Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is asset, not currency.
by
pinoyden
on 22/01/2018, 08:15:42 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?
I think for now bitcoin is indeed more likely to be an asset for investment. it is shown from the number of people currently investing in bitcoin and get more profit. but I think and hope the future with this bitcoin technology will further simplify our transaction process. it means that bitcoin can indeed be used as a currency in the future.
hope.

i agree , bitcoin is mainly used as an asset for something like for example in the form of investing or trading because people are always eager to earn an income but the main purpose or usage of bitcoin on why it was built is basically  for paying or sending money international or locally in other words bitcoin is mainly act as a payment system but the blockchain technology that holds bitcoin is just powerful and so innovative to the fact that it can do many other things aside from onlly a payment gateway and that is why bitcoin is also an asset.