Is BTC a currency or a commodity?

Reply to this note

Please Login to reply.

Discussion

Both?

Having a hard time seeing it as a currency. Definitely there’s a case for it being a commodity.

Okay well it’s the most portable commodity

Have to think about this more but

💯👌✨

Asset

Ok. Interesting take. Definitely can’t disagree.

So as an asset do you think BTC acts more as a means of exchange or something that’s useful for an economy as a product?

Hard question!

Bitcoin is made to be used. But it's so dang valuable people want to hord it.

Truth is, "spend and replace" is a good strategy for adoption.

It's all currency.. even fish is currency if the seller is willing to accept the fish..

Yes

Commodity.

I’m sort of in this line of thinking