Topic: Is bitcoin an asset or a currency? - page 14. (Read 3630 times)
in my opinion, for now bitcoin is more accurately referred to as an asset than the currency. because the majority of bitcoin users only for the trade and investment. As for buying and selling, everyone uses the currency that already exists today in accordance with the currency of each country
Bitcoin is an asset because it value continue to rise every year despite of being volatility everyday.
It has features of both, we cannot say exactly what it is as it is something new and revolutionary, and cannot be compared to anything.
According to me that Both of them is an asset and a currency. People have hold bitcoin and keep it stored for long term as expected the value of bitcoin will be rising and they will be getting a good return. Bitcoin is a digital currency. Nowadays many online stores are providing products and services in exchange of bitcoin.
For me bitcoin is an asset and a currency as they define itself, we all know that it is a digital currency and that, they have their own value. Asset is a thing that we owned having a value. S i can say that bitcoin is a currency and an asset too.
personally, bitcoin for me is an asset where this asset for the future will be very good, of course with the present technology and the upcoming bitcoin will support all these digital and virtual activities, it's just that there are still some people who consider this bitcoin just for some time without seeing the potential that can be obtained.
Bitcoin is really an asset before when it was not popular that much back in the past months, the value of bitcoins is just $13 and no one is really interested on investing, then now the time comes that bitcoins price grow in a huge amount and everyone is already interested so it became a currency now a days.
Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.
https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html
Bitcoin concept maybe for replacing currency that not controlled by any institution. But when bitcoin price rising and can give gain more than 1000%, many people treat bitcoin as investment. Beside that, to replace fiat as currency, its a lot effort to make it, so its better for me to treat bitcoin as investment
Bitcoin is both a benefit and a money. Indeed, its a money in type of its virtual presence. Bitcoin isn't only an any advantage its a benefit which can without much of a stretch traded to money.
Or on the other hand into some other resource or money related resource crpyto-monetary forms.
Its not just a money which is an advantage. BTC is a framework which runs the entire arrangement of anything by its own particular manner. Like the way a general public which is make be individuals. In any case, when it frames into a framework it keeps running by its own.
Or on the other hand into some other resource or money related resource crpyto-monetary forms.
Its not just a money which is an advantage. BTC is a framework which runs the entire arrangement of anything by its own particular manner. Like the way a general public which is make be individuals. In any case, when it frames into a framework it keeps running by its own.
I think is both, Currency because it is a kind of crypto currency that convertable into different currencies like pesos or dollars, so it become asset because you earn and own it.
Bitcoin is both an asset and a currency. Yes, its a currency in form of its virtual existence. Bitcoin is not just an any asset its an asset which can easily exchanged to cash r
Or into any other asset or financial asset crpyto-currencies.
Its not anly an currency which is an asset. BITCOIN is a system which runs the whole system of anything by its own way. Like the way a society which is creat be human beings. But when it forms into a system it runs by its own.
Or into any other asset or financial asset crpyto-currencies.
Its not anly an currency which is an asset. BITCOIN is a system which runs the whole system of anything by its own way. Like the way a society which is creat be human beings. But when it forms into a system it runs by its own.
personally, bitcoin for me is an asset where this asset for the future will be very good, of course with the present technology and the upcoming bitcoin will support all these digital and virtual activities, it's just that there are still some people who consider this bitcoin just for some time without seeing the potential that can be obtained.
Bitcoin is really an asset before when it was not popular that much back in the past months, the value of bitcoins is just $13 and no one is really interested on investing, then now the time comes that bitcoins price grow in a huge amount and everyone is already interested so it became a currency now a days.
Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.
https://www.c[Suspicious link removed]m/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html
It has no doubt bitcoin is a digital currency but some people take it as a asset its up to us but i'd like to say it is created for crypto so it is crypt currency in worldwide . Bitcoin is a section of crypto . Initially its based on as a currency but people are mostly using it as a commodity for trading purpose.
Both. A currency in the crypto world since it was used as a gateway to buy other coins/tokens. Meanwhile, It is an asset because it has an economic value and can be own. But in the real world, Bitcoin is considered as a speculative asset because it involves a high risk of loss in return for a possible huge gain.
Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.
https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html
Bitcoin is considered both as an asset and as a currency, due to mass adoption of bitcoins the value of bitcoins keeps on increasing and so is the demand for bitcoins which makes it more precious than any other asset as there are more potential for the prices to increase it can be considered as a good asset and if you invest now on bitcoins there are more chances for the investors to gain from the bitcoin technology due to hike in the price of bitcoins. Bitcoins are also used as a digital currency now a days many online stores are providing products and services in exchange of bitcoins, certain hotels, restaurants and even some Universities in United States have started accepted bitcoins as tuition fees.
Bitcoin is both an asset and a currency.People hold Bitcoin for the future as they expect their would be a rise in price and they will earn a lot of money from that.People use Bitcoin in the day to day transactions as it is easy to carry any amount of Bitcoins in the Bitcoin wallet.It is preferred over gold for investment purposes as it gives a lot of profit in a shorter period of time.Bitcoin is getting very famous and has established itself very well in the market. 
Bitcoin is considered both as an asset and as a currency, due to mass adoption of bitcoins the value of bitcoins keeps on increasing and so is the demand for bitcoins which makes it more precious than any other asset as there are more potential for the prices to increase it can be considered as a good asset and if you invest now on bitcoins there are more chances for the investors to gain from the bitcoin technology due to hike in the price of bitcoins. Bitcoins are also used as a digital currency now a days many online stores are providing products and services in exchange of bitcoins, certain hotels, restaurants and even some Universities in United States have started accepted bitcoins as tuition fees.
can be said so, because bitcoin can make money. while the asset is if we invest to buy coins at a low price it's called an asset and can be sold when the price is high.
An asset is something that brings money and while it grows, its status will not change. I think that it is necessary to either stop it or not to transfer it into ordinary money.
Definitely it can be function both of the choices. But for now bitcoin is an asset for many people cause it is not still recognized as a currency majority of the other countries. Because of its personal usage for growth in your own wealth it is an asset for us. I hope someday it can be recognized as a currency.
Undoubtedly, bitcoin is like a currency, but many states still can not recognize it, they have tough reasons for this, in 2-3 years we will buy only the crypto currency bitcoin
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