Topic: Is Bitcoin a currency or asset? - page 19. (Read 12775 times)
It is a currency, but when you trade it, it becomes an asset
I think bitcoin is more accurately said to be an asset, this is because bitcoin values continue to increase and make bitcoin very valuable, if it says the currency then bitcoin must be legally accepted by various countries.
I believe that right now, bitcoin is used as an asset, people are buying bitcoin and holding it in the hopes that its value will increase in the future, yes it is wise as we have seen in the last couple of years, bitcoin value have increase multiple times,the only problem with that, is bitcoin is now designed to be held, bitcoin is a currency and it is designed to flow.
aren't all currencies assets anyway?
People are using bitcoin more as an asset than a currency and the reason is the very same that you have stated. It is highly capable of increasing in value over time and making investors rich without doing any hard work or struggle. It is better than gold because gold is less volatile than bitcoin. Many gold investors are now much inclined towards bitcoin for massive profits. I will also not like to make payments with bitcoin.
I myself say that bitcoin is an asset because we are directly incapable of holding it even to the sight.While the official currency is able to keep a person at all times and there is certainly a real form when it wants to do various transactions.
Bitcoin before is used as a cryptocurrency and the fees were actually low and the price before isn't that high. I also experienced that there's no fee when it you will send someone some bitcoins and it will be confirmed after a couple of minutes. But now things have changed and it's totally different from before. Bitcoin is now treated as an asset, a digital asset. Everyone is holding their bitcoins and it's the reason why bitcoin on this days is treated as an asset although it's still a currency.
BTC is digital currency become too much famous and get a great value, mostly big companies big brands starts to accept bitcoin that create a great hype and make the bitcoin price and demand as a currency.
You have always to diversify between private currency and official currency and as a private currency bitcoin works very well and I do not see the necessity to let it become an official currency as both can run perfectly paralell. And if it would become an official currency there would be surely a lot of regulations connected with this move and I prefer freedom and independence!
Bitcoin is yes and indeed an online currency which we can use to buy things not just online but also to the stores which is already accepting bitcoin as payment and bitcoins are also an asset which the price keeps increasing and its value is getting higher making bitcoin one of the most favorable online digital asset. As long as you are able to maintain a good amount of bitcoins then you will see great results.
Bitcoin is an asset as well as a currency, if one use it for personnel needs and other
keeps it for future it works for both the terms equally. You can enjoy the present or
save for the time to come.
keeps it for future it works for both the terms equally. You can enjoy the present or
save for the time to come.
bitcoin is a type of currency but it cant be touchable. it is also a asset. because it will always increase your profit. if you can hold it. but i would say it is asset more than currency you can say
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
It is possible that in the near future bitcoin will become a currency on the market, but at the moment I think that bitcoin is more active than currency, yes, the asset is more suited to 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
In my opinion, crypto currency is an asset to most of the people as of now due to its potential of increasing its value. Some of us work on crypto world because our perceptions keeps on telling that it is worth of spending time because you can get an income if you trade, invest or even work on signature campaign. The crypto currency is used in transactions because some country, establishments and schools already accepted the bitcoin.
For me,bitcoin is a modern digital currency.
It can be an asset or it can be a currencies it depends on hiw will you use it
for me to collect bitcoin is very important, because it makes bitcoin as an asset that I should use for the future to come. money can be our assets because the velocity of money that use will be its own luck. so bitcoin and money are just as much an asset that we have to keep better.
Bitcoin is both currency and assets. In some countries, bitcoin has been legal and it is used in everyday life as a currency. Bitcoin is used by companies to pay for transactions. The value of bitcoin is huge, which is the property of the investor.
if for me bitcoin is an asset, because bitcoin can be profitable. store bitcoin as an important asset for the future, sometimes still many people use bitcoin as a regular currency. so I would take bitcoin as an asset or currency that benefits us.
In my opinion, bitcoin is more into asset than currency because i can't use it for daily transaction due to high fees, slow transaction and not of all countries allowed bitcoin as payment. Hope lightning network can address slow transaction issue.
Clearly bitcoin is an asset, because if the currency name in each country has a different name and different price, while bitcoin is a tool to invest the currency, although bitcoin referred to as kriptocurrency which in the future can be used as a tool of transactions in all countries.
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