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?
It is both a currency and an asset. Currency in a sense that you can really use it to buy thing you like, pay your bills, send money to anyone, and more. Actually, I am using bitcoin for a long time, and it's been great so far. I find no hustle using bitcoin. I have also bought stuffs and accessories for my gadgets.
On the other hand, bitcoin is an asset in a sense that it is MONEY in different form. Bitcoin is a cryptoCURRENCY, which means that you can use it as a medium for buying things. And the best thing about owning bitcoins is that you can multiply your money due to its volatility, although the risk of losing is still there.