Quote from: endut15 on April 10, 2018, 04:48:24 PM

Quote from: BillyBobZorton on October 17, 2017, 04:03:51 PM

Quote from: YaChou on October 17, 2017, 03:52:55 PM

I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??

It's simply both.

Bitcoin is attractive as an asset to hold because of it's scarce nature. Bitcoin is also attractive as a currency because it's borderless, permissionless, and pretty fast and cheap (except when Roger Ver/Bitmain are spamming it).

So for some use cases like buying a VPN, bitcoin is the best currency.

I personally think that btc is good used as an asset is not used as a currency, because each country already has its own currency.

Even though each country has a own currency bitcoin still comsider one of it because just like fiat and dollar they have the same usage but it was just limited. But for me bitcoin was really an asset where we people tend to invest here as we see that it can give us high profit when it price pump.