Quote from: Gens09 on August 18, 2017, 07:54:06 AM

Quote from: sonewaneaman on August 18, 2017, 07:28:36 AM

Bitcoins 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

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I guess,it could be both. Bitcoins could be a currency and an asset. It could be a currency because it transfers funds online and is easy to use. It could also be an asset but I may say that you would need time for all.

Well I agree with you, Bitcoins are not being used as a currency, even though other crypto currencies also not used worldwide. So accordingly me, Bitcoins to become an currency will take some time and till than it can only be used as an asset. As by selling it a person can get a money. Which he or she can used to buy things.. Bitcoins is more like an asset