Can be both of all.
It will depend on how your point of view about Bitcoin.
A trader will see Bitcoin as a valuable asset for trading. But at the same time, he is probably also an investor, where to invest in Bitcoin much longer term so that they can get profits at a certain target price. And of course, it is a business if you are concerned with some projects related to crypto or Bitcoin itself. there are so many types of business to be done with BTC, including gambling and also some terms as said by mk4.
By and btw, this can be also a currency because you can pay something to certain merchants or companies with Bitcoin.
So, don't limit yourself to only one definition and use of Bitcoin itself. Btw, I agree with some members above, Bitcoin doesn't promise anything, but people who really expect it
Topic: Is Bitcoin a business or an investment? (Read 283 times)
Seriously bitcoin can either be used as investments or as a trading depending on what you are using it for there are lot's of people that are making there money on bitcoin which serve to the person as a business and there are some people that do buy and hold bitcoin in there wallet for a long period of time which serve as a investment to the person. Depending on what you use it for and what pays you must.
Bitcoin is a business if you start a business related to Bitcoin (blog/exchange/wallet/etc).
Bitcoin is an investment if you like speculating with certain assets.
Bitcoin is a currency if you like to use it to pay for stuff or receive payments.
Bitcoin is a store of value if you like using it to hedge against the dollar or your local currency.
^ or it can be all of them, or a combination of multiple things.
Sounds good but it would be more accurate if you say Bitcoin can be used as tool for multiple tasks, as you described.Bitcoin is an investment if you like speculating with certain assets.
Bitcoin is a currency if you like to use it to pay for stuff or receive payments.
Bitcoin is a store of value if you like using it to hedge against the dollar or your local currency.
^ or it can be all of them, or a combination of multiple things.
The inaccuracy is Bitcoin is Bitcoin and it is not a business or an investment. Depends on how people use Bitcoin, it will become a tool for business or investment, for specific person, company, etc. Bitcoin itself can not be any of such.
I agree with two points, Bitcoin can be a currency or a store of value.
Generally, it is the best Bitcoin is a tool for multiple things.
I think this topic has been discussed as many times as whether bitcoin is money or an investment. The answer is simply based on your point of view. There's no need to debate it since most arguments argue from a different point of view, there's no way they'll match.
Bitcoin over the years has attracted lots of people into the crypto world since it promises a passive way of earning and many switched fully into cryto currency some other fraction left their paid jobs to concerntrate fully on cryto while others added this as a side hustle.
Of all you've stated above this statement which is I couldn't agree more, IMO, you can't leave your job just for crypto, there's no stable earning in cryptocurrency and besides, you can't rely upon everything about your financial sources towards in Bitcoin that you've said it has a passive income, Bitcoin will not work like that. If you read carefully the Bitcoin Whitepaper it said the "A Peer-to-Peer Electronic Cash System" which means the alternate currency to the fiat which has people have a freedom that no one has a full control except you.But for now, it could be Bitcoin use as these;
Bitcoin is a business if you start a business related to Bitcoin (blog/exchange/wallet/etc).
Bitcoin is an investment if you like speculating with certain assets.
Bitcoin is a currency if you like to use it to pay for stuff or receive payments.
Bitcoin is a store of value if you like using it to hedge against the dollar or your local currency.
^ or it can be all of them, or a combination of multiple things.
Additionally, Bitcoin is very sensitive of risks, you must aware it first and know everything before you will use it. Bitcoin is an investment if you like speculating with certain assets.
Bitcoin is a currency if you like to use it to pay for stuff or receive payments.
Bitcoin is a store of value if you like using it to hedge against the dollar or your local currency.
^ or it can be all of them, or a combination of multiple things.
I will not assume that bitcoin is a business or investment, as I know it is a digital currency that emerged in the last decade and was able to shake the world with many benefits including being dedicated to business and investment because this tool is now widely legal with several other countries that are able to coexist with fiat currencies.
Only bitcoin fluctuates much faster so I consider it a big risk and if you are strong then keep HODL it is much better for future profit.
Bitcoin will become the currency of a large community around the world that even governments won't be able to regulate anytime soon.
Only bitcoin fluctuates much faster so I consider it a big risk and if you are strong then keep HODL it is much better for future profit.
Bitcoin will become the currency of a large community around the world that even governments won't be able to regulate anytime soon.
I don't think so... in order to spur adoption, more entities need to accept BTC, and in order for that to happen, the government has to intervene with those SEC so the transactions are traceable.
That's how exchanges like Binance stay handle those trading volumes.
I will not assume that bitcoin is a business or investment, as I know it is a digital currency that emerged in the last decade and was able to shake the world with many benefits including being dedicated to business and investment because this tool is now widely legal with several other countries that are able to coexist with fiat currencies.
Only bitcoin fluctuates much faster so I consider it a big risk and if you are strong then keep HODL it is much better for future profit.
Bitcoin will become the currency of a large community around the world that even governments won't be able to regulate anytime soon.
Only bitcoin fluctuates much faster so I consider it a big risk and if you are strong then keep HODL it is much better for future profit.
Bitcoin will become the currency of a large community around the world that even governments won't be able to regulate anytime soon.
I would love to get your views on this.
More than 11 years have passed, and people have forgotten the history of the creation of bitcoin and for what purpose the developers came up with this coin.Bitcoin is a fight against financial slavery imposed on us by bankers and central banks in any country.
This is the freedom to manage your money without intermediaries, and no one will be able to ban or cancel your transaction.
Learn history rather than trying to make quick money.
Bitcoin is neither a business or an investment, bitcoin is a currency just opposite our local fiats because it increases in value just hodling it without investing or touching while local fiat decreases when hold, this is just the simple explanation of what bitcoin is and what Bitcoin was programmed to be..
If you need more bitcoin at the risk of losing it all you invest, but if you need more bitcoin without any risk of losing it at all you HODL.
If you need more bitcoin at the risk of losing it all you invest, but if you need more bitcoin without any risk of losing it at all you HODL.
There's no business with it if you trade it or hodl its kinda risky so maybe trait it as an asset since its a digital money but if you plan to build a platform which is so benefecial and can give a good service to your clients or user and you earn from it then you can treat it as business. And also you need to understand that bitcoin is currency the same as fiat thats why its very wrong to call it an investment nor business.
Bitcoin is a business if you start a business related to Bitcoin (blog/exchange/wallet/etc).
Bitcoin is an investment if you like speculating with certain assets.
Bitcoin is a currency if you like to use it to pay for stuff or receive payments.
Bitcoin is a store of value if you like using it to hedge against the dollar or your local currency.
^ or it can be all of them, or a combination of multiple things.
~
this is the best answer. you can think of Bitcoin as anythingBitcoin is an investment if you like speculating with certain assets.
Bitcoin is a currency if you like to use it to pay for stuff or receive payments.
Bitcoin is a store of value if you like using it to hedge against the dollar or your local currency.
^ or it can be all of them, or a combination of multiple things.
~
this is the magic of Bitcoin because it is multi-functional
different from fiat which can only be called currency or gold as an investment
it's true, that "Bitcoin is magic on the internet"
I personally see investors as passive earners since the work smart as their investment works for them. Bitcoin over the years has attracted lots of people into the crypto world since it promises a passive way of earning and many switched fully into cryto currency some other fraction left their paid jobs to concerntrate fully on cryto while others added this as a side hustle.
It's not a passive income but the value increases and decreases from time to time. A passive income keeps you generating profit without doing anything and it keeps making you money from that very investment alone and you don't have any loss from it. But it does look that it's giving us passive income because if we bought at a low price, we're in profit if the price increases.There has been a number of people who have been earning cryptocurrencies full time and made their lives well because it's a real money that we can use for whichever purpose that we want or, if you don't want to use it then chose to keep it. That makes it as an investment and asset.
Bitcoin becomes what you want it to be based on how you use it and earn it. You can consider it as a business if you take it in the form of one and it can also be considered as an investment if you are currently holding and buying it for the mean time. There are a lot of ways on how you can earn from bitcoin, you do not need to be stucked into the confusion of what it really is because it is the user who defines what it is in their lives. Bitcoin is a complex tool that can be used in many ways which will lead to your advantages in life and also in the future.
There are a lot of opportunities available in the crypto space. Crypto is not limited to just about holding or trading. Like every other new sector, there is a lot to leverage on here. You can be an educator...teach people about bitcoin and alts, you could start a YouTube blog on crypto related topics. There is so much in blockchain technology is quite to be untapped therefore there is enough room to develop one's idea.
Although like gold, Bitcoin is a store value and an asset people still view bitcoin as a get rich quick scheme and are only interested when the market is pumping. Very few people use bitcoin as a means of payment for goods and services.
Although like gold, Bitcoin is a store value and an asset people still view bitcoin as a get rich quick scheme and are only interested when the market is pumping. Very few people use bitcoin as a means of payment for goods and services.
It depends on how will you work with it. Some people are just holding it until it become profitable for them.
Some are dealing with the risks in the market as we all know that bitcoin is very volatile.
You have full control of your coins and your fate depends on your action so keep working hard and learn more about cryptocurrency and bitcoin.
Some are dealing with the risks in the market as we all know that bitcoin is very volatile.
You have full control of your coins and your fate depends on your action so keep working hard and learn more about cryptocurrency and bitcoin.
Bitcoin can be both a business or an investment because bitcoin is like money, although not many countries accept bitcoin as a payment system.
People can use bitcoin as an investment if bitcoin is not yet used as a payment in their country.
As an investment, people can treat bitcoin as gold in online life to hold bitcoin and only sell if the price reaches their target price.
However, not many people realize that bitcoin for investment as they prefer to trade bitcoin pair usdt or altcoin to earn bitcoin.
So bitcoin will depend on what you want to do with bitcoin.
People can use bitcoin as an investment if bitcoin is not yet used as a payment in their country.
As an investment, people can treat bitcoin as gold in online life to hold bitcoin and only sell if the price reaches their target price.
However, not many people realize that bitcoin for investment as they prefer to trade bitcoin pair usdt or altcoin to earn bitcoin.
So bitcoin will depend on what you want to do with bitcoin.
This has given me lots of deep thoughts to which direction I should draw my conclusions on.
[..snip]
Treat bitcoin as a multifaceted tool where it has a different set of values depending on how other people see it. Maybe some libertarian would see bitcoin as a means to achieve financial sovereignty and a catalyst for taking power away from the banks and the government. Or maybe the people from the financial sector would see bitcoin as a means of accumulating riches through speculation. Or it could be something a revolutionary technology for a computer programmer/scientist/engineer.[..snip]
It isn't enclosed only for business or investment type of things.
It completely depends how you want it to be?
For most of us it act as an asset. For some it comes as a salary. For few it is used for buying goods. For a lot of us it works as a payment system. It goes on and on as I told you it depends on how you want to use it? That's the power of Bitcoin.
For most of us it act as an asset. For some it comes as a salary. For few it is used for buying goods. For a lot of us it works as a payment system. It goes on and on as I told you it depends on how you want to use it? That's the power of Bitcoin.
I personally see investors as passive earners since the work smart as their investment works for them. Bitcoin over the years has attracted lots of people into the crypto world since it promises a passive way of earning.
I cant argue with your belief. Somehow its there are times bitcoin changes live of others through a big profits. But I dont think you can view it as passive investment. If its an investment its potential to lose is also possible. There is no only gain system on a investment. Someone has to risk something in order to gain and its same like habing bitcoin and stocks. However you can use the bitcoin for payment interaction and not just only for investment alone. 
Bitcoin is a business if you start a business related to Bitcoin (blog/exchange/wallet/etc).
Bitcoin is an investment if you like speculating with certain assets.
Bitcoin is a currency if you like to use it to pay for stuff or receive payments.
Bitcoin is a store of value if you like using it to hedge against the dollar or your local currency.
^ or it can be all of them, or a combination of multiple things.
Bitcoin is an investment if you like speculating with certain assets.
Bitcoin is a currency if you like to use it to pay for stuff or receive payments.
Bitcoin is a store of value if you like using it to hedge against the dollar or your local currency.
^ or it can be all of them, or a combination of multiple things.
I personally see investors as passive earners since the work smart as their investment works for them. Bitcoin over the years has attracted lots of people into the crypto world since it promises a passive way of earning and many switched fully into cryto currency some other fraction left their paid jobs to concerntrate fully on cryto while others added this as a side hustle.
Bitcoin doesn't promise anyone with anything. Jump to: