Quote from: PokerFace3 on November 04, 2017, 05:52:55 PM

Quote from: Oasisman on November 03, 2017, 03:24:08 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 ??

Well for me its pretty both and its all up on the person who hold their own btc. Some uses it for investment , saving it for the future or waiting for the possibilty of btc's value going sky high and that makes it an asset. Some are using it to buy their needs and wants by converting it to physical money, that makes it a currency as well. Thats just my simple opinion.

Using it in both ways is very good and it was basically made for the replacement of currency and people made it as investment and money making machine and yes it is but its basics are as currency and thats why countries are accepting it because they know that this currency can help them in expanding their e-commerce business and thats true so use it in both ways it will beneficial for user and give profit at both.

About the nature, Bitcoin has became a crypto currency and crypto asset, unlike digital asset and currency, because the crypto theory is something uses blockchain technology and decentralized. Therefore, you can using Bitcoin as both type and you do not have any problem.