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Topic: Do you think Bitcoin is a security, a currency or a commodity? - page 6. (Read 1112 times)

sr. member
Activity: 1463
Merit: 265
Pepemo.vip
I think that nowadays for most of us bitcoin is just a way that we could put our savings and wait some time for income that could come but in future there  are lots of chances that it will turn to be a currency for most of us.
full member
Activity: 564
Merit: 100
Bitcoin is a virtual currency that changes the way people think about currencies. It does not have the disadvantages of flat money. It was born to serve the needs of trading in a modern environment. Bitcoin's current difficulty is that it is not widely used around the world.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/

What do you think it is?

In my own opinion bitcoin is a currency that will give us opportunity to buy our commodity as it gives us security. In short bitcoin is the three that you have mention. bitcoin is a currency that made our transaction faster and easy. It has a special security that not easily got hacked.
full member
Activity: 574
Merit: 102
for now the reality that bitcoin is only limited to commodities / assets that function to trade. people come to buy bitcoin for short-term profits, buy the lowest price and sell at the highest price. but if you want to be a bit idealistic, bitcoin should be more than just an asset or a commodity, bitcoin must have the value of another function which can later be categorized as a legitimate currency, used to buy various kinds of needs. obviously we are in the process of achieving that goal.
member
Activity: 434
Merit: 86
Community Manager
Bitcoin at first was nothing, just needed a social push. Bitcoin is a cryptocurrency created to make anonymous transactions. From there you can interpret it as "safer" or not. Convenience ?, well, every time there are more cards to use them daily without problems.
sr. member
Activity: 569
Merit: 250
My answer is certainly in the bitcoin whitepaper or the purpose of satoshi nakamoto in making bitcoin, in fact bitcoin was created as a digital currency and the words contained currency not commodities.
People have known bitcoin as a currency not a commodity
newbie
Activity: 41
Merit: 0
I'm leaning towards the currency. I think it all depends on who owns Bitcoin and for what purpose is used!
sr. member
Activity: 658
Merit: 250
Maybe is a commodity wishing to become a currency? Cheesy

People are most likely keeping it as an investment right now rather than using to pay for things.
maybe you can say that right now in my country, investors may still be considered as commodities because crypto currencies have not been officially used to process legitimate transactions or payments.
newbie
Activity: 27
Merit: 0
Bitcoin is a moderately safe method for exchanges. In any case, there are other substantially more mysterious digital forms of money, for example, Monero or ZCash. In this manner, I would not suggest utilizing bitcoin in the event that you require the most mysterious digital money. It is smarter to focus on the above monetary standards, they have significantly more importance and the primary concern is namelessness.
sr. member
Activity: 784
Merit: 314
The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/

What do you think it is?

Bitcoin is a system that regulates payment tools to compete with FIAT currency, if it is said to be a commodity, it can also, because the value of bitcoin shares is regulated on the stock exchange with Bitcoin Futures
full member
Activity: 392
Merit: 100
bitcoin is a digital technology advancement and is phenomenal, it will certainly cause a lot of debate and not a few who think bitcoin is a fraud, but in my opinion bitcoin is a combination of security, currency, and commodities that makes bitcoin phenomenal.
newbie
Activity: 65
Merit: 0
Well, Bitcoin can be possibly any of them, but currently, it's a commodity mostly
because it's too volatile for a currency and doesn't represent a share of a company as a currency, SEC agrees
member
Activity: 364
Merit: 10
I think bitcoin is only as an intermediary for transactions and not as security, so bitcoin is like offering a solution for security when making transactions.
sr. member
Activity: 630
Merit: 250
Bitcoin is a completely new phenomenon, so there is debate and many consider bitcoin a Scam.I believe bitcoin combines security, currency and commodities at the same time, making it unique
full member
Activity: 546
Merit: 100
The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/

What do you think it is?

Bitcoin security element can not say anything. Reliable in the conditions of today, but future technology can make Bitcoin inadequate. Especially in terms of security.

Yes, a currency. Because, Bitcoin's mission is to use it as a means of payment.
member
Activity: 322
Merit: 10
I think that bitcoin is both currency and security. I think that all the crypto currency is our future, and soon all countries will start using it
hero member
Activity: 1190
Merit: 534
To be honest, I believe that Bitcoin is a currency which is different than the traditional form of currencies. However, as a majority, we are treating it as a security or investment option considering speculative gains. The core fundamentals of Bitcoin states that it is a payment system based on decentralization and hence we should treat it in that way instead of giving priority to the other things.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
Bitcoin is what you want it to be. If you want to use it today to buy a Drone, then it will be a currency and tomorrow you want to trade with it, then you use it as a Security or a Commodity.  Wink Bitcoin is a very flexible technology, because it can be used for several different things, depending on the requirements and the circumstances.

The moment when we put it into a little box and define it as ONE thing, then we limit it's use case.  Tongue Let's also be flexible and use it as we see fit.  Cool
sr. member
Activity: 536
Merit: 251
Bitcoin is primarily a secure form of exchange of value of any goods. It's a single currency that can work anywhere on earth and can't be faked. And most importantly, it is not subject to inflation.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/

What do you think it is?

I believe that bitcoin is a currency and a security

Security,because i trust this crypto coin that my future and my love ones will rely on this technology and functionality

Currency,because this is the future payment material for the human race in sooner
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