Post
Topic
Board Economics
Re: Bitcoin is an asset or currency.
by
yohaneshs
on 01/03/2018, 09:07:38 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 ??

Bitcoin is a form of digital currency. It is created and held electronically, on a computer. Bitcoins are not paper money, it's not controlled by central banks or monetary authorities
Bitcoin is a fixed asset. there is only a total of 21 million coins. However, bitcoin is divisible so the growth potential for the exchange medium is unlimited.
So bitcoin as a digital currency and as assets is both are true.