Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a currency or asset?
by
dyewic
on 06/03/2018, 15:52:09 UTC
I think it is store of value like gold and at the same time currency, similar to fiat money.
This makes bitcoin superior than both of them as well.

I strongly agree on your opinion that, it is store of value like gold and at the same time currency, similar to fiat money. And adding also my opinion that, bitcoin is both a currency and an asset, since the previous reply defines what an asset is and bitcoin fits it if you do not consider it as a currency. In addition, this means the price will remain volatile as more people adopt bitcoin and make it go up and this will probably last at least another 5 years. On the other hand, Bitcoin is not yet a currency because it is not yet legally accepted worldwide but it is certainly an asset and I think in the near future, Bitcoin can considered a currency once legalized.