Bitcoins investment or asset

[chetan]

Are Bitcoins an investment or an asset?

[kyletorpey]

Bitcoins are more of an asset than an investment because you are really just speculating on the price of bitcoins. For an investment, there is usually a need for some kind of dividend payment to be involved. Bitcoins are also better defined as an asset rather than a currency right now due to the fact that they have not been able to provide a stable store of value. Bitcoins cannot really be considered a currency until the price of the bitcoin becomes a bit more stable. For now, people who hold bitcoins are simply holding an asset that could eventually become very valuable over the long term as a currency.