Re: Is bitcoin an asset or a currency?

Quote from: StevenRA on October 25, 2017, 09:01:08 AM

Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.

https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html

People have a different view regarding on this question. Base on my knowledge, bitcoin is equally a currency and an asset. Bitcoin can be used as an asset because it has the aptitude to be traded for properties and the worth which can dump or pump. Bitcoin also a currency it can be used to conduct a transaction and pay for some stuff and amenities anyplace in the world