Post
Topic
Board Bitcoin Discussion
Re: Bitcoin just an asset ?
by
bajing
on 10/07/2017, 10:52:39 UTC
I think bitcoin is also considered as a property because I think it's like a currency. You can use it to buy other goods and services. A great asset to make a profit is to earn big money from your product when you are saving the bank
I think bitcoin is not an asset, but it has value like a physical asset. How we can buy one land or house and after few years the land value increase like that bitcoin value also increase if you save this coin for a long time. But it does not have value like a physical asset. The price drop in the market will not affect much on a physical asset, but it will effect on bitcoins.
Correct, the asset is something of an investment whose value may increase or decrease but I think you wrong choose an example because the price of the land or house will continue to increase from year to year, it is not same like bitcoin whose price can down anytime but I agree that bitcoin just an asset .