What finance is Bitcoin (is Bitcoin a financial asset)

According to official sources, what finance is Bitcoin

Blockchain and Cryptocurrency are one of the largest Medium of exchange on the Internet, but in the current world of digital assets, it does not have a simple, borderless payment system to solve this problem. If we knew in the past that the banking industry had a demand for small loans but did not receive corresponding financial support, then today this commodity service is no longer an acceptable tool for small loans. Now that Bitcoin is a financial tool, it can be used to do things, such as allowing people to use Bitcoin for lending or borrowing. Bitcoin is a Electronic cash system based on value storage

Is Bitcoin a financial asset

According to Coindesk, in an interview in January 2019, economists conducted in-depth research on whether Bitcoin is a financial asset. However, they also pointed out that although Bitcoin has similarities with fiat currency, it does not belong to the commodity category. Although they can be considered as value storage means or currency forms, in most cases, people do not understand their functions as payment instruments or pricing units, or even how these functions will affect the ability to use Cryptocurrency for transactions.