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Topic: Are you OK with Bitcoin being called a token? - page 10. (Read 3287 times)

legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
I don't mind really, it's just a name. If it doesn't fit the definition of a currency, the regulators can use other names. They are in a way bound by law not to call it a currency if it hasn't been approved as one in their country (at least in official docs). I prefer when people say it's been trading at $XXX a coin, not a token, but I guess it's whatever suits you.
full member
Activity: 140
Merit: 100
I thin for me , lets stick to call it bitcoin so that it will not create confusion. Today many people are still have no idea with this currency. Smiley just only my thoughts.
legendary
Activity: 1946
Merit: 1007
I don't care what it is called really. Bitcoin is not a coin either.

As long as it appears in the media, they can give it whatever name they like. More exposure is better.
full member
Activity: 139
Merit: 100
it depends on the person who gave to them because no one is angry at all, so it's up to them to call it what it's called.
legendary
Activity: 3038
Merit: 2162
Most times it's better to just call Bitcoin "Bitcoin". It has many properties which can described by words like asset, money, currency, coin, cash, settlement layer, token, and so on; they can be used to emphasize some aspect of Bitcoins nature, but they can't once and for all describe Bitcoin because it can be used in so many different ways that it makes it truly unique - there's simply nothing that comes close to Bitcoin in traditional financial system.
full member
Activity: 280
Merit: 100


I think only more circulating words. because many ico always mention tokens. yes this is just a word that we often say. does not mean very deep meaning. I myself have no problem with token words on bitcoin.
sr. member
Activity: 560
Merit: 269
It doesn't matter to me whatever they call bitcoin. They can call it anything they want to call it. That's their opinion and we have nothing to do about that. As long as it wont affect it's price. But i think it's wrong to bitcoin a token because it's a digital currency which you can also buy something using it. But as long we benefits from bitcoin. It doesn't matter how they see it or what they call it. A token, a coin or currency. As long as they buying and using bitcoin, o don't mind that. But still they have to be educated about this.
full member
Activity: 238
Merit: 100
Presale is live!
I am not okay with Bitcoin being called a token because it's not that. A token is something that's redeemable later for something of real value. I would call altcoins tokens of Bitcoin actually haha.
hero member
Activity: 966
Merit: 535
Doesn't really matter what it is called but tokens run on the ethereum platform so it would be wrong to call it a token. I don't agree with the idea.

Where did you get this from anyway ? Why would anyone call it a token ? Did you read about this somewhere ?

Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?  Cheesy
I believe it is not appropriate to call bitcoin as TOKEN because token pertains to smart contract cryptocurrency. There will be a confusion if you call bitcoin as token even other coin. For example you cant call Ethereum as a token because there are lots of ethereum smart contract or ethereum token under ethereum. Same with NXT, and WAVES.

Yes exactly it's a totally different platform all together.
sr. member
Activity: 568
Merit: 254
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?  Cheesy
I believe it is not appropriate to call bitcoin as TOKEN because token pertains to smart contract cryptocurrency. There will be a confusion if you call bitcoin as token even other coin. For example you cant call Ethereum as a token because there are lots of ethereum smart contract or ethereum token under ethereum. Same with NXT, and WAVES.
sr. member
Activity: 532
Merit: 257
A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
Bitcoin is still bitcoin no matter how others would call it its no big deal for me since Im into bitcoin because of its precious price and the promise of good future that I see.
full member
Activity: 714
Merit: 101
This Is Promissing Project
I think bitcoin could be called a token, but a token that has the highest price among other tokens. But that does not mean bitcoin has properties like other tokens, which is easy to get. If that happens then we'll all be rich, but that's bitcoin, how to get it is a bit harder than other tokens, and that's what makes bitcoin feel special.
full member
Activity: 278
Merit: 100
It doesn't matter if it's called a token. Cash is a token. A ten dollar note, a two pound coin, they have no value in the metal... They are representative of value, or a token.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
No. I don't care about the ins and outs, it's a shit word. When Poloniex started referring to themselves as a blockchain token platform it really got on my nerves.


Token

1.
a thing serving as a visible or tangible representation of a fact, quality, feeling, etc.

2.
a voucher that can be exchanged for goods or services, typically one given as a gift or forming part of a promotional offer.


Neither definition smells of Bitcoin to me.
sr. member
Activity: 658
Merit: 251
as i know bitcoin is a digital currency used as an investment and trading in crypto currency where so bitcoin is equated with other altcoin and called token which is new coin issued by new developer in a project. But to me no problem bitcoin called token because the most important bitcoin can provide more value for our family economy.  Grin
sr. member
Activity: 1386
Merit: 406
I think bitcoin its now a token, and it is a coins not a token. But it depends to the people what they going to called token or coins.
And the important on this is the value and you can convert it to cash.
full member
Activity: 210
Merit: 100
For me it doesnt really matter how someone would like to call bitcoin.
They may call it anything that they seem fit to call it,  it doesnt really matter because it wont affect the price of bitcoin.
As long they know how to use it and what it is for would be more beneficial than controling what they wanted to call it.
But if you really dont want someone valling bicoin as a token then i think you should start to educate them why itisnt fit to call it as token.
sr. member
Activity: 322
Merit: 250
It is not being considerated as a token anymore, financial bussiness are starting to consider it as a normal currency, only that it is a digital one.. Only ico's have tokens, and probably a ninety percent of the altcoin market is considered as a token, because those coins were crowdfunded and they had an ico, that is why they are tokenized.
newbie
Activity: 7
Merit: 0
Technically a BTC isn't a token. There was no ICO to crowdfund that technology. The initial cost of a BTC was 'undetermined'
full member
Activity: 476
Merit: 100
it depends on who's playing bitcointalk I'm just a follower and just play in it and but if with others I would not know ,, bitcoin should evolve from year to year.
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