Post
Topic
Board Economics
Re: Bitcoin is an asset or currency.
by
Joebobb69
on 05/02/2018, 17:03:36 UTC
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??

Nobody knows the answer to his question, which is one of the major problems with Bitcoin.  It CANNOT be both.  It has to be one or the other, and it has poor performance both as an asset and as a currency.  It's why I don't own it.