Quote from: Victorycoin on October 30, 2017, 04:20:05 PM

Quote from: BillyBobZorton on October 17, 2017, 04:03:51 PM

Quote from: YaChou on October 17, 2017, 03:52:55 PM

I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??

It's simply both.

Bitcoin is attractive as an asset to hold because of it's scarce nature. Bitcoin is also attractive as a currency because it's borderless, permissionless, and pretty fast and cheap (except when Roger Ver/Bitmain are spamming it).

So for some use cases like buying a VPN, bitcoin is the best currency.

Could not have been said any better! To add to that, the reason Bitcoin is used less for goods and services is because the technology is still evolving but as its awareness and adoption is fast on the increase, we can be rest assured that Bitcoin's roles as store of value and as a currency would come to the fore. Bitcoin can no longer be ignored by anyone or any institution that have a stake in tomorrow and with more governments coming to the realization, that instead of a ban, legalization would serve them better, the ground would become accommodating for more companies and merchants accepting Bitcoin to spring up.

Your idea is positive and probably right . Bitcoin is more asset it provides an opportunity to the people to make their future bright and secure . Just invest your money wisely and your decision making power should be strong. Take right decisions on right time and invest the profit further or you can make some property of it. So indeed bitcoin is an asset .