Topic: Bitcoin is no longer a currency - page 12. (Read 15364 times)
bitcoin is a cryptographic code in a database with timestamped entries. the function for bitcoins is changing and will change. you can use it for short datastorage, as a currency, as an asset, as an smartcontract etc. it depend on the eco system development what is going to be possible ...
I use it both as currency and investment, but only for small transactions. Until such time that more people around the world becomes familiarized with bitcoin, then it will be easier to use it as a currency where there will be more merchants to accept it in every part of the world.
I'm using it for both things too. And I don't get it why there are people that are keep on saying opposite things about bitcoin now.
They keep on telling the opposite situation and success of bitcoin right now and for the past years.
And I'm glad that I'm experiencing the features of bitcoin and keep on using it as a currency for real like paying bills.
It seems to me that bitcoin is an attempt to create currency to earnings and calculations on the Internet. Old people never see because they are far from the Internet. And the youth will support it only when the Internet will exist enough jobs with high enough wages in bitcoin. While it is not.
As far as I know, Bitcoin is created to get away from the grasp of financial institution. The reason of it being decentralized and not ruled by any country. And I think it is the young adult to middle aged people that are the first one to adopt Bitcoin. But I think the core team were at middle adult range. So basically old people are the first one to know Bitcoin. Never think that adult people does not know how to use an internet, remember internet is around for several decades now. They know how to use it before you do.
I use it both as currency and investment, but only for small transactions. Until such time that more people around the world becomes familiarized with bitcoin, then it will be easier to use it as a currency where there will be more merchants to accept it in every part of the world.
People knowing Bitcoin is just one aspect of the many. If you want to see people embrace Bitcoin as currency, you must realize that Bitcoin has to offer a better payment experience than what fiat is offering. Fiat expands its usability through all sorts of payment services, where these services allow people to enjoy all sorts of privileges (e.g. insurance on everything you buy, charge backs, etc). Bitcoin must perform significantly better (in currency aspect) will people ever want to prefer Bitcoin over the fiat related services they make use of.
Unfortunately, bitcoin now is a currency the same as dollar, euro and other fiat money. A lot of countries dont even have there own digital version of currencies and that's why people are so disapointed with bitcoin and they think it's not more then a digital code, but if look right now how much people can do with bitcoin for example pay for bills, purchase on internet, buy tickets . We can see that this digital currencies are more easier method of payment then fiat money, we can do more things with bitcoins, more faster and for less time
It seems to me that bitcoin is an attempt to create currency to earnings and calculations on the Internet. Old people never see because they are far from the Internet. And the youth will support it only when the Internet will exist enough jobs with high enough wages in bitcoin. While it is not.
and young people will grow old. then the next generation will continue. forever is the currency bitcoin. because bitcoin is created for it, as a cryptocurrency and can be used to buy a like currency 
I use it both as currency and investment, but only for small transactions. Until such time that more people around the world becomes familiarized with bitcoin, then it will be easier to use it as a currency where there will be more merchants to accept it in every part of the world.
Actually bitcoins is more than a currency ,Its has all over use within online transactions everyday bitcoin mainstream has begun we don't know how big companies to a research for improving and adopting bitcoins as their use . Perhaps bitcoins is more on medium of exchange now as many people make transactions everyday , Bitcoins has many aspects and it depends on how people use this .
Bitcoin doesn't become mainstream yet, but it has all chances to become. I think this year is going to be the best year in bitcoin's history, it will appear many places which will work with bitcoin directly and that will only increase it's popularity. Bitcoin is currency and that things that are going to happen with it this year only will concrete this status of bitcoin.
Actually bitcoins is more than a currency ,Its has all over use within online transactions everyday bitcoin mainstream has begun we don't know how big companies to a research for improving and adopting bitcoins as their use . Perhaps bitcoins is more on medium of exchange now as many people make transactions everyday , Bitcoins has many aspects and it depends on how people use this .
Well there are some people that try to buy and sell it to make money, which helps the Bitcoin economy. Then at the same time there are other using it as a currency, buying and selling goods and services, which also helps the Bitcoin economy. In the end I think it's all great and helps all of us grow!
Bitcoin for me is considered as currencie, asset and a payment processor all at the same time, the only thing is that bitcoin is a digital currencie because countries afraid the power bitcoin can reach if they recognize it.
I think in fact you can buy stuff using bitcoin right ? and bitcoin itself has a lot of users and has a rate as real money in general. so I think bitcoin it is still currencyBitcoin currency performs some function, but officially it is not a currency. Just all we used to call him that. I am sure that Bitcoin is more than a currency and payment system
I am agree on it, mostly people not accept that bitcoin is a currency, because people are using bitcoin for gain profit. So i think it doesn't matter bitcoin is a currency or not, because bitcoin give us a easy way to make money.
but you can also use it as a currency, and you can make money with USD market too, never heard of forex man? bitcoin is no different, bitcoin is both like gold and like a currency, this is the beauty of bitcoin
Really the beauty of bitcoin.
I am agree on it, mostly people not accept that bitcoin is a currency, because people are using bitcoin for gain profit. So i think it doesn't matter bitcoin is a currency or not, because bitcoin give us a easy way to make money.
but you can also use it as a currency, and you can make money with USD market too, never heard of forex man? bitcoin is no different, bitcoin is both like gold and like a currency, this is the beauty of bitcoin
It seems to me that bitcoin is an attempt to create currency to earnings and calculations on the Internet. Old people never see because they are far from the Internet. And the youth will support it only when the Internet will exist enough jobs with high enough wages in bitcoin. While it is not.
Don't get confuse with this type of FUD people. We really can't stop those people that are spreading lies and bad news about bitcoin. But as we can see now, this no longer a currency is worth $1,200 yeah it's no longer currency. Always bear in your minds that bitcoin will always remain to be a currency and the most in demand and number one crypto.
It is a really old article he is referring to so expect the unexpected 
. I would accept the fact that bitcoin might be used solely as a currency but it can be considered as a virtual commodity and that is the truth. People who wanted to see it as currency they can do that and those who view it as a commodity it is also true.
I am agree on it, mostly people not accept that bitcoin is a currency, because people are using bitcoin for gain profit. So i think it doesn't matter bitcoin is a currency or not, because bitcoin give us a easy way to make money.
but you can also use it as a currency, and you can make money with USD market too, never heard of forex man? bitcoin is no different, bitcoin is both like gold and like a currency, this is the beauty of bitcoin
Afaik we can say bitcoin is in both worlds of being a currency and stock
which could be seen from most bitcoin traders that treat it as stock literally and the rest using it as fiat( a currency ).
which could be seen from most bitcoin traders that treat it as stock literally and the rest using it as fiat( a currency ).
I couldn't agree more, Bitcoin is actually listed by the CFTC-commodities futures trading commission as a commodity hence it shows character traits of both currency and a commodity. People need to come to terms with this because it's a currency and a commodity at the same time.
It is not a currency in legal terms but for us we always consider this as one and we even call it an internet money.
I am agree on it, mostly people not accept that bitcoin is a currency, because people are using bitcoin for gain profit. So i think it doesn't matter bitcoin is a currency or not, because bitcoin give us a easy way to make money.
I can not call this method is very easy. The wealth extracted hard work.
But I believe in Bitcoin. And I'm sure that it will last long. At least 100 years
Don't get confuse with this type of FUD people. We really can't stop those people that are spreading lies and bad news about bitcoin. But as we can see now, this no longer a currency is worth $1,200 yeah it's no longer currency. Always bear in your minds that bitcoin will always remain to be a currency and the most in demand and number one crypto.
I think it's just people who hate speech bitcoin. because in fact you can see the current bitcoin highly valued and can be used for the payment method? so it is very clear that bitcoin is the currencyProbably they actually hated bitcoin because they are seeing it to keep on growing. We can't blame those people if they are doing this in return of their frustration, anger and jealousy with bitcoin. But always remember that bitcoin always be a currency, a crpyto currency and it's spot will always be on the top.
I am agree on it, mostly people not accept that bitcoin is a currency, because people are using bitcoin for gain profit. So i think it doesn't matter bitcoin is a currency or not, because bitcoin give us a easy way to make money.
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