according to me bitcoin is an asset,because we can't use it way we use fiat currency.
It is mostly used for trading. thats why we consider it as an asset
Topic: Is Bitcoin a currency or asset? - page 39. (Read 12796 times)
satoshi make it to replace other curliness , so it's a currency , we saw someone can add bitcoin like a asset , but bitcoin still the online currency
That's not the real fact, bitcoin initially got used as storage token which is nothing but as an asset. When days passed it got its usage all around in different sectors and on business needs making it an online currency which doesn't have a physical form same as that of the paper money. On the whole bitcoin as an asset or online currency is purely on users requirement and usage.
it is a currency that you can consider as asset! bitcoin is very volatile yet it is not the kind of dump ! you can expect a pump for it everytime !
In my opinion, we can call it the same, it's currency because it's used in transaction. and an asset because it is rising or decreasing as well, such as a home and land while the value is increasing or vehicle as the value drops as they last. we can compare those things into bitcoin as an asset.
For me it is an asset at the time because of its volatility. But if the market cap is a few times higher than now and the scaling is clarified then it could be a very good currency in my view.
I think bitcoin is both an asset and a currency. An asset becasue it you use this as an investment in the long run a currency be ause ot become a money. You can buy things using bitcoin, in fact i heard you can use this a a payment ina hotel. It’s like a credit card. Then you can save it and invest or you do trading.
I think bitcoin can be said as currency and assets. Because Bitcoin can serve as a tool of currency transactions. If it is said to be an asset because some people on average hold bitcoin and do not sell it, maybe if the price is suitable will be sold.
They will be selling it, sooner or later. No one in their right mind is going to hold all of their coins for 100 or 200 years. But that doesn't mean that Bitcoin is not an asset. Right now, it is a combination of both with the definition of asset suiting it more than the definition of a currency.
Bitcoin is an asset because its value continues to appreciate. Its also a currency because it can be used as an exchange for goods and services in some countries.
satoshi make it to replace other curliness , so it's a currency , we saw someone can add bitcoin like a asset , but bitcoin still the online currency
Bitcoin main purpose was to server as a currency but based on its current high demand by so many people and limited supply bitcoin has made it to be growing fast in value, and that make people to believe that it also serve as an assets because of its growth in value over time.
By invention bitcoin is a currency and it is surviving being a currency in the market but demand and supply meet it to asset as parallel to gold. Deference is only one if we notice, gold is natural resource and bitcoin is artificial. Common feature of both; mining process is very slow but the price of bitcoin is so much high than gold. No doubt that bitcoin is going to become a digital asset of new-era/future that why people are securing their future with bitcoin asset.
It is whatever you want it to be. Some people invest and use it as an asset, while some people earn them somewhere and use them in daily purchases like any other currency. Altough it is both, I would put a little more percentage on the currency part because it is made to be a cryptocurrency, it is looked as an asset only because the price moves a lot.
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
A really interesting question and correctly delivered. Due to the large fluctuations, there is no clear certainty and confidence that people have invested in bitcoin will not lose part of the invested money, but that's only if you look in the short term, in the long run, anyone who invest now will still be in the black. This is purely my personal opinion) So bitcoins worth considering as a possible investment. 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, bitcoin is an asset. Why is that? Let's look at the bitcoin price when it first appears. Has not it gone up many times now? So making bitcoin as an asset is a very appropriate choice.
If you consider it an asset then you do not need to use bitcoin for everyday purposes, you tend to think about long-term prospects and the fact that bitcoin serves as a medium of exchange every day. It is more perfect if we think of it as a currency that has a double role as an investment 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
Thing will go.like this, Bitcoin can be an asset and it is technically currenvu dependong on the country that its user belongs to. Probably, it is a currency dor those people who are in countries where Bitcoin is already legal. And became an investment to those people who are in countries where ai legalization is still an issue. 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 think bitcoin can be said as currency and assets. Because Bitcoin can serve as a tool of currency transactions. If it is said to be an asset because some people on average hold bitcoin and do not sell it, maybe if the price is suitable will be sold.
For me its both, a currency because I spend bitcoin in many things in fact its my source of extra income while its also an asset because of its rising price which is good for investment. That's also the main reason of bitcoin being very popular and it becomes very attracted to investors.
bitcoin is both a currency and an asset. bitcoin is an online currency and i can say that it is an asset because bitcoin is given people an opportunity to earn money as well we can invest and save also.
How about an asset and at the same time currency? Bitcoin can also be compared to stocks in the stock market, bitcoin's value reacts depending on the situation or market around bitcoin. Its value also fluctuates just like the stocks in the stock market. But also, bitcoin is also a digital form of currency. As you put money into bitcoin, you can see it's value from one currency to another currency. We can say its an asset because people invest on it and at the same time we can make transactions using it as a form of money or currency.
We all know that the meaning of bitcoin is a digital currency and we can use it as paying online transaction same as what our local money can in buying some goods, the only difference is we can use local money offline unlike in bitcoin is online. But we can say that bitcoin and is also an asset because of their other characteristics.
Yes that is right to say that bitcoin is a online currency that we already use for online purposes. In fact in present time the bitcoin users are not so much therefore we are mostly using bitcoin for trading and investment purposes, but in future we can expect that withn increasing number of bitcoin users,It will become more common to use bitcoin for shopping online.
For its an asset. Its like a treasure for me the longer i hold it the more value it gains. I will wait for few months or even a year before i withdraw my bitcoin.
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