Is Bitcoin a currency or asset? - page 11.

developer101dev

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Quote from: sonewaneaman on August 18, 2017, 03:28:36 AM

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

For me bitcoin is a currency because we can use it today to purchase any products online as long as the store has a cryptocurrency payment method in their list, there are a lot of people who regret not to invest on bitcoins when the price is very cheap before.

Elmughni

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Quote from: sonewaneaman on August 18, 2017, 03:28:36 AM

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

for me bit coin is assets, Im ivesting it for ling therm.

Saveralll

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Quote from: onurgozupek on March 30, 2018, 12:29:18 PM

Bitcoin is a currency and also a payment method. You can't call it as an asset because the others besides bitcoin are assets. You can image Bitcoin as the gold of crypto currencies. Like the fiat currencies have gold we have Bitcoin in crypto world. All crytpo currency exchanges have the BTC/xxx pair and you can name it as a crurrency. It's real than fiat currency because you have the control on your mney. Otherwise you'll need a 3rd party to approve that the money in your pocket/purse/wallet is yours and has the value written on the money...

yes it is bitcoin currency but applies in the digital world.If we want to make it currency,then we must melt it first into the original currency created by the country.Bitcoin also applied like an asset ..

Rayakitty

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Bitcoin is a digital currency that can be used for transactions of goods purchases, for trades or stores that accept transactions with bitcoin. On the other hand, bitcoin can be used for asset-owned investments, bitcoin can be used by buying bitcoin or trading in crypto, then selling coins at a predetermined price that already has a profit. It is an asset that crypto users have.

wave1002012

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Quote from: saiful1234 on March 31, 2018, 11:07:07 PM

Bitcoun is a currency and asset.Bitcoin is called a digital currency and asset but is not a money.Bitcoun has been invented for making the process of paymment easier. Bitcoin ramains as currency or asset.

Bitcoin is very known digital currency and an asset because there some establishment already accept bitcoin as payment. An asset because it can be use trading and invested in stock market for long term to ensure a good profit.

saiful1234

newbie

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Bitcoun is a currency and asset.Bitcoin is called a digital currency and asset but is not a money.Bitcoun has been invented for making the process of paymment easier. Bitcoin ramains as currency or asset.

Kahoy01

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A lot of people may think of bitcoin as a currency. But the current state of bitcoin tells otherwise. Although it hurts to say, but bitcoin is more of an asset for investment rather than a currency when we put into account that it is used more as a way to gain profit than it is used for transactions.

Legwist

newbie

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In my opinion bitcoin is a virtual currency as well as an asset. Bitcoin has been invented for making the process of payment easier, so that Bitcoin is newly invented digital currency and less fee payment system.

Indah_twin

jr. member

Activity: 135

Merit: 3

bitcoin we can use for currency but only applies in countries that have joined in bitcoin digital world. if in my country in Indonesia still can not gan because our government forbids bitcoin in use as a transaction tool .
bitcoin can also be used as an asset also gan.
because we can inherit to our family ..

miang

member

Activity: 196

Merit: 16

In my opinion, first and foremost, it is the currency that can be used for its intended purpose. But just as many use it as an asset for subsequent profits. So one person from the Netherlands sold all the property transferred bitcoin and lives with his family camping in the hope of soon

SteinsGate

jr. member

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Bitcoin is a currency and an asset. Do not get confused. Because bitcoin is called a digital currency it cannot change the fact that bitcoin is a highly appreciated investment. So for me bitcoin is also an asset.

valentinen39

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Activity: 308

Merit: 10

Quote from: sonewaneaman on August 18, 2017, 03:28:36 AM

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

Bitcoin is an asset before when the price is very low and no one is accepting it on the market or even in an online store but now we can already use cryptocurrency to purchase goods and different products online so we can call it as a currency.

xxxRaidysxxx

newbie

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As for me Bitcoin is a digital currency which works as the real currency, can use only different, but at the moment the bitcoin, most likely, will be made as an asset because of its high value so many users using bitcoin for the business purposes it is favorable to all users

tats14

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BIG AIRDROP: t.me/otppaychat

Quote from: sonewaneaman on August 18, 2017, 03:28:36 AM

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

Well for my own opinion, bitcoin for me is a digital currency, yes currency as well, because it is a digital currency involve for money and it can be used to buy some items.

onurgozupek

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In #Bitcoin me trust

Bitcoin is a currency and also a payment method. You can't call it as an asset because the others besides bitcoin are assets. You can image Bitcoin as the gold of crypto currencies. Like the fiat currencies have gold we have Bitcoin in crypto world. All crytpo currency exchanges have the BTC/xxx pair and you can name it as a crurrency. It's real than fiat currency because you have the control on your mney. Otherwise you'll need a 3rd party to approve that the money in your pocket/purse/wallet is yours and has the value written on the money...

Satish147

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Harmony for One and All

Right now we cannot say because when the value of Bitcoin reached its highs around 20000 $, then everyone treating it as a Store of value like treating it as digital gold due to high transaction fees and scalability issues at that point.

When the market is not much matured and when everyone is able to transfer bitcoin in seconds with cheap or nominal cost then everyone treated it as currency.

Most of governments itself in dilama to decide the nature of Bitcoin.

V-t.Ester

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Activity: 532

Merit: 25

Well, to my mind, Bitcoin is an asset (despite we name it crypto currency). It's used not like fiat money for everyday needs (now it can't be used in such way), but to earn more fiat money. Maybe once, in the future, smth will change.

Karakyli

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Bitcoin is a currency, not an asset, a global digital currency. Bitcoin will be able to find recognition around the world. With the help of bitcoin will carry out a large number of transactions. But in order to play the role of a global currency, bitcoin should be recognized by a large number of financial organizations, including central banks and governments of different countries. Asset it is not for the simple reason that it does not generate cash flows for holders of crypto currency. It can not be attributed to a certain class of assets.

george888055

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I would love if bitcoin was a currency, but the truth it is mainly not used as a currency to pay for goods and services, but mainly be used as an investment,
and compete with other assets such as gold, government bonds, stocks and commodities.

olyolali

newbie

Activity: 210

Merit: 0

I think bitcoin is going to be a secondary currency for the future when the market price is stable but for now bitcoin prices are still not stable so still can not be used as a currency so for now bitcoin is better used as an asset for investment or digital assets

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