Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is asset, not currency.
by
Sexie
on 22/01/2018, 11:54:57 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?
.           So bitcoin for me is both a currency  and an asset. Bitcoin as currency is known through internet as digital currency in which you can transfer easily to one another through out the world much cheaper and quickly without any extra charges. A digital currency that they can use to buy something from it through online businesses, remittances and exchange trading. On the other hand bitcoin could be an asset also. You just convert  or invest your cash into bitcoin just to protect it  from any government rules and other charges. It could be an asset for its value is getting higher.