Topic: Is bitcoin an asset or a currency? - page 27. (Read 3630 times)
If I think after joining this membership diforum, bitcoin is a long-term asset, some keep it to be invested which they think will be very expensive in time, for in some countries I think the currency should be legalized first. , and the process is not easy of course.
For me, I'll side with the critics, even though I right now use bitcoin as a mode of topic, I agree that it should be treated as a currency because after all, its intended use is to become an internet currency. Furthermore, it is one of most bitcoin enthusiasts and investors alike are wanting, they wanted bitcoin to be a form of currency rather than just a form of asset you could profit from.
How can we consider Bitcoin as a currency, when the transaction fee was close to $100 per transaction a few weeks back? Now it has decreased once again to around $10 per transaction, but IMO, this amount is still quite high when compared to the fee charged by PayPal and Visa/Master. So IMO, Bitcoin can be considered as an investment asset, rather than a currency.
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
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
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
At this early stage, it feels more like an asset. However over time I believe it will act more like gold as more of a currency position. It is so difficult when you are so early to this growing industry to make these kind of distinctions
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 was born as a currency and still, bitcoin is a currency, but the majority is using bitcoin as an asset right now.
As far as I know, bitcoin is now considered as an asset and a payment method in some country. It's a very long way for bitcoin to be a currency.
In my opinion bitcoin is an asset that gain high profit, bitcoin is easily to convert to cash. To become currency. 
Right now it is more of an asset. Many people still view it as an asset that will grow and will bring them more money. But I think after some years bitcoin and some alt coins will be a currency. I certainly hope so.
Bitcoin in general was conceived primarily as a payment system, although this function has already not been fully implemented because of its slow transactions. So bitcoin is closer to currency by nature. However, under the classical concept of currency, the whole of the crypto currency is not at all, because when this concept was drafted, nobody could assume the existence of digital money. However, it does not matter. When bitcoin and other crypto currency are universally recognized, the concept of currency will be rewritten taking into account the existence of the crypto currency. With this in mind, bitcoin is not just a financial asset, but must be recognized as an international currency.
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
i think bitcoin is an asset, a digital asset. the statistical properties of bitcoin, find that it is essentially uncorrelated with traditional asset classes such as stocks, bonds and commodities, both in normal times and in periods of financial turmoil. The analysis of transaction data of bitcoin accounts shows that bitcoins are mainly used as a speculative investment and not as an alternative currency and medium of exchange.
Investors and early adopters like these assets because they are untethered from the regular economy where fiat currencies, more traditional forms of exchange and value transfer reign the day. one of bitcoins advantage is the high volatility, which counterintuitively results in more aggressive risk-reward trade-offs in investment portfolios.
Investors and early adopters like these assets because they are untethered from the regular economy where fiat currencies, more traditional forms of exchange and value transfer reign the day. one of bitcoins advantage is the high volatility, which counterintuitively results in more aggressive risk-reward trade-offs in investment portfolios.
Bitcoin is a digital currency that can be converted to your own currency. You can earn or invest to gain more profit and you can easily transact with no hassle. This money is very strongly that no one can stop because it is decentralized.
Assets generate money Bitcoin doesn't generate an income passively you need to trade it in. Bitcoin isn't used for anything else like a property either. SO no I don't believe it's an asset and is strictly a currency.
Support your point of view, first of all, Bitcoin has the means of trading and circulation, and second, his value is relatively stable, so only someone willing to use bitcoin as an asset to hold long-term
I think bitcoin is a currency like gold. The essence of money is consensus, the value of gold itself comes from the public consensus, the public thinks that gold is money, willing to use gold in the transaction, the gold is money. Only worthless banknotes ( legal tender ) need " equal value exchange ( gold ) as a support". What underpins real money, such as bitcoin and gold, is not an " equal value exchange" at all, but a public consensus, so I think bitcoin is a currency like gold.
Of course Bitcoin is a currency and to be specific we all know it's cryptocurrency. I can easily buy games, etc., with Bitcoin so it classifies Bitcoin as a currency but due the sudden increase in it's value it has shifted it's nature from being a currency to an asset, that everyone wants to possess.
That is why it is called cryptocurrency.
In addition, the soaring price causes transaction fees to be high, making them less effective for micro-payments and more effective for assets.
I think that it can go with both! Since even currencies are assets that are fast reliable and usable 
I choose both of them, because bitcoin is digital currency can convert cash easily. That cash from bitcoin I save it or buy a property, bitcoin is usable an asset or currency.
Why not both? Bitcoin is already a cryptocurrency and by the word itself it already justify that it is really a currency, however people have been treating it as an asset over the years. It is up to people whether they treat it as an asset or currency but do acknowledge that btc is very volatile and it will really fail as a currency because of the opportunity loss.
When you say and asset it means something you have invested as part of a business like cash. The monetary value is the currency. When you invest in bitcoin this will be your asset and bitcoin is your currency, more particularly cryptocurrency.
I think that asset is something in what you have invested in, so bitcoin is digital asset in which you invest money. Besides, any asset has its monetary value.
Jump to: