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?
Bitcoin is a new form of investment,
like gold it can be traded and become an exchange tool in the past, but also has a very good security and protection. Bitcoin is a revolution of finance and economics, even the bank officials and world financial institutions are anxious and being focus about it. Bitcoin is also a path that leads people to get rich and have business, thus helping the worlds economy.
Yeah to say exactly digital gold. Now we may do the huge investment on bitcoin or altcoins mate. There we will find the more potential with the all cryptos so investment will give the returns in high number of fiat cash.
I take bitcoin as best investment with the big potential of returns than the bank's interest, gold and property. It is beyond every option.
Since it is being a anonymous and hasslefree transaction through out the world with the cheap amount as a fee, This is how I take and use the bitcoins.