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Topic: Bitcoin as money - page 4. (Read 1140 times)

full member
Activity: 756
Merit: 102
March 27, 2018, 04:54:52 AM
It does not matter whether bitcoin is money or not. Its utility is important, not its definition. If you can use it just like you use money, then you can call it money. And what economists and others think is not part of the overall picture and is a distraction.

Why not? Of course it does matter. we should first know the characteristic of the item or a product that we would like to use in order to avoid further issue and problem that may occur. now in the case of bitcoin , id say it is a money because bitcoin is a digital curency that can be used just like money to buy stuffs And bitcoin is also an asset because it can also be used as a trading and an investment tool. however the only difference between a bitcoin and a money is that bitcoin can only be used online or with an internet connection while money is fully workable offline.
newbie
Activity: 30
Merit: 0
March 27, 2018, 04:47:42 AM
Because Bitcoin success story has only just begun  Wink
Bitcoin is to banking what the Internet was to telephony. The most exciting thing about it is not anything that we have seen yet, but what it can become in the future.In the 1990s, we saw the same story play out with telephony and the Internet. The telephone network saw relatively few innovations because it was a closed network with the telephone company setting the rules of communication. Then, the Internet came online as an open, peer-to-peer network, enabling thousands of new apps and innovations we would have never dreamed of even a decade ago – the rest is history!
full member
Activity: 412
Merit: 100
March 27, 2018, 04:45:08 AM
It does not matter whether bitcoin is money or not. Its utility is important, not its definition. If you can use it just like you use money, then you can call it money. And what economists and others think is not part of the overall picture and is a distraction.
newbie
Activity: 22
Merit: 1
March 27, 2018, 04:39:14 AM
When everyone recognizes it as money and is widely used, then of course it is positive
full member
Activity: 186
Merit: 100
March 27, 2018, 04:38:09 AM
I agree with your opinion. bitcoin is the currency. But bitcoin is only used conveniently and quickly in some cases. It can not be used to buy goods or food in daily life.
sr. member
Activity: 490
Merit: 250
March 27, 2018, 04:33:17 AM
I imagine positive, if using bitcon as a substitute for money then life will be better because bitcoin has advantages over money. bitcoin can be used for payment and can also for investment and bitcoin is not easy in fake like money

Bitcoin serving as money in some places. That's why people are interesting in it. Its a shortcut for those who want to make money without losing anything. or without doing anything even. Like Buy at less price and wait for the price increase to sell at profitable price.
member
Activity: 238
Merit: 15
March 27, 2018, 04:25:12 AM
Bitcoin price haven't stable price and market at all for using it as currency. It's only my opinion)
member
Activity: 365
Merit: 10
March 27, 2018, 04:24:40 AM
I believed is a welcome and very good development to us bitcoin to buy food,cloth and so on. One of the advantage is that we would free from carrying load (FIAT)  in our pocket but all we need is our internet services either with our phone. Another advantage is we pay exactly the cost without asking for change.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
March 27, 2018, 04:22:47 AM
I think everyone who holds bitcoin assets wants this to be a legitimate payment instrument in everyday life, but it is still very difficult as many countries still forbid it. but I am optimistic one day all this will be realized.
I'm also hoping this that one day the bitcoin use as a payment system because it can be having a big role in the community and help many people to change their financial status in life. It also gives a profit for those people who hold it so that many people are become interested to save money and the government also want changes in order to give a good services to its citizens that's why I still hoping that someday bitcoin will become a legitimate payment method in our society.
full member
Activity: 322
Merit: 100
March 27, 2018, 04:14:08 AM
I think everyone who holds bitcoin assets wants this to be a legitimate payment instrument in everyday life, but it is still very difficult as many countries still forbid it. but I am optimistic one day all this will be realized.
sr. member
Activity: 448
Merit: 250
March 27, 2018, 04:13:19 AM
Bitcoin stores are decidedly confirmed, yet bitcoin's future cash is to some degree far-fetched on the grounds that bitcoin is against the way that legislatures don't control bitcoin. There are numerous boundaries to concurring that all individuals in the entire world are bitcoin, so you say you're a little bitcoin for a future cash, however in the event that that happens everybody should know how to bitcoin so effortlessly Just be bitcoin's future cash, Many individuals are likewise familiar with having the capacity to deal with cash since they are extremely hard to profit.
full member
Activity: 672
Merit: 176
March 27, 2018, 04:09:18 AM
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
  No need to imagine, I have been using bitcoin for a long time to buy clothes and pay for services, but not directly, but I have to use the exchange. This of course creates some inconvenience, but I can say that bitcoin participates in my spending itself. Of course it would be much more convenient to use bitcoin to pay for services directly, but I think that soon it will be available.
jr. member
Activity: 196
Merit: 1
March 27, 2018, 04:07:23 AM
Now a days in other countries they used token to buy in groceries, pay bills and other payments. Sooner we will be having that kind of process to acess everything we need.
jr. member
Activity: 280
Merit: 1
March 27, 2018, 04:04:08 AM
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?

Exactly, bitcoin is already considered as a money. Although bitcoin price is unstable but still we can use it as a form of payment. However the development of bitcoin up to this stage is still lacking compared to fiat because of its transaction issue.
sr. member
Activity: 490
Merit: 250
March 27, 2018, 03:56:45 AM
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?

It has no doubt that bitcoin is used as a money since people are  investing in bitcoin only to earn money. We can use bitcoin everywhere to buy goods  and to do business also .
newbie
Activity: 107
Merit: 0
March 26, 2018, 07:31:04 PM
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
Future of money is crypto all together. That is a good thing in decentralization as long as there are people around the world that mine there will be crypto, there will be centralized alts too and they will have some purpose, you will not be able to access if you don't have special coin, look at that like this.
sr. member
Activity: 789
Merit: 273
March 26, 2018, 07:28:46 PM
Bitcoin stores are positively authenticated, but bitcoin's future money is somewhat unlikely because bitcoin is opposed to the fact that governments do not control bitcoin. There are many barriers to agreeing that all people in the whole world are bitcoin, so you say you're a little bitcoin for a future money, but if that happens everyone should know how to bitcoin so easily Just be bitcoin's future money, Many people are also accustomed to being able to handle money because they are very difficult to make bitcoin a future money.
member
Activity: 588
Merit: 18
March 26, 2018, 07:14:13 PM
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?

Bitcoin is real and people trade on bitcoin and other set of people invest on bitcoin, Secondly, base on current prize of bitcoin many investors are doing the right to invest more, while some set of people trade daily for survival, furthermore, if any of these set of people, mostly the long time investors, pull out they cash, buying of cars and house we just look like stick sweet to them.
member
Activity: 308
Merit: 10
March 26, 2018, 06:33:06 PM
Bitciin as a cureency provides a lot of possibilities and a promising future. Bitcoin could recolutionize and reform money as we know today. Bitcoin could make transactions easier, more convenient, and faster if it was considered into a currency. That is why a lot of investors are telling that bitcoin is the future of currency and could one day change the conventional currency we know today.
it is possible that bitcoin use as money in worldwide and i think in future bitcoin will global currency and everywhere use it as like money and we can buy anything as like cloths, shoes, furniture and i think we will buy home and car by bitcoin, so bitcoin will very popular in future because many investors are waiting for its high price and that's why everyone will more invest their money in bitcoin by its profit.  
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
March 26, 2018, 06:22:49 PM
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?

Bitcoin has really the potential to replace fiat in the future due to its massive investors in the market who are making profit by just investing or rather called trading compare to the people who are working on the corporate world and having a hard time.
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