Topic: Is Bitcoin a currency or asset? - page 2. (Read 12775 times)
is the property despite its turbulence is a little disturbing but its vice versa allows it to be a powerful asset and a currency that has the potential to hold its value
is currency Because of fluctuations, now bitcoin is not a reliable means of exchange, but in the future as it becomes more stable it will be widely used as a currency
For the moment, I see bitcoin as a property because people only invest in bitcoin to keep the future, not to buy things using bitcoin
Bitcoin complies with the definition of the currency quite adequately but if volatility is less. It enables the creation of secure and transparent transactions. Therefore, it can be used as a secondary currency in the future. Some experts have great concerns about its volatility. However, sooner or later prices will not fluctuate as today
Bitcoin is most considered an asset because it is a good investment. Many people choose to keep bitcoin because market prices are constantly rising and this is a good advantage if you have kept bitcoin for a long time
Rather, bitkoyn is an asset or even a commodity that is profitable to buy in order to invest in profit in the future. This is how the court determined its significance in the lawsuit.
In my opinion Bitcoins is a kind of asset rather than currency. because it has real value and more and more people accept it
Bitcoin is currency because currencies can be used for transactions and buy anything we want 
bitcoin is a currency because:
Like other currencies bitcoin is used to purchase different goods and services, which can be exchanged in currency.
Like other currencies bitcoin is used to purchase different goods and services, which can be exchanged in currency.
asset. I think bitcoin is in second place. bitcoin can be traded. payment or transaction. even investment. A bitcoin is obviously worth the use. I think that's an idea
It is also an asset because you can sell your bitcoin and convert it to USD (or any other currency) whenever you like. It’s more liquid than something like a house and since its inception it’s tended to rise in value so that checks that off.
Naysayers and people playing devil’s advocate will say that bitcoin can’t be considered a currency because of its volatility. This cannot be over stated – bitcoin is very volatile. As the joke goes, what’s the best way to become a millionaire? Start out as a billionaire and invest all of your money in bitcoin. Just this year alone, bitcoin has bounced around between $17,000 and $6,000 per coin.
Naysayers and people playing devil’s advocate will say that bitcoin can’t be considered a currency because of its volatility. This cannot be over stated – bitcoin is very volatile. As the joke goes, what’s the best way to become a millionaire? Start out as a billionaire and invest all of your money in bitcoin. Just this year alone, bitcoin has bounced around between $17,000 and $6,000 per coin.
Based on those definitions Bitcoin could be both a currency and an asset. It was created to be a currency and you can certainly buy things with bitcoin. Not everyone accepts bitcoin at the moment but you can use bitcoin on major retailers like Overstock and Newegg, and even Expedia will accept your cryptocurrency in exchange for plane tickets.
An asset is some kind of economic resource. It can be controlled or owned and it provides the owner with value, usually financial. A house is an asset. You can sell a house and get cash in return.
A currency is a system of money, a means of exchange. You used currency to buy a latte this morning, or so you could watch the latest season of Altered Carbon on Netflix
If it’s hard to tell the difference between the two, consider this. Assets tend to have a built-in promise of increased future value. A house tends to increase in value in time and thus, is an asset. It’s not very liquid, unlike cash, and therefore can’t really be thought of as currency.
A currency is a system of money, a means of exchange. You used currency to buy a latte this morning, or so you could watch the latest season of Altered Carbon on Netflix
If it’s hard to tell the difference between the two, consider this. Assets tend to have a built-in promise of increased future value. A house tends to increase in value in time and thus, is an asset. It’s not very liquid, unlike cash, and therefore can’t really be thought of as currency.
Cryptocurrency like bitcoin in my opinion is a highly volatile digital asset. For investors, high-risk speculators may be eligible to lose large sums of money but there are also opportunities to make a lot of money.
Bitcoin has many benefits and functions. It can be both a currency and an asset. Bitocin can be used in the purchase and pay bills, otherwise, we can store it in btc wallet and sell when the price goes up.
Yes Bitcoin has many benefits and functions but i think the main fuction of Bitcoin is a currency. Bitcoin was born to be a currency not an asset. People are considering Bitcoin as an asset just because they see the profits in buy and sell Bitcoin and it was discoveried later then the first function one.
Bitcoin has many benefits and functions. It can be both a currency and an asset. Bitocin can be used in the purchase and pay bills, otherwise, we can store it in btc wallet and sell when the price goes up.
For me bitcoin is an asset which I can earn by investing in that. Bitcoin is not a currency, beacuse the price is not constant. But I think in future, Bitcoin will be a currency which all people will use that.
Bitcoin is both currency because it is a currency in the internet market and asset because you may have a profit if you hold it for a time but what is the relationship of currency to asset?
BTC is both money and Asset. In any case, first all individuals realized that BTC is a digital money. Be that as it may, now BTC cost is so high. So now BTC is one sorts of benefit. Individuals hold BTC for benefit. Asset likewise hold for benefit. Presently BTC is most well known digital money. In the event that cash is resource then BTC likewise a benefit. Since cash and BTC both are money. Presently BTC holding is an extraordinary business. So I think BTC isn't just a money it is additionally a benefit.
Bitcoin reflects the definition of a currency as it can be used as money in any field today and is based upon the value of USD or other currencies.
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