People are most likely keeping it as an investment right now rather than using to pay for things.
Topic: Do you think Bitcoin is a security, a currency or a commodity? - page 9. (Read 1064 times)
Maybe is a commodity wishing to become a currency?
People are most likely keeping it as an investment right now rather than using to pay for things.
People are most likely keeping it as an investment right now rather than using to pay for things.
Well ... everything is relative. Bitcoin is a relatively safe way of transactions. However, there are other much more anonymous crypto-currencies such as Monero or ZCash. Therefore, I would not recommend using bitcoin if you need the most anonymous crypto currency. It is better to pay attention to the above currencies, they have much more meaning and the main thing is anonymity
In a world of consumerism, bitcoin has been used as a digital money to pay bills in the fastest and easiest way. Many countries who doesn't have a legal regulation of bitcoin is entering the market in the simplest way of paying bills the fastest and accessible way. So it can be a commodity but not yet a currency.
What? How so? It is not being used to pay bills, and it is certainly not the fastest and easiest way. Almost no one accepts bitcoin for payment, and governments don't want to recognize it as a payment form because it would mean that their own one doesn't matter anymore. It's too slow, too awkward, too clumsy, and not easy enough to pay bills. If I want to pay my electric bill, I just sign into my bank account and enter the account number. Instant payment. Bitcoin takes several minutes and it's not linked to your account number.
It's a commodity. A store of value in limited supply.
for now i will say bitcoin is commodity, secure yes a currency is no for me because some people still can't use it as payment. as commodity, at leas bitcoin still can be used and it will help bitcoin to have value, and a lot of people can use it whoever that peoples are
In a world of consumerism, bitcoin has been used as a digital money to pay bills in the fastest and easiest way. Many countries who doesn't have a legal regulation of bitcoin is entering the market in the simplest way of paying bills the fastest and accessible way. So it can be a commodity but not yet a currency.
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?
What do you think it is?
I think bitcoin will be "Commidity" especially for those investors, rather than they buy Gold or house and lot they buy bitcoin as a commodity because they believe that someday it's value will be great.Also this is a digital currency and this is easy to carry in life or in bussiness because your life will not be dangerous rather than Gold that your life would be dangerous because I think if the holdapers know that you have Gold , they eventually hurt you to get that gold.
It can be said that bitcoin is more now a commodity and it is bought for resale in the future, and not for trading using as a currency.
Already at the moment there are crypto-currencies much better anonymity than bitcoin.
Already at the moment there are crypto-currencies much better anonymity than bitcoin.
Commodity.
It's already been explicitly excluded from the definition as security by the SEC which'll do me.
As a currency I just don't see how it's ever going to work en masse when it's deflationary. No one will spend it unless it's the only option available to them. It's conceivable it may see far more use as a currency in countries that have weak banking and local currencies and little to none in countries with healthier fiat currencies.
Even if Bitcoin reached 'full penetration' straightforward deflation versus what you're paid in makes it less attractive to spend if you can avoid it.
It's already been explicitly excluded from the definition as security by the SEC which'll do me.
As a currency I just don't see how it's ever going to work en masse when it's deflationary. No one will spend it unless it's the only option available to them. It's conceivable it may see far more use as a currency in countries that have weak banking and local currencies and little to none in countries with healthier fiat currencies.
Even if Bitcoin reached 'full penetration' straightforward deflation versus what you're paid in makes it less attractive to spend if you can avoid it.
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?
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?
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?
What do you think it is?
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