Post
Topic
Board Economics
Re: Crypto is an Asset or Currency?
by
bocyaj
on 23/03/2018, 16:04:15 UTC
I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?

What is your opinion?

The purpose of bitcoin inversement is to replace the paper currency and to use it as asset too.In simple word,bitcoin is created to act as a gold and as well as currency.At first it is used as asset.Now it's used as a currency too.Many online transaction now accepting bitcoin as a one of the payment.