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?
I think Bitcoin has changed over time and circumstances, so it cannot be limited to a specific unit. Bitcoin is basically a decentralized digital currency. Where an individual enjoys the convenience of transactions without being controlled by any center. But from different people's perspectives, it is different. Some see it only as a digital currency, some see it as an investment asset, some see it as a path to financial freedom, some see it as digital gold, and some see it only as a way to get rich. I think it is wrong to limit Bitcoin to just a currency or an investment asset. Because it is a technological innovation, it is also a symbol of financial freedom and decentralization.