Quote from: pginvest on September 30, 2017, 01:35:25 PM

Quote from: valucash on September 06, 2017, 02:48:36 PM

Bitcoin has been touted as a crypto-currency, capable of replacing fiat currencies but the reality today is that most people prefer to hold bitcoins rather than spend it. Can we really say it si a currency when a large number of bitcoin users treat it as an asset?

Its obviously both, In terms of its asset comparrison it might be precious metals. In terms of its currency utility it is very useful for large transactions, in particular large or international transactions, but it gets expensive and cumbersome for small everyday transactions.

If one is spending it for the daily works then it is counted in currency on other hand if one is maintain wallet of it and continuously adding bitcoins to it for the future then it is asset and it gives benefits in both ways no matter how anyone use it bitcoin bless everyone miner, trader and investor, so do whatever you want whether you want to spend or want to hold it works for you.