Topic: Is Bitcoin a currency or asset? - page 16. (Read 12775 times)
For me bitcoin is just an asset, it can not be said as a currency because its value is very unstable. In my country alone bitcoin is not recognized as a means of payment, obviously bitcoin is just an asset.
In my opinion bitcoin is currency because you it can use it like a real money like you can use it for paying bills online you can also used bitcoin to purchase with a variety of online retailers and Bitcoin makes it easy to send real money quickly to anywhere in the world.
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
I thinkbitcoin can be regarded as both. Because of the many crypto users i'm sure there's someone who uses bitcoin as the currency to pay for something. But more of us its users assume that bitcoin is the best asset that can beat gold in the past. Within over 3 years of its emergence the popularity of bitcoin has become more rampant, even after 5 years running, developed countries are beginning to develop payments using bitcoin in the real world like Visa.
it is not important bitcoin is an asset or currency.
the important thing about bitcoin is, we can use bitcoin for investing and gain profit in the future, both as an asset or currency.
I like to use Bitcoin as an asset because Bitcoin is not listed in the stock market. I would call it an investment if it was listed over there.the important thing about bitcoin is, we can use bitcoin for investing and gain profit in the future, both as an asset or currency.
I think it is store of value like gold and at the same time currency, similar to fiat money.
This makes bitcoin superior than both of them as well.
This makes bitcoin superior than both of them as well.
I strongly agree on your opinion that, it is store of value like gold and at the same time currency, similar to fiat money. And adding also my opinion that, bitcoin is both a currency and an asset, since the previous reply defines what an asset is and bitcoin fits it if you do not consider it as a currency. In addition, this means the price will remain volatile as more people adopt bitcoin and make it go up and this will probably last at least another 5 years. On the other hand, Bitcoin is not yet a currency because it is not yet legally accepted worldwide but it is certainly an asset and I think in the near future, Bitcoin can considered a currency once legalized.
it is not important bitcoin is an asset or currency.
the important thing about bitcoin is, we can use bitcoin for investing and gain profit in the future, both as an asset or currency.
I think it is its initial phase and most people used as a source of investment but it think it will be start fully using as a currency because bitcoin is invested on the name of currency but as it is not so common to be use as currency everywhere therefore people are using it as investment and for trading purpose, hope that in future will be able to use bitcoin as for currency purposes everywhere. the important thing about bitcoin is, we can use bitcoin for investing and gain profit in the future, both as an asset or currency.
I think it depends on the use, because bitcoin has different functions that will be very useful for all people, but not as a means of payment, bitcoin can be a valuable asset for today, besides the price is not so high, bitcoins can be used for investment and trade. You can also buy on them anything you want and at any time sell when you are comfortable
Both, because for me when you have a bitcoin considered you have an asset but each of us we have a different idea about that some people they have another asset other than bitcoin.
Bitcoin will be one of the most widely used currencies in the future. Because of the many advantages that I get information that BAnk swiss generally sell Ethereal, bitcoin and bitcoin cash to its customers, we see in the future will be much more change.
it is not important bitcoin is an asset or currency.
the important thing about bitcoin is, we can use bitcoin for investing and gain profit in the future, both as an asset or currency.
the important thing about bitcoin is, we can use bitcoin for investing and gain profit in the future, both as an asset or currency.
Bitcoin can still be called a financial asset, digital money, but not currency. In order for money to be recognized as a currency, it is necessary that this be recognized at the interstate level, that is, for official transactions between states to be concluded in this money. Bitcoin can be called money, because it serves as a means of payment, but not as a currency. At the same time, bitcoin is much more than just a financial asset. Therefore, I would take bitcoin to digital money, but not to the asset and not to the currency.
I think it is same because bitcoin is your asset also it is kind of currency that convertable into different currencies like pesos or dollars, so that it will become our assets and bitcoin help us for our daily life.
I think bitcoin is primarily currency latter then it also as an asset, as the word says cryptocurrency it is currency, by which we can make an investment and can trade by using that can accumulate coins, once we accumulate that becomes an asset.
Bitcoin turned into a currency when it becomes very expensive and when the value increased the popularity is also increasing as the time goes by, there are a lot of people today who are investing in bitcoins in order to earn profit in the future or use it to buy products online so it was a currency.
I think bitcoin is primarily currency latter then it also as an asset, as the word says cryptocurrency it is currency, by which we can make an investment and can trade by using that can accumulate coins, once we accumulate that becomes an asset.
Bitcoin turned into a currency when it becomes very expensive and when the value increased the popularity is also increasing as the time goes by, there are a lot of people today who are investing in bitcoins in order to earn profit in the future or use it to buy products online so it was a currency.
both of these do not differ greatly. for future later might be able to be used as currency throughout the country but for the moment it's still a lot of denials. This time can be said to be an asset to invest for the future.
I think bitcoin is primarily currency latter then it also as an asset, as the word says cryptocurrency it is currency, by which we can make an investment and can trade by using that can accumulate coins, once we accumulate that becomes an asset.
Bitcoin turned into a currency when it becomes very expensive and when the value increased the popularity is also increasing as the time goes by, there are a lot of people today who are investing in bitcoins in order to earn profit in the future or use it to buy products online so it was a currency.
Technically speaking Bitcoin could not be considered as asset because of its price volatility or its price is not constant. But we can maximize BTC to acquire an asset.
Bitcoin will be one of the most widely used currencies in the future. Because with the many advantage that are much better than the other currencies give the bitcoin a very big opportunity to be popular. Bitcoin is a currency because as we know it is a cryptocurrency and bitcoin can be used to buy things online, but soon bitcoin will be assets.
I think bitcoin may be currency and assets.
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It functions as a store of value mainly and then secondarily as a currency. That can all change in a heartbeat though if and once Lightning gets activated. At that point the scales will tip and slowly it will start becoming currency again, but I don't necessarily think that lowers the value bitcoin. The utility in my eyes would provide great economic activity giving Bitcoin the recognition it deserves as a robust and transnational currency.
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