Post
Topic
Board Economics
Re: Crypto is an Asset or Currency?
by
supercanada1
on 09/04/2018, 17:33:33 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?

bitcoim is an asset today, it is for a long therm because fluctuations is not stable today.
Well we can use bitcoin both as currency and as an asset as well, so if you buy bitcoin right now and hold it for long time you will surely see the price very high in future we are going to see bitcoin market high once again, now there are a lot of people who are using only bitcoin to buy things in life they need and some people are just making assets with bitcoin because they want to hold it for long time without any plan for selling so price use to change but we can deal our bitcoin just as we want to deal with it.