Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is asset, not currency.
by
marcuslong
on 17/01/2018, 03:18:20 UTC
National Bank of Israel officially announced that the Bitcoin is not currency but asset. I think that most countries will follow the example. what do you think?

Well, I'm not against the decision and the announcement of National Bank of Israel but I will just say my opinion against this topic. For me, Bitcoin is both asset and currency. It is an asset because there are lots of people trying to earn bitcoin and they got benefits on it, by getting a lots of money as well as they used bitcoin as their business. Bitcoin is a currency because many online shops now are accepting bitcoin as mode of payment. And the only thing that online shop accepts as mode of payment is a currency, then Bitcoin is a currency (Cryptocurrency).