Is Bitcoin a Security

[Nomad]

There is a debate on whether bitcoin is a security or not. A security is an investment tool where you invest money and get returns on your investment. Based on this definition, Bitcoin is certainly a security because you can invest in bitcoin and you can earn profits from your investment. However, securities are managed by a firm but bitcoin is completely community controlled. Thus, labeling bitcoin as a security might be a faulty idea.

Do you think bitcoin is a security?

 

[Ektalakra]

Bitcoin doesn't fit the traditional definition of a security. While it involves investment and potential returns, it lacks centralized management. iTs decentralized nature challenges the conventional understanding of securities, marking the labeling as a security a debated and nuanced topic.

 

[Riberet19]

No, because Bitcoin doesn't have any central company behind it, so we can say no, plus it's not anyone's debt, rather it's something akin to a commodity.