at the moment I can only use it as an asset...when the fees for transactions will settled, then I can say that bitcoin can be a currency for me
Topic: Is Bitcoin a currency or asset? - page 6. (Read 12796 times)
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
I think that two things are just the same. I will depend that, bitcoin is an asset because people who have this keep it for their future, to have a better life in the future. And Bitcoin is a currency because it has a value it means you can use it to buy foods, clothes, new things or other things that you want or need. Bitcoin is a digital currency it means the value of it is temporary. Be wise in holding your bitcoin.
I think bitcoin is an investment asset in digital form and bitcoin can not be used as a means of payment when used as a means of payment will be difficult for users to transact so bitcoin can also be called a digital gold investment so it is clear that bitcoin is not a currency but rather an asset to invest .
Bitcoin is both a currency and an investment, a currency because it is a means of exchange that can be used to purchase goods and services irrespective of your location in the world. Also, an asset because it is a store of value that is it can be kept for future without rolling away with factors of inflation also appreciate in value over time
Bitcoin has a limited use for now as a currency. Most of countries are considered bitcoin as commodity not as currency, but citizen considered it as currency and good investment.
BTC is both a currency and an asset, its a currency in the sense that it can be used to buy goods and services.and a set in the sence that you can invest in it, wait for its value to increase and sell at a profit
maybe everyone's opinion is different ... in my opinion Bitcoin is an asset,
because I never use bitcoin as a means of payment or transaction
high transaction costs became my reason
because I never use bitcoin as a means of payment or transaction
high transaction costs became my reason
Even now, a lot of sites are accepting Bitcoin as a payment method. So I am not very sure whether we can classify Bitcoin purely as an investment asset. But the currency aspect is surely on the decline now.
For me, bitcoin is a digital currency that can be use by everyone but it can only treat as an asset because it is owned by somebody and do have it's certain value that can be converted into cash anytime.
Right now i think bitcoin is an asset because almost all people that holding bitcoin is making many profit and bitcoin is giving us a good amount of money and bitcoin is really a good investment that's why it is an asset but i am sure that in the future bitcoin can be a currency of this whole world. 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
this would be a test if bitcoin has no asset representation or virtual eyes that I know bitcoin is a virtual currency but still an asset that has not fully functioned as a currency for the exchange of goods and services still in the form of assets to be exchanged. to ordinary currency.
Bitcoin is a currency a digital curenccy used trough internet transaction, it is an asset also. We had a lots of binifits we can get on bitcoin, and for me bitcoin have many characteristics we can use. We can invest, we can trade, we can pay our bills, and it is aesy to use.
Bitcoin is a currency and an asset as well,firstly,if bitcoin can buy anything,when you exchange bitcoin with fiat,it means bitcoin is an asset, and a currency.. Every bitcoin holder in time or the other have sold bitcoin for fiat, and posibly gotten something online with bitcoin..
For now more accurately said as an asset, this is because no country has legally recognized bitcoin as a currency, even the Japan government that has legalized bitcoin only makes bitcoin as an official commodity equivalent to other commodities such as coffee, chocolate and so on.
For me, bitcoin is a digital currency that can be use by everyone but it can only treat as an asset because it is owned by somebody and do have it's certain value that can be converted into cash anytime.
in my opinion, bitcoin is more of an asset at the present time. Satoshi Nakamoto has developed the Bitcoin and Blockchain for certain tasks, but these tasks are currently not fully accomplished. If bitcoin would solve the scaling problem and make it more customizable to pay with bitcoins on every corner, bitcoin could be a currency.
I think bitcoin is an asset, because we can not use it the way we use fiat currency.
It's mostly used for trading. That's why we consider it an asset that makes Bitcoin still very attractive, because when the Bitcoin price goes up a lot, the people who see Bitcoin as an asset are encouraged to sell,
I think bitcoin have them both as its characteristics. It could be a currency because technically it's a digital or cryptocurrency. On the other hand it's asset because of the owning and holding technique that we're doing. This is a wealth found on internet and investing in it makes it as an asset. It's mostly used for trading. That's why we consider it an asset that makes Bitcoin still very attractive, because when the Bitcoin price goes up a lot, the people who see Bitcoin as an asset are encouraged to sell,
Both. I think more people are looking into being able to actually "spend" their cryptocurrency, while other ones still see it more as an investment. In my opinion BTC is more for long-term investment, while I am more willing to spend other crypto currencies.
In my country, it's still a currency available only in online trusted sites. I'm waiting to all people use bitcoin worldwide so if you short of your local currency, you can buy stuff using bitcoin, it's cool right?
Bitcoin, is attributed both to the currency and the asset. After all, his perception has already developed, like gold, which is not enough and it is mining. A currency, which, like everything falls, it rises.
In my own opinion i will say bitcoin is both a financial asset and a currency because it can be used in the future. It can also be used as a currency.
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