Lately I have been thinking……..what do people nowadays consider bitcoin to be: as a digital asset for storing value and investment or as a currency which was the initial purpose of its creation.
I did a bit research and found out that the perception of bitcoin vary among different individuals.some consider bitcoin as an investment asset, other consider it as a currency and some people consider it as a revolutionary financial tool.
The majority of people consider bitcoin as an investment asset and they Hodl their coins for a long run. The other who consider it a currency keep it for their transactions and some business also accept Bitcoin as a means of payment.
Your research is correct.
What the majority does with their Bitcoins is to hold it and treats it as an asset. Because we all know that it's value will be greater in the future and the moment that it has reached $100k.
It gave an idea that it could go for more.
Open thread: What is your type of perception about bitcoin; do you consider it as a currency or as an investment asset or both?
No need to be confused, it's both.