Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is asset, not currency.
by
Potatohead
on 22/01/2018, 12:05:24 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 guess so. Still, the thing that qualifies bitcoin as a currency is the fact that it can be used to buy things, which are online of course. I think an asset can be traded or sold, but not used to buy things that are for sale and not for trade. This is why for me, I still consider bitcoin more of a currency rather than an asset.