Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin an asset or a currency?
by
trupero_uno
on 16/04/2018, 09:50:39 UTC

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

I think there is similarity between asset and currency, both of them can be used for transaction but currency is more liquid rather than asset. The difference of them are asset can be hold for long time and the value can be increased while currency is decreased by inflation, etc.  So in my opinion, bitcoin is most likely asset as also claimed by G20 convention.