Topic: Bitcoin is not a currency? - page 9. (Read 1973 times)
The oracle of Omaha is entitled to his opinion and i am not in anyway contesting his remark, but every wise and digitally informed fellow will know that there is much to be gained in investing in the crypto world
Why they use bitcoin as a payment if it is not a currency? Bitcoin is a currency or shall we say, bitcoin is morethan a currency. Bitcoin is a digital curenccy, bitcoin is also an investment. Why we should say bitcoin is a currency, because we use it as a payment system. We use bitcoin for paying bills, use in merchant transaction, and also in remittance centers. Bitcoin is a universal curenccy, because it is decentralized and used it all over the world.
Bitcoin is not a currency but an electronic asset. It is the first cryptocurrency started to the year 2009. Bitcoin has some positive features because of that it has popularized widely in the public.More people are attracted to it and has acquired the investors confidence .its market capital is very huge sum and the volume of daily traded value also very high .Bitcoin is useful for shopping things world wide.Very shortly it will become a global currency
After several years have passed, rather than as a means of payment, bitcoin is more effective to serve as an asset. The prices are volatile and tend to rise very effectively for long-term investments. High transaction fee, making bitcoin is not effective for micropayment.
bitcoin is a cryptocurrency its same like debit or credit card
Bitcoin is digital currency. So it any where to use the bitcoin. It not other currency. Bitcoin price is any time to change and any where to use. It change the people life and people learn more information from bitcoin. Time is important for this process. So people save the bitcoin and invest long time. bitcoin helpful for your future. It good opportunity for improve you knowledge. It connect the other country people. So you get more information.
I found a video on YouTube https://youtu.be/qTxPfxmkLIY that according to this man (Warren Buffett) said "Bitcoin doesn't meet the definition of a currency" and he said that "he would not be surprised if bitcoin is not around in 10 or 20 years".
Is he a hater of bitcoin? while other big names appreciate the bitcoin.
Your thoughts?
Some people said a few years ago that bitcoin would soon die, but it still lives. So we don't have to pay attention to what these people say, we should stick to our point of view, and don't give up your opinion because people don't agree with you. Is he a hater of bitcoin? while other big names appreciate the bitcoin.
Your thoughts?
Bitcoin is not a currency but an electronic asset. It is the first cryptocurrency started to the year 2009. Bitcoin has some positive features because of that it has popularized widely in the public.More people are attracted to it and has acquired the investors confidence .its market capital is very huge sum and the volume of daily traded value also very high .Bitcoin is useful for shopping things world wide.Very shortly it will become a global currency
Don worry he is just an old man with no knowledge of technology. He is surely regretting his decision to not be invested in the crypto markets and its good as he is leaving the rest of us to become rich. While he will be buying our coins in the future once we hit a nice price level.
Bitcoin is NOT a currency, it is an empty numerical value. Currency is a legally binding instrument that preserves and protects the ownership rights, while numerical values on paper bills or on banks' computers are just mathematical objects that measure the size of these rights. Here is more detailed explanation: https://cryptofraud.wordpress.com/
Whether bitcoin is a currency or not depends on two people and that is the consumer who is willing to use it to pay for goods and services and the producer who is also willing to accept it as a method of payment.
I think the difference between currency and crypto is currency has the value and actual visualization while crypto also has value and but without real visualization. But still the value is indicated, bitcoin is the currency. Bitcoin is the currency, cryptocurrency is only in the computer and can be transacted in the digital world
For now it's definitely not and even the G20 don't considered it as the currency as it does not provide the 3 basis noms that current have....but I don't think it will last longer...technology need to be accepted sooner or later ....it just a matter of time...people and government will understand it's hidden potential and may be some day they will change there mind...It's just wait and watch polocies
I found a video on YouTube https://youtu.be/qTxPfxmkLIY that according to this man (Warren Buffett) said "Bitcoin doesn't meet the definition of a currency" and he said that "he would not be surprised if bitcoin is not around in 10 or 20 years".
Is he a hater of bitcoin? while other big names appreciate the bitcoin.
Your thoughts?
Is he a hater of bitcoin? while other big names appreciate the bitcoin.
Your thoughts?
May be he was or may be he had been in trouble with bitcoin or something like that that is why he says something like that. Well, for argument from common consent mostly people believes that bitcoin is a currency while him isn't so, my assumption are something like that.
Well actually bitcoin is not a full pledged currency. When we speak of a currency it does not only have a value but it has a purchasing power and is a form of pf payment in exchange for goods and services. But bitcoin has not qualify with those qualities since there are only few merchants all over the world that accepts bitcoin as mode of payment. But even though only a little accepts bitcoin as a medium of exchange it makes bitcoin a currency but only partially.
I found a video on YouTube https://youtu.be/qTxPfxmkLIY that according to this man (Warren Buffett) said "Bitcoin doesn't meet the definition of a currency" and he said that "he would not be surprised if bitcoin is not around in 10 or 20 years".
Is he a hater of bitcoin? while other big names appreciate the bitcoin.
Your thoughts?
Is he a hater of bitcoin? while other big names appreciate the bitcoin.
Your thoughts?
May be he was or may be he had been in trouble with bitcoin or something like that that is why he says something like that. Well, for argument from common consent mostly people believes that bitcoin is a currency while him isn't so, my assumption are something like that.
depending on our opinion, bitcoin digital currency. but it is not yet officially a daily currency. because with bitcoin we can spend and invest. and the selling price is high
Maybe you are less learn about bitcoin. We have different perception towards to this currency, some of them dislike bitcoin and wants to expressed their thoughts and ideas to inform people based on what they feel, on the other side some of them support bitcoin cause they know this currency much, they have knowledge and became part with their life.
This is a subjective argument. But according to me its a kind of currency. Cause you can buy something with btc. It's usage is simular with simular currencies.
Bitcoin is a digital currency and i think it is also a currency same as fiat money.
It is not too far to compare bitcoin to any other fiat money because some benefits of it is almost alike of fiat.
You can buy some stuff use in payments and other expenditure.
It is not too far to compare bitcoin to any other fiat money because some benefits of it is almost alike of fiat.
You can buy some stuff use in payments and other expenditure.
Money is a legal coin recognized by a country. Bitcoin is now a game currency. It is because it has so many features that it attracts so many people. Unless the relevant country recognizes its position.
Bitcoin is not a currency. Well at least not officially. It cannot be as it's current form now as it so volatile that it wouldn't be able to fulfill transactions. Yet the concept of crypto is very useful as money is going digital now and we need to protect it.
Bitcoin is a worldwide crypto and digital payment system that is also known as the first decentralized digital currency because it is supported by its users without central authority or intermediaries. From the user's perspective 
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