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Edited on 07/09/2025, 18:08:44 UTC
Quote from: Hypnotizer on September 07, 2025, 06:50:02 AM
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.



Open thread: What is your type of perception about bitcoin; do you consider it as a currency or as an investment asset or both?

In my case I consider Bitcoin to be strictly a digital asset investment. I have elected to only invest in the future price of Bitcoin by owning shares of spot Bitcoin ETF (exchange traded-funds) that tracks the price of Bitcoin nicely. Buying x amount of spot Bitcoin ETF shares equals x amount of a whole BTC. With Fidelity's FBTC 1,140 Shares at its current price of $97.36/Share equals the equivalent of 1BTC at Bitcoin's current price of $111,000. With Blackrock's IBIT 1,750 Shares at its current price of $63.42/Share equals the equivalent of 1BTC.  

This makes it easy for investors to benefit from Bitcoin's expected future price - and do it with a regular brokerage account - and have custody of the Bitcoins coveringthat cover investor's shares fully protected and securely taken care by theFidelity or Blackrock - multi-trillion dollar global financial firmfirms with strict regulatory requirements. I do not want to deal with self-custody wallets, private keys, recovery seed phrase words or any of that mess.          

I do not want to deal with self-custody wallets, private keys, recovery seed phrase words or any of that mess.          

I have no interest in ever owning and using Bitcoin as a currency, therefore I have no plan or desire to ever accumulate Bitcoin that requires self-custody.  
Version 1
Scraped on 07/09/2025, 17:44:02 UTC
Quote from: Hypnotizer on September 07, 2025, 06:50:02 AM
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.



Open thread: What is your type of perception about bitcoin; do you consider it as a currency or as an investment asset or both?

In my case I consider Bitcoin to be strictly a digital asset investment. I have elected to only invest in the future price of Bitcoin by owning shares of spot Bitcoin ETF (exchange traded-funds) that tracks the price of Bitcoin nicely. Buying x amount of spot Bitcoin RTFETF shares equals x amount of a whole BTC. With Fidelity's FBTC 1,140 Shares at its current price of $97.36/Share equals the 1 BTC at Bitcoin's current price of $110111,990000. With Blackrock's IBIT 1,750 Shares at its current price of $63.42/Share equals 1 BTC.    

This makes it easy for investors to benefit from Bitcoin's expected future price - and do it with a regular brokerage account - and have custody of the Bitcoins covering yourinvestor's shares protected and taken care by the multi-trillion dollar global financial firm with strict regulatory requirements. I do not want to deal with self-custody wallets, private keys, recovery seed phrase words or any of that mess.          

I have no interest in ever owning and using Bitcoin as a currency, therefore I have no plan or desire to ever accumulate Bitcoin that requires self-custody.  
Original archived Re: Do you consider bitcoin as a currency or as a digital investment asset
Scraped on 07/09/2025, 17:38:26 UTC
Quote from: Hypnotizer on September 07, 2025, 06:50:02 AM
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.



Open thread: What is your type of perception about bitcoin; do you consider it as a currency or as an investment asset or both?

In my case I consider Bitcoin to be strictly a digital asset investment. I have elected to only invest in the future price of Bitcoin by owning shares of spot Bitcoin ETF (exchange traded-funds) that tracks the price of Bitcoin nicely. Buying x amount of spot Bitcoin RTF shares equals x amount of a whole BTC. With Fidelity's FBTC 1,140 Shares at $97.36/Share equals the 1 BTC at current price of $110,990. With Blackrock's IBIT 1,750 Shares at $63.42/Share equals 1 BTC.   

This makes it easy for investors to benefit from Bitcoin's expected future price - and do it with a regular brokerage account - and have custody of the Bitcoins covering your shares protected and taken care by the multi-trillion dollar global financial firm with strict regulatory requirements. I do not want to deal with self-custody wallets, private keys, recovery seed phrase words or any of that mess.         

I have no interest in ever owning and using Bitcoin as a currency, therefore I have no plan or desire to ever accumulate Bitcoin that requires self-custody.