Post
Topic
Board Bitcoin Discussion
Re: Bitcoin just an asset ?
by
sapnu
on 25/12/2017, 09:03:15 UTC
I have read in the news that that like bitcoin as virtual currencies are assets and does not have the characteristics or what it takes to be a currency that could meet our modern economic needs. It was said that it does not have the fundamental attributes. What are your thoughts about it?

Personally for me Bitcoin is a aspect and a currency also. To explain to you, it is an asset if I store my money in it, and I expect it to appreciate. It is a currency for me cause I use it to buy and sell goods and services. So the answer to your question is what would you like it to be. People don't understand it is completely decentralised, strong, so it's the best, it's use depends on person to person.
Yes I agree because if you prefer it as your main job it is very risky because as you can see the bitcoin is unstable and the price is really unpredictable when the price is rising up or even falling down. It is in the matter of pump and dump system. What if bitcoin dies. Where do you get some money for your daily needs. I will only recommend to you to have a field job.