Topic: If bitcoin according to Satoshi is digital money then why call it investment. - page 5. (Read 691 times)

Bitcoin wasn't envisioned as a form of investment, but it because an investment because of how drastically the price started changing and because it's consistently going up over the years. When the value of something increases over time, it's natural that people will treat it as an investment.
The idea of Bitcoin as electronic cash is still somewhat relevant, and there are people who use it this way. But there isn't enough adoption of Bitcoin as a form of payment, and then there's the scalability issue.
It should also be noted that even fiat is sometimes used as an investment. For example, it used to be very popular in my country to buy the USD, hodl and then sell for local fiat because our fiat suffered a lot more from inflation than the USD, so the USD was mainly seen as an investment. But it is also a type of money, there's no doubt about it. Bitcoin can easily be both, and it doesn't matter whether this is what Satoshi thought Bitcoin would become.

I know you must be wondering what's up with my topic right? I too was having a thought over this and I  felt I should bring it here for discussion so we all can share our own various opinions.

For quite sometime now all I have been seeing is statements and topics of bitcoin being an investment and it bothered me to look into it and I as well stand to be corrected logically and with facts with respect to this conversation.

The sole reason why bitcoin was invented was to serve the purpose of digital money for which it was clearly stated on the white paper by Satoshi Nakamoto as captured below by quote;

    Bitcoin White Paper
If you look at the top page of the while paper, it is clearly written there and there was no captions like investment  attached to it or being mentioned by Satoshi Nakamoto himself. Now I ask how come it deviated to being an investment?. I have read all through the white paper and never saw anything like investment but rather " an electronic peer 2 peer cash payment system" which means bitcoin is money but in a digital way of making payments. So how come it became an investment?

I believe in the course of adding more value to it's existence, whales bought large volume by market manipulation at the early stage of bitcoin inception and those who couldn't stand the market wave sold out giving way for the whales to take over the market and since then along with other occurrence and scenarios,  bitcoin became an investment and store of value aka digital gold as per say as it worked out for the whales according to their schemes. Would it be that easy to correct that notion of bitcoin being called an investment other than money.
When it is used for payment of goods and services on daily basis and we having full custody of our funds in a digital way would it be necessary we calling it an investment aside the price increase which is fluctuating and barely stable for a long time.? I believe Satoshi Nakamoto the sole originator of the bitcoin knows much better than everyone why he invented the bitcoin and I also would be looking forward to his reappearance be it pseudo anonymous or otherwise to making some notable observations on the bitcoin journey so far.

Originally it wasn’t viewed as an investment by most people. I felt alone back in the day using terms like market cap. It was originally a PayPal replacement with no fees. Things have changed a bit and now it’s being pushed as a replacement for gold. It’s scarcity in the end proved to be too valuable to investors for its original mission to succeed.

store of value aka digital gold

as it's grow in value people start to considering bitcoin as an investment. in practical bitcoin is mostly used in trading site rather than for buy goods or pay something. we still face many difficulty in country's regulation, there are still so many country that do not accept bitcoin yet. because of that problem, so many businessman having difficulty to adopt and utilize bitcoin as money or payment method. there are still so many website that accept bitcoin as payment method but i think mostly they are selling service or digital goods, not many that sell actual goods.

Privacy is one of the key features of bitcoin if I am not mistaken. Sole ownership without third party interference was the sole aim where by one can have access to his or her fund and do what ever he or she wants to do with it without any trace or mingling with government or any third party organizations. You have control over you funds.
Everyone individual loves profiting so therefore would utilize every opportunity they have to make more profits. No one is exempted from that even you too would want to use every little avenue to make profit.

People didn't call it an investment, they turned it into an investment property. Right, bitcoin was initially created to be a decentralized currency not controlled by anyone. But it is we investors who have turned bitcoin into a speculative asset, all because of our behavior and usage. But honestly, if bitcoin is not an investment, it is not volatile and not profitable. I wonder how many people will use it? Are you sure you are getting into bitcoin because you need privacy, not profit?

Now I ask how come it deviated to being an investment?