Post
Topic
Board Bitcoin Discussion
Re: Bitcoin just an asset ?
by
jb26
on 26/09/2017, 07:53:25 UTC
I can say that Bitcoin is both an asset as well as a currency. It has all the necessary requirements needed for it to be classified as either a commodity as well as currency. It is a currency because you can use it as payments for your business transactions. there are business establishments worldwide that accepts bitcoin. But, maybe it is still a commodity for others because there are users who just hold on to bitcoin for its value, as an investment. It is expected that the price of bitcoin in the future is upward in value. Some bitcoin users want to do hold bitcoin as their lifetime investment.