Topic: Is Bitcoin a currency or asset? - page 4. (Read 12796 times)
I think we can call it both a currency and an asset . This is because it can be used for online purchases and also its value rises with time.
I think bitcoin is a currency and also an asset because with bitcoin we can buy something and we make bitcoin as an asset for the future because bitcoin is very profitable
For the sake of the records, bitcoin is both a currency and an asset much the same way as Gold or Crude. The Major difference between them and bitcoin is that Bitcoin is virtual while they are tangible.
For me, bitcoin is the currency and also the asset. because some people have sold their property to invest in bitcoin. It will carry the same meaning as property. Depends on the perception of each person. And bitcoin is very important in keeping and securing. All information about online wallets is risky and can evaporate at any time.
It depends on the purpose of many people. It can be considered an asset when many people buy it to hoard. It is also considered a currency when used for payment
a currency is considered an asset , and appears on any balance sheet as a current asset so im not sure what your asking exactly. bitcoins will definitely add some "kick" to your financial portfolio.
You will just have to hope that kick is not a kick in the butt.
My financial portfolio gets that kick in the butt, every beginning of the year. The Bitcoin price gets a nose dive, with a drop of over 50% and everything in my financial portfolio turns "red"I have to say, last year was one of the biggest boost I have ever had. The 800%+ profit was really a game changer for my financial portfolio. I hope we might see some more of that, this year.
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.
You can call it bitcoin as an asset, which you can sell if you need immediate cash. And bitcoin can actually also serve as a digital currency if you are going to use as a buying and selling transaction
For me, money and assets are the same. They all have stored value. The difference is that Bitcoin has room for appreciation. It can bring us more money.
a currency is considered an asset , and appears on any balance sheet as a current asset so im not sure what your asking exactly. bitcoins will definitely add some "kick" to your financial portfolio.
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
For me bitcoin is a very valuable asset. It's basically a bitcoin created as a digital currency, but since bitcoin values continue to increase with time, bitcoin can be called an asset.
If I think Bitcoin can be used as currency and also as an investment asset. Basically, Bitcoin is a digital currency that only exists in online and just in the form of numbers. Bitcoin is used as an online transaction tool. But on the other hand Bitcoin very profitable if used as an investment asset is certainly very suitable. I think there is nothing wrong if Bitcoin be used as the currency of the world someday.
bitcoin I think more to the asset, to be real-world currencies bitcoin takes a lot of process, if for assets more suitable.
For me, money and assets are the same. Bitcoin is very valuable and has stored value because many people retain it for their future value.
I don't know why some persons try to separate crypto currency from crypto assets, bitcoin or other crypto assets are called digital assets. There is no difference between crypto currency and crypto asset. Crypto assets is just referred to all the coins or token which you own in your wallet, especially those one that has value.
Actualy bitcoin is a currency but because of the supply and demand the price goes up and down so also we say that bitcoin also is a form of asset because when you are holding your bitcoin and dont sell it for a long time you can also earn it.
I agree with you that bitcoin is a currency but can also be an asset, right now a lot of people is keeping there bitcoin as an asset because we can able to get money eth bitcoin, but i am sure that in the future all people in this wolrd wll used bitcoin as a currency.
To my own view. Bitcoin is a currency and it is also an asset. Cos, if someone have bought BTC when the price is at 3usd and now he is ready to sell. He will make a good profit.
Asset is something your giving importance and gives an equivalent value of a currency. It was just like you're owning a land, the land is your asset if you sell the land it has the equivalent currency. It was the same in bitcoin, bitcoin has a varying value just like the value of a land time takes it's price.
For me as of today people treats bitcoin more of an asset rather than currency. Due to the fact that most if not all of the people who has bitcoin is not usually using it in exchange of goods and services they wanted to procure and the reason is obvious there is not much of a stoe or shop that readily accepts bitcoin as payment yet. You still have to convert it back to fiat before you can purchase something.
Bitcoin is purely a digital currency, it only became an asset to others when they put investment on it, big amount of investment and thats the time they treat bitcoin as an asset.
I think its both for me. Bitcoin is a digital currency, it can be converted anytime. Bitcoin as an asset because if you keep it you will secure your future. You can also use it buy online or even in investing online.
For me as of today people treats bitcoin more of an asset rather than currency. Due to the fact that most if not all of the people who has bitcoin is not usually using it in exchange of goods and services they wanted to procure and the reason is obvious there is not much of a stoe or shop that readily accepts bitcoin as payment yet. You still have to convert it back to fiat before you can purchase something.
Bitcoin is purely a digital currency, it only became an asset to others when they put investment on it, big amount of investment and thats the time they treat bitcoin as an asset.
Jump to: