Topic: Is Bitcoin a currency or asset? - page 48. (Read 12775 times)
for me bitcoin is an asset that can provide many benefits and advantages. so whatever people say other I don't care. because I love crypto and bitcoin. I put my hopes up and invested in him. bitcoin is the champion.
Definitely a currency as you can expect it to trade.With an asset you won't trade.Coming to the volatility.Volatility will be high until it reaches its maximum supply.Once it reaches its maximum supply and there are no bitcoins to be mined then the volatility becomes less compare to now.
It is not so risky thousands of the people can invest in the bitcoin and hold for the assets for the power and the money till the high of the money. The role of our money in the bitcoin is very high, it is very important to have bitcoin and the hold for the money. The importance is the creators so make money in the, the use of the bitcoin is using for the buying goods.
bitcoin is asset not a currency. I will not used bitcoin for buy something. bitcoin just for investment for earn profit.
For me bitcoin is both currency and asset,it's all up to the user that uses their bitcoins. If the user is giving more importance to there current needs they will use bitcoins most as currencies.If the user giving importance for future plans [like retirement purpose or making trips all over the world etc..] they will treat bitcoins as an 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
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
Basicaly, bitcoin is like currency that can be used to buy what you like but we need to change this to our fiat currency in order to do transactions in stores. For me its all asset or investment because not all countries use bitcoin in day to day activities.
Definitely a currency as you can expect it to trade.With an asset you won't trade.Coming to the volatility.Volatility will be high until it reaches its maximum supply.Once it reaches its maximum supply and there are no bitcoins to be mined then the volatility becomes less compare to now.
in my opinion bitcoin is an asset in today's very good but very high risk because the price is very can not be in the guess
Any currency means value. So if you have something valuable then you have an asset. Bitcoin is a currency but when you buy a BTC then the currency becomes an asset in your digital wallet. That means that now your asset (btc) is with a certain value and you can buy things, can exchange it with other coins or save it so that its value may rise against other currency.
It serves both purposes.
It can be considered as a currency as it can be used for transactions, and asset if you are holding it to gain from value appreciation.
It can be considered as a currency as it can be used for transactions, and asset if you are holding it to gain from value appreciation.
For me, Bitcoin is both currency and an asset. Bitcoin has been invented for making the process of payment easier, so that Bitcoin is newly invented digital currency and less fee payment system. but if you want to save for a while then it will bring a huge amount of profit. so it can be also an asset.
i think it's still currency because we use bitcoin for transaction and the price keeps changing.
At the moment bitcoin is not very suited to be used as a currency because of the high transaction fees. In the future it might become very suitable tho. So as of now for me it is more of an investment, and thus an asset.
We all know that the definition of bitcoin is a digital currency and knowing that if you have a currency you can also convert it to your local money if you want. If that so, you will also have an assets because it is a kind of assets. So we can tell that bitcoin is also an asset.
They are both for me and valuable at the same time. It it really an asset but because people are accepting it as a form of payment therefore it is a currency.
Yes the answers to this question is bitcoins can be asset and currency, actually depending on the users of bitcoins what will be done with bitcoins, although the main purpose of bitcoins is currency doesn't mean it is must. Because Bitcoin is based on the community they are free to consider bitcoins as an asset or currency, that is uniqueness of bitcoins everyone can be free to participate giving their opinions about the bitcoins.
We can use bitcoin as currency and also as an asset, we can transfer bitcoin in to currency and we can purchase any thing that which bitcoin valid stores and we can use this to transfer money to our friends and family and we can book flight tickets. And we can use these bitcoins as our future investments . Bitcoin value is going in a very high rate so we can take it as a long term investment,and we can earn a higher profit.
They are both for me and valuable at the same time. It it really an asset but because people are accepting it as a form of payment therefore it is a currency.
Yes the answers to this question is bitcoins can be asset and currency, actually depending on the users of bitcoins what will be done with bitcoins, although the main purpose of bitcoins is currency doesn't mean it is must. Because Bitcoin is based on the community they are free to consider bitcoins as an asset or currency, that is uniqueness of bitcoins everyone can be free to participate giving their opinions about the bitcoins. 
In my opinion bitcoin is a virtual currency as well as an asset, it's fun plunging into bitcoin / altcoin world. I found the unexpected thing even made me go crazy.
Bitcoin is an asset. Eventually, one day, it will become a currency, but at this time it is mostly an asset. There aren't too many places where Bitcoin is accepted. I live in Michigan and never once have I seen Bitcoin as an option to buy something or act as a medium of exchange. In other words, Bitcoin really isn't even money.
Even the US government doesn't recognize Bitcoin as a currency. Instead it treats it like an asset. Bitcoin pretty much acts like a stock and in a lot of ways is one.
Even the US government doesn't recognize Bitcoin as a currency. Instead it treats it like an asset. Bitcoin pretty much acts like a stock and in a lot of ways is one.
They are both for me and valuable at the same time. It it really an asset but because people are accepting it as a form of payment therefore it is a currency.
Technically speaking, bitcoin is a currency. It is a decentralized digital currency. But when we speak of its value, I can also say that it is an asset because of how its price appreciate overtime.
It really is a currency for it holds a lot of different currencies itself however, it can be also called asset at the same time due to its significance of the ownership of investor's property within a particular establishment regardless of the price that it has. Though it has an unpredictable status that may drop its value at times but then we always make sure that we meet the value onwards through using other coins or the rest of the bitcoin for trading or holding. Jump to: