NYU's 'Dean of Valuations' Says Bitcoin Is a Currency, Not an Asset
https://www.coindesk.com/nyus-dean-of-valuations-says-bitcoin-is-a-currency-not-an-asset/Ive watched Aswath many times on CNBC over several years. Ive used his spreadsheets to value companies and stocks. He seems to be the go-to guy to value specific companies on CNBC.
I agree that you cannot value Bitcoin, but only price it and trade it. However, I disagree with him that its not an asset. I think Bitcoin can be both a currency and asset. In fact, it is more of an asset than currency right now. I disagree with him that an asset has to generate cash flow. Gold does not generate cash flow.
What does the community think? Is Bitcoin an asset, currency or both?
Actually, it come to me as both currency and an asset since bitcoin has already undergone certain and various improvements, it has already started to cater both characteristics currency and an asset possesses. This only show and implies that bitcoin cryptocurrency is getting flexible to be able to meet up our needs and wants.