wilbur Posted February 24, 2018 #1 Posted February 24, 2018 Is bitcoin an asset or a currency ? lately ive been thinking what is bitcoin actually i mean how do you classify bitcoin in general, what do you think?
hux Posted February 24, 2018 #2 Posted February 24, 2018 bitcoin is a currency in my opinion, people always say like "bitcoins not a currency because you cant buy anything with it" but the definition of currency is a system of money in general use in a particular country, the fact or quality of being generally accepted or in use. bitcoin is largely in use and lots of people do accept it you just have to realise the places to go to to be able to spend it and it is in use in particular countries (more than one) which makes it a currency, sorry i dragged this on a lot and my opinions may be retarded but this is just my opinion
wilbur Posted February 24, 2018 Author #3 Posted February 24, 2018 hahaha should i edit it to , what is bitcoin for you? nice one for explanation . kudos
hux Posted February 24, 2018 #4 Posted February 24, 2018 1 minute ago, wilbur said: hahaha should i edit it to , what is bitcoin for you? nice one for explanation . kudos maybe as it is really opinion based
btcstar31 Posted April 4, 2018 #5 Posted April 4, 2018 Bitcoin is an Asset and it has some Value ( Money or Currency) , Bitcoin is an Innovative Payment Network and a new kind of money, Bitcoin uses Peer to Peer technology to operate with no central authority or Banks, Managing transactions and issuing of Bitcoins is carried by the Network,
CryptoDadlol Posted April 4, 2018 #6 Posted April 4, 2018 On 2/24/2018 at 2:08 AM, wilbur said: Is bitcoin an asset or a currency ? lately ive been thinking what is bitcoin actually i mean how do you classify bitcoin in general, what do you think? Currency.
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