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Topic: Is Bitcoin a business or an investment? - page 2. (Read 283 times)

legendary
Activity: 2352
Merit: 6089
bitcoindata.science
June 15, 2021, 11:00:09 PM
#2
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. No matter the category of cryto players investments and business shares a tin line of difference since business makes you buy and sell with the intention of making little capital while investment requires you buying and holding it for a period of time so it can appreciate in value. Investment makes you earn passively without much effort or technicality all is required of you is patience while it appreciates over time.

Bitcoin is not about passive earning. When you hold bitcoin in your wallet you are staking, you are not lending, you are not generating any real wealth.

The thing about Bitcoin is that it became more than a simple currency. It is becoming something like the digital gold. As it is very scarce, nobody can really print more of it while the whole world is priting money crazy...

bitcoin is getting more and more valuable because it is scarce, useful as a currency and payment method, stable, decentralized and cannot be controlled.

Holder have earned a lot of money holding it, but I wouldn't really call it passive earning.
member
Activity: 840
Merit: 23
June 15, 2021, 10:31:41 PM
#1
Lately many crypto Marchant interchange this words most often and so many argument has arisen to which category Bitcoin belong to. some are of the opinion that business and investment mean the same thing and as such Bitcoin can be regarded as both it can be said to be a business and at the same time an investment. Another fraction of investors are of the opinion that bitcoin can be regarded as an investment or a business depending on how you go about with the coin in your wallet. This has given me lots of deep thoughts to which direction I should draw my conclusions on.

Different crypto investors do a whole lot around the blockchain technology but majority of the cryto players are more into holding which could be seen as a form of investment. When we consider the business in cryto generally we consider the exchangers and traders alike since the make profit from portfolio income.

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. No matter the category of cryto players investments and business shares a tin line of difference since business makes you buy and sell with the intention of making little capital while investment requires you buying and holding it for a period of time so it can appreciate in value. Investment makes you earn passively without much effort or technicality all is required of you is patience while it appreciates over time.

I would love to get your views on this.
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