So I've been seeing a lot of talks about how Bitcoin has lost or is losing its identity because it is now regarded as an asset and not as a currency. I used to see the discourse a lot before but recently I've been seeing it more (don't know if it's just me). I have made a couple of replies on posts related to something like this on the forum.
So I really want to understand how Bitcoin has lost its identity.
If lost in your own terms is based on what your insinuating, then you it has to some extent to you and that’s to you.
Even now, it’s not out of context for a commodity to have it serve several purposes,
In the real estate, a property could serve housing purposes or being used as a store house or some place of business and in the same time, it retains value as an asset. That doesn’t limit it to certain functions based on where it’s most frequently used.
Same applies here with Bitcoin,
We must come to terms with the fact that, it’s an evolving commodity and means to finance that is still trying to attain mainstream use and its limited supply provides investors with opportunity to make the most of it while they can, hence the idea of hodling.