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Author Topic: Is Bitcoin A Currency Or Asset?  (Read 753 times)

Offline totol02

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Is Bitcoin A Currency Or Asset?
« on: May 05, 2018, 02:50:52 PM »
Bitcoin’s very volatile prices have reignited the debate about its usefulness as a currency or as an asset. In some ways, Bitcoin suits the definition of currency quite adequately but if the volatility is less. It allows for the creation of secure and transparent transactions. Thus, can be used as a secondary currency in future. Some of the experts have huge concerns over its volatility. But, sooner or later the prices may remain less volatile as of today.

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Is Bitcoin A Currency Or Asset?
« on: May 05, 2018, 02:50:52 PM »

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Offline priyanka624

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Re: Is Bitcoin A Currency Or Asset?
« Reply #1 on: May 05, 2018, 04:24:17 PM »
It can work as a hybrid between asset and currency. It could very well be the world's reserve currency, because no country has control over it and supply is limited.
If lightning network will work well and transaction fees will be very low, the satoshi could be the real currency for small purchases, while Bitcoins would be worth houses.
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