Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is asset, not currency.
by
Shirin16
on 22/01/2018, 08:07:08 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).
yes I really agree with you. I think the first person to create this technology has a purpose that bitcoin will serve as a better currency.
it's just that today there are still many countries that have not legalized bitcoin, so it is still not seen clearly that bitcoin is created as currency.