being able to sell something for fiat doesn't make that thing "money"!
for example if you have a gold necklace you can sell it for fiat anytime you want but that doesn't make "gold necklaces" money.
money is a medium of exchange which in simple terms means something that you can use as payment for goods or payment for services,... and bitcoin can do that. you can "pay" with bitcoin and receive anything you want as long as there is someone else accepting it. you may not be able to convert it to fiat easily but it won't change the fact that it is "money" it would be like having some other fiat (like Russian Ruble) wit you in some other country like US and trying to convert it to local currency. the hardness of that conversion doesn't change the fact that Ruble is a currency.
Topic: Are bitcoins real money? - page 2. (Read 339 times)
And can I cash them whenever I want? Bitcoin has value that can be converted to regular currency or used to make purchases from merchants who accept bitcoins. In this sense, they are real money and will remain so as long as there is a market and people willing to buy bitcoins. To "cash" bitcoins, you need someone to sell them, exchanging for dollars or other currency. The exchange markets which process these transactions often have failures that prevent some people from accessing the account or making transactions for some time, especially during periods of significant changes in the value of bitcoins. So do not think that you can sell bitcoin at any time when you want.
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