Post
Topic
Board Bitcoin Discussion
Re: What Type Of Asset Do You Think Bitcoin Is?
by
J Gambler
on 13/02/2018, 08:22:43 UTC
Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?

Its really very hard to quantify what kind of asset bitcoin or even cryptocurrency is because it can also be considered a liablity at the same time if it fails. But it can be considered a hedge fund or a time deposit if it can be invested properly and that the whole thing can be scrapped into an asset. And even until now due to its volatility it is a tough call to make