Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin an asset or a currency?
by
wiro 212
on 17/04/2018, 15:44:08 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

Bitcoin is a digital currency that can be used to transact online and also trade for profit. Bitcoin can rise higher and it will be a profitable investment in the long term, and for that I consider bitcoin as an asset.