Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin an asset or a currency?
by
Kelvinid
on 10/11/2017, 15:05:44 UTC
As far as I know, bitcoin is now considered as an asset and a payment method in some country. It's a very long way for bitcoin to be a currency.
In my opinion, bitcoin maybe is considered as a payment method but not asset now Smiley.. U can trade, send, and give bitcoin and they now depend on USD or some "currency".. We determind "asset value" by BTC not BTC value = anything like Gold, Silver, Oil... Smiley
For me, bitcoin belongs to both. It is a virtual currency or an electronics money and it is also an asset, if the bitcoin is not yet in your wallet so its right to call it as a currency circulated over the internet and if the time comes that you already earned, buy or generally you own bitcoin then it will become an asset, as we know that asset are those everything that has a precious value and can be convertible to cash.
Definitely right.Bitcoin is considered the top leading digital currency,but it doesn't stop there.Bitcoin nowadays is more on an asset or an investment as many people are craving for it to earn even only one bitcoin.Its value is definitely much higher than the value of gold,plus the fact that its market price keeps on increasing making it reached almost $10k before the end of this year.