Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin Really A Currency or An Asset?
by
Colt81
on 03/10/2017, 15:14:20 UTC
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?
I think it depend how you use it. You can use your bitcoin as currency in which you use it in different kind of transaction like paying bills and shopping on online market. Some people use it as an asset and they hold it and stock for a long time and I think they will sell it when he price goes up.