Bitcoins very volatile prices have reignited the debate about its usefulness as a currency or as an asset. In some ways, Bitcoin suits the definition of currency quite adequately but if the volatility is less. It allows for the creation of secure and transparent transactions. Thus, can be used as a secondary currency in future. Some of the experts have huge concerns over its volatility. But, sooner or later the prices may remain less volatile as of today.
I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/
What's your opinion about BTC as a currency or an asset?
Suggestions and comments appreciated
I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/
What's your opinion about BTC as a currency or an asset?
Suggestions and comments appreciated
well that is a good question and also an important question.i believe bitcoin is invented whit the idea of an currency and for a long time it is used a such.however now that Bitcoin has risen so much in value and is being used by more and more people, bitcoin seems to be used more as an asset. for bitcoin to be used as a curenty there are not too much price fluctuations. the tought that buying something for one bitcoin today while tommorow it can cost just half a bitcoin wile problebly hold poeple from actually spending there bitcoins.