Topic: Is bitcoin an asset or a currency? - page 31. (Read 3630 times)
It is originally a currency, that's how it started. But as you have stated it has somehow became an asset now given how it has increased its value.
Bitcoin can be an asset for now but bitcoin is a currency. Buying currencies for any other purpose than buying goods or services with them is speculating. Furthermore with Bitcoin, it's impossible to work out how to assign any value to them. You can get an idea of the real value to you of a physical currency by looking at what it can buy you with it in its country of origin (compared to what you can buy elsewhere with other currencies), interest rates in that country, inflation, and how rapidly the currency base is expanding compared to economic growth. With Bitcoin, how its value should be measured is anyone's guess.
If I think bitcoin is a long-term asset, not as a currency in different countries that may have been accustomed to transacting for payments but for currencies that I do not think, every country already has its currency policies and regulations. 
It is becoming an asset and its purpose as a currency is slowly fading. Bitcoin's transaction fees are so high and there is an increase in the number of unconfirmed transaction everyday. The situation is getting worse for bitcoin especially for those people who are new in the crypto world.
Bitcoin is a virtual currency. If you use it as like investment it may be your asset.
bitcoin is no an asset, bitcoin is the new currency , even though there are a lot of banks, but some people are still believe in btc.
Some people said that bitcoin is an asset,scam or anything that against bitcoin, but bitcoin isa a currency a new digital currency , i dont know why other people are against bitcoin.
bitcoin is more suitable for assets, because the current bitcoin is higher than the currency. so if bitcoin in use as currency is not very suitable with current prices. and bitcoin will have a good future if it is in the asset.
I think bitcoin is an asset. Be that as it may, what comes up short is the state of mind of bitcoin proprietors towards spending their belonging. A large portion of people stores bitcoins. I cannot think about any individual that is prepared to spent all or half of their bitcoin in return to a basic supply, things or services not connected in the digital 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
Both, IMO.
That why bitcoin is unique currency as it can be use as investation (asset ) or can be use for transaction ( currency )
There are no currency able like this except bitcoin so , yes, bitcoin is revolutionary currency so I can see the fact that people have faith on this currency
That why bitcoin is unique currency as it can be use as investation (asset ) or can be use for transaction ( currency )
There are no currency able like this except bitcoin so , yes, bitcoin is revolutionary currency so I can see the fact that people have faith on this currency
There are some companies and stores that use Bitcoin as a currency. Some didn’t do that because the price of Bitcoin is so volatile. They realized that it is too hard to make Bitcoin as one of their modes of payment. A lot of people use Bitcoin as an investment vehicle. Therefore, Bitcoin is both an asset and a currency.
Some people said that bitcoin is an asset,scam or anything that against bitcoin, but bitcoin isa a currency a new digital currency , i dont know why other people are against bitcoin.
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
Hi there StevenRA! As I read through the article one thing that sticks to my mind is the word “IF”. We all know that there is a long list of company that uses and accept bitcoin as payment. However, what fails is the attitude of bitcoin owners towards spending their possessions. Correct me if I am wrong but, as of now, most of the people hoard bitcoins. I cant think of any person that is ready to spend all or almost half of their bitcoin in exchange for a grocery, items or services not related to cryptocurrency. And by that I think most of the people treat bitcoin as an asset.
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
but sometimes bitcoin can also be in the money as the price listed and worth of certain money.
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, it can be both, it is a currency yet an asset as well, it can be both depending on what people see it. Some people only see it as a currency, and they use bitcoin as they want, it can be considered as an asset as well. I guess people really don't care whether it is an asset or just a currency.
it can be considered as both asset and currency in future it will can considered as assets and even it can be used as 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.c[Suspicious link removed]m/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html
Don’t really care what a dean-of-valuation from NYU has to say, my investment into bitCoin, IS an investment, I purchased my shares of bitCoin for investment purposes, I hold all my investments as investments.
If I hold $200.00 in coins ( nickels and dime’s or dollar bills in two years, I will still only have $200.00. If I HOLD $200.00 in bitCoin I will have MUCH, more than $200.00, so it is an Investment. Nothing more needs to be said. It is that simple.
It is a medium of transferring the values and in that sense, it is a currency because it fulfils the fundamentals of the currency which are as follows,
1) Supply - There should be a supply of money in order to call it a currency and we have a supply of Bitcoins in the market today from miners. In the coming years, it will change the form but still, supply will be there.
2) Cost - There must be any monetary value for the thing we are considering as a currency and not doubt Bitcoin gained a huge surge in the price since its inception.
3) Availability - Bitcoin has grown so big that now it is almost near to impossible that it will not be available on the internet so Bitcoin is also fulfilling this condition.
Thus, I believe that it is safe to call Bitcoin a currency as it satisfies the basic parameters of a currency.
1) Supply - There should be a supply of money in order to call it a currency and we have a supply of Bitcoins in the market today from miners. In the coming years, it will change the form but still, supply will be there.
2) Cost - There must be any monetary value for the thing we are considering as a currency and not doubt Bitcoin gained a huge surge in the price since its inception.
3) Availability - Bitcoin has grown so big that now it is almost near to impossible that it will not be available on the internet so Bitcoin is also fulfilling this condition.
Thus, I believe that it is safe to call Bitcoin a currency as it satisfies the basic parameters of 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
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