Quote from: Lomberjack on April 06, 2018, 10:45:39 PM

Quote from: sonewaneaman on August 18, 2017, 07:28:36 AM

Bitcoins very volatile prices have reignited the debate about its usefulness as a currency or as an asset. In some ways, Bitcoin suits the definition of currency quite adequately but if the volatility is less. It allows for the creation of secure and transparent transactions. Thus, can be used as a secondary currency in future. Some of the experts have huge concerns over its volatility. But, sooner or later the prices may remain less volatile as of today.

I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/

What's your opinion about BTC as a currency or an asset?

Suggestions and comments appreciated

Actually for me, Bitcoin acts as both currency and an asset at the same time for the reason that it possesses the characteristics a currency and an asset possess to effectively consider it and claim it as the one. Bitcoin acts as a currency in a way that you can use Bitcoin as a term of payment in any online merchandises that was like an innovated version of our regular currency which makes it a lot more easier to pay even without that need to get cash from your wallet and transactions are fastly made by the means of it. In the other hand, Bitcoin acts as an asset for the reason that an asset is a growing money which is commonly used for investments that was a characteristic of Bitcoin to evenly grow due to its volatility.

Yeah, Bitcoin has so much function and it could be considered as an asset or a currency depends on what activity you want to use Bitcoin for.
It will be a currency if you're using them to buy other coins , it will be an asset if you're keeping them in a wallet and wait for the right moment to sell.
It could be a saving if you want to keep them for your children also , there will be no physical damage over the time like golds because it's digital .