Topic: Is Bitcoin a currency or asset? - page 10. (Read 12796 times)
Bitcoin is a digital currency and you can use it for transfer funds with secured features and bitcoin is using blockchain technology, this technology will be change in the world, it is only the starting .many firms will use blockchain technology near future,
Bitcoin is a cryptocurrency which also doubles as an asset and it depends on how you look at it and how you use it. If you buy and sell with it then it is a currency, but if you buy it and hold it in an effort to make money then it becomes an asset.
Bitcoin is an electronic asset and it can operate only through internet. Due to its specific characteristic the bitcoin has acquired wide popularity among the crypto market .The global business community has analyzed the the merits and de -merits of it and they are attracted to bitcoin to their business deals .Its popularity shows that very shortly bitcoin will be a global currency.
In my opinion, Bitcoin is a currency or asset all right.
With many advantages of payment: fast, easy, safe, economical, multi-national ... And many countries encourage the use of Bitcoin in transactions, even in some hotels will reduce the count % Bitcoin or reservation. Bitcoin will be a popular currency in the future.
On the other hand Bitcoin is also a commodity exchange. Bitcoin buyers will buy Bitcoin at low prices and sell at high prices for profit. Investors can have a lot of money selling Bitcoins and also losing a lot of money ... It depends on the market. So now Bitcoin is the property.
With many advantages of payment: fast, easy, safe, economical, multi-national ... And many countries encourage the use of Bitcoin in transactions, even in some hotels will reduce the count % Bitcoin or reservation. Bitcoin will be a popular currency in the future.
On the other hand Bitcoin is also a commodity exchange. Bitcoin buyers will buy Bitcoin at low prices and sell at high prices for profit. Investors can have a lot of money selling Bitcoins and also losing a lot of money ... It depends on the market. So now Bitcoin is the property.
Bitcoin is an asset, just like gold, property and other valueable projects In the beginning maybe it worked like a currency as well but not anymore. Transaktions cost is way to high and slow speed makes it useless as a currency.
It also be a currency and asset . It's value is so high and its your asset .of course it's currency
Sir, I think bitcoin is a currency, but most countries are not optimistic about the use of bitcoin because bitcoin's price fluctuations are so large. I needed to spend one bitcoin to buy a car an hour ago. It may take two now. Bitcoin can buy a car! Very unstable!
I think it is store of value like gold and at the same time currency. bitcoin is asset because many people keep it for their future money and because of this value people use this to buy anything that they want like paying bills or buy a stuff...
Bitcoin’s very volatile prices have reignited the debate about its usefulness as a currency or as an asset. In some ways, Bitcoin suits the definition of currency quite adequately but if the volatility is less. It allows for the creation of secure and transparent transactions. Thus, can be used as a secondary currency in future. Some of the experts have huge concerns over its volatility. But, sooner or later the prices may remain less volatile as of today.
I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/
What's your opinion about BTC as a currency or an asset?
Suggestions and comments appreciated
I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/
What's your opinion about BTC as a currency or an asset?
Suggestions and comments appreciated
Bitcoin can be both as currency and assets. There are news that some company use bitcoin as salaries, some markets and food shop or food chain accept bitcoin payments. I cases like putting bitcoin in your wallet and investing into it is also part of your assets that could be use for your childrens future.
Is bitcoin a currency or an assets? well it depends on the purpose of bitcoin to its user or holder. If you have a coins or bitcoin and you wanted to convert it into fiat money then its purpose is for currency, but if you have coins or bitcoin and you trade it or invest it then the purpose of bitcoin to its holder is an assets. Bitcoin can be both of two for as long as you use it for financial stability and wanted to earn not just for signature campaign, then it serves it purpose as currency and an assets at the same time.
if I see bitcoin as an asset.
because...
many people want to own it and keep it for the future.
after which they will sell it when bitcoin prices go high.
because...
many people want to own it and keep it for the future.
after which they will sell it when bitcoin prices go high.
Since all currencies are considered liquid assets, definitely Bitcoin is asset and one of the form of investment . All investments are asset there is no confusion about it. If you think of changes in price then I should say all investments' price can increase or decrease exception to the land.
Bitcoin’s very volatile prices have reignited the debate about its usefulness as a currency or as an asset. In some ways, Bitcoin suits the definition of currency quite adequately but if the volatility is less. It allows for the creation of secure and transparent transactions. Thus, can be used as a secondary currency in future. Some of the experts have huge concerns over its volatility. But, sooner or later the prices may remain less volatile as of today.
I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/
What's your opinion about BTC as a currency or an asset?
Suggestions and comments appreciated
In actual bitcoin is not a currency and also not a asset but is is a type of highly encrypted data in the server that is host by the team of blockchain and their technology is like they have no control and also they gaves no control to anyone to Handle or to change any detail of the data that is embedded with the blockchain algorithm of bitcoin .I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/
What's your opinion about BTC as a currency or an asset?
Suggestions and comments appreciated
But due to better economical support by many people to the bitcoin , it get better value and place in the market and now in these days people are using it in all possible ways like buy and sell another things and medium of transfer of Money from one country to another country easily without any limitations .
So you can consider it in any ways according to what you are using it for .
Bitcoin is both currency and asset. Just like a normal currency we can use bitcoin to buy products although at this moment these products are only limited. It is an asset because we are earning from it. It's price value may get higher overtime and this shall provide us income.
For me I consider bitcoin as currency and asset. Asset because you can keep it for longterm and you can sell it anytime you want. Currency because you can convert it into dollars , you can use bitcoin to pay bills.
at first bitcoin is made for digital currency, that is to help the distant transactions. but because of the number of bitcoins that have limits and become unstable in currency values. now bitcoin turns into an asset. and it's like gold that has a limit for the mine. so in my opinion, if the bitcoin in the future does not have a fixed value. then it will be an asset.
Bitcoin’s very volatile prices have reignited the debate about its usefulness as a currency or as an asset. In some ways, Bitcoin suits the definition of currency quite adequately but if the volatility is less. It allows for the creation of secure and transparent transactions. Thus, can be used as a secondary currency in future. Some of the experts have huge concerns over its volatility. But, sooner or later the prices may remain less volatile as of today.
I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/
What's your opinion about BTC as a currency or an asset?
Suggestions and comments appreciated
Maybe for me you can not compare or differentiate bitcoin with assets and currency because these two things are totally different. Currency is any system of money or transactions people used. Bitcoin is a cryptocurrency because it is a virtual currency. Bitcoin can be also considered as a asset because if you have bitcoin, you have an asset which is generally define as all things that we have that is valuable like money, equipment, tools and even credits from other people. So for me, both, bitcoin is both currency and also an asset. I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/
What's your opinion about BTC as a currency or an asset?
Suggestions and comments appreciated
Bitcoin is a currency because it is use to pay and accepted by some banks and supermarket, it can be an asset also because it use to trade and save in the banks.
Both, bitcoin is a currency at the same time it is become a asset. The bitcoin use in transaction payment and the other one, they profit from bitcoin is will be save money in the banks or invest business or buy house to become asset.
Well in my opinion, bitcoin is more like an asset. Because currency is defined as a money system that is commonly used in a nation or country. Since there is no specific country that uses bitcoin as currency it is more likely as asset. Its an asset because its value fluctuate and its value compared to its last year's equivalent is much higher now.
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