardless of borders and so I agree with your point of considering bircoim as money or exchange. But bitcoin needs More global exposure in order to be freely traded as crypto is still an alien word for many people out there.

bigbosma

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Although bitcoin is only on the way to becoming a currency, I still prefer to consider it a unique modern digital payment medium. But as a safe investment it is now very profitable to use.

Glutius

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I still think that bitcoin is a currency. But the circumstances were such that it is now much more profitable to use it as an investment. But I hope that the governments of different countries will take steps to adopt it as a currency.

Udrujec

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Activity: 308

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Bitcoin is a currency, there is no doubt about it. Its creators position it in this way, and therefore we must perceive it in this way. But now we are quite successfully using it as a very profitable investment.

Wall_Streeet

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it's a common way of exchanging values. therefore, I believe that you just need to keep it

Coin_trader

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Bitcoin is money, crypto-CURRENCY, it is entirely different from the FIAT currency, the official physical money used by the world but they are the same in terms of value, Bitcoin can be converted into fiat and fiat into Bitcoin, the only difference is Bitcoin is a virtual currency but it has the same value as money in terms of spending.

hungsanh2512

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Activity: 437

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In my opinion Bitcoin means in :
- Security : bitcoins are easily stored on a USB hard drive rather than a full-sized safe in the house and easy to bait for bandits.
- Currency : bitcoin competition is like a payment system, so its value can be in the role as a currency.
- Goods : bitcoin is considered gold. Gold is still a favorite investment for many as the global economy is slowly declining.

rj.raj

newbie

Activity: 70

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But no one has yet decided how to classify bitcoin and other digital currencies. That's because they're not really currencies. They're not exactly securities, to be regulated like stocks and bonds. And they're not exactly commodities, since there's no physical product.

florianuhlemann

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I treat bitcoin as an international currency, this is its most important task, to be a means of exchange, with which it copes perfectly

Abbey85

newbie

Activity: 23

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Bitcoin is a limited-liability commodity, with Bitcoin gradually becoming a brand name, and its demand for it is increasing, leading to its escalating costs. In other words, the price of Bitcoin is determined by the level of demand for a rare commodity. Therefore, it is not possible to have an accurate estimate of Bitcoin if it is compared to traditional assets. , which is denoted by the currency as the USD.

Teebass001

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I agree with folks that says it's a commodity. It is actually not practicable to use Bitcoin as a currency. The fees to be paid is quite discouraging.

bonammeo

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Activity: 70

Merit: 4

In my opinion, bitcoin is a kind of secure asset. It still can not replace fiat so I do not call it currency. Bitcoin in the future may be a currency because of its security and reliability, but not now.

KonstantinosM

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Life is a taxable event

I think it's primarily a commodity, but unlike most commodities it's actually much purer because we can know exactly how much of it there is.

While being a commodity it's also a currency, because it has the properties of one.

I don't think it's a security.

k.nero

jr. member

Activity: 34

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It can be all.. a Security, a currency and a commodity. It all depends on the end user, how you choose to use and see it determines what you can call it.

Andrey13101991

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I believe that bitcoin is good as a long-term investment, a kind of means to store and increase their own money. Another very good use of bitcoin is to use it as a means of payment.

Dimas99

sr. member

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Merit: 251

Quote from: Khan Apon on August 13, 2018, 01:27:53 PM

I think bitcoin is a coin and bitcoin have a great future. And usually say that bitcoin is a currency.
And bitcoin is a commodity for all user.
But when you keep the bitcoin, that's mean keep password and hide it seriously and in situation bitcoin is a security.
It's my opinion, you have other please tell me?

everything can happen without anyone can know the development of cryptocurrencies accompanied by the development of technology and progress of the era of bitcoin will be developed because of the investors themselves

yurekaa

sr. member

Activity: 574

Merit: 250

In my opinion. At present, bitcoin tends to be a commodity that can be traded digitally. at present, bitcoin is used more to seek profits from trading than to be used as a currency for transactions. and bitcoin is more widely used for futures investment commodities. and all of this will continue until bitcoin is legalized so that bitcoin will be used as a medium of exchange such as dollars, euros, pounds, rupiah etc.

whiteblue

sr. member

Activity: 1246

Merit: 250

I think bitcoin is just a digital currency and bitcoin can be an alternative payment with long distance and with bitcoin it can also be used to transfer money between countries which is certainly cheaper and faster to arrive by using bitcoin all transactions can become better.

andriw

member

Activity: 406

Merit: 11

Bitcoin is a commodity and currency, a commodity for investment and currency for payment of financial transactions. It depends on the way we see and use it, because bitcoin has the ability to do that even though now bitcoin tends to lean as a commodity for investment.

Piggymonster

member

Activity: 294

Merit: 34

For me, right now bitcoin is a hot commodity. It is not yet declared as a national currency in our country, it is like more of an investment, like gold that people buy it using fiat money and trade it to gain profits. It is very valuable that it is so very expensive.

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