Topic: Bitcoin is not money (Read 11621 times)
I think bitcoin is not a work of art as you say, bitcoin is a currency that has been widely developed and has many functions. if you consider bitcoin is a work of art you must learn bitcoin more deeply and understand the purpose of making bitcoin.
Bitcoin is not money.
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
We all know that since from the start. Bitcoin is a digital currency that uses to pay, send or receive btc in a peer to peer system. Bitcoin is not a money because fiat is a tangible thing used in order to pay also. They have the same uses but they are different in forms. Because bitcoin is a new brand of currency that performs by Internet. It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
Some people saying bitcoin isn't a money specially people the against in bitcoin, some people say bitcoin is the new kind of money use in future to replace fiat.
Meaning people need to educate well the importance of bitcoin as new future world currency to make all easy way using new technology.
For me bitcoin is money because I can use to pay my bill using online and I can use it to buy food converting into local feat.
Meaning people need to educate well the importance of bitcoin as new future world currency to make all easy way using new technology.
For me bitcoin is money because I can use to pay my bill using online and I can use it to buy food converting into local feat.
Fiat is also just a piece of paper and because paper recognition has value, and I think it's the same as bitcoin because bitcoin has value then bitcoin can also be used as a payment method.
Lets just say bitcoin is not a money, but everyone used it to make money lol!. Bitcoin is a very useful tool with a lot of functions that can give you a lot of benefits that makes you rich in short "bitcoin is money".
Bitcoin is not money.
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
That is how I see it. Bitcoin is not money. It is rather an asset like gold, silver, diamond and other precious mineral. We buy and hold it. We sell it when the price goes up. Aside this, I have not seen any other case use of bitcoin.
Bitcoin is not money.
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
I don't know how you treated with Bitcoin. It's a virtual currency that means digital money and we are using that almost too many sectors. I can't compared both of virtual money and Physical currency and crypto never replace FIAT money.It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
Heh, money is not money. That's just an idea of exchanging something for something. Bitcoin does the same. It offers technological numbers for counting.
Bitcoin is not money.
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
Bitcoin and other cryptocurrency is a solid means of exchange. It has many advantages over classic money, but also has its drawbacks. The fact is that it is a valid, fast, cheap and powerful new means of exchange.
Bitcoin is not money.
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
Maybe it is not real money but you can use currencies to get real money, or you can buy products through digital currencies in some countries It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
It is true that bit coins do not make money. But we can measure it in money. It is a digital currency. So it can not be compared to what is less than money, because it has started giving world-wide recognition as a means of exchange.
Bitcoin is not money.
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
If that's how you describe bitcoin, then how would you describe dollars and other fiat currencies? According to you, those are also some artwork sketch of George Washington, Benjamin Franklin, Abraham Lincoln and other presidents. It is just that those paper notes are not limited edition and unlimited amount of those notes can be printed It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
. And don't you think limited editions are better than just the regular?
Bitcoin is not money.
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
If that's how you describe bitcoin, then how would you describe dollars and other fiat currencies? According to you, those are also some artwork sketch of George Washington, Benjamin Franklin, Abraham Lincoln and other presidents. It is just that those paper notes are not limited edition and unlimited amount of those notes can be printed It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
. And don't you think limited editions are better than just the regular? Bitcoin is not money. it is a digital currency for the internet.
It's used like cash by millions of people and machines around the world.
Bitcoin is used in business, online shopping, and others.
It's used like cash by millions of people and machines around the world.
Bitcoin is used in business, online shopping, and others.
Can you define the difference detween money and currency?
They have the same use. Cash is money and you say that bitcoin is used just like cash so what it the difference between them?
Bitcoin is not money. it is a digital currency for the internet.
It's used like cash by millions of people and machines around the world.
Bitcoin is used in business, online shopping, and others.
Can you differentiate between money and currency? it's the same thing as far as I know. It's used like cash by millions of people and machines around the world.
Bitcoin is used in business, online shopping, and others.
The money has a function to make a payment system yet for the currency is used for payment system also.
Bitcoin is not money.
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
Fine, Bitcoin is not money. But you have also explain about it what it is Actually. We can call it is Digital Money. And its total number are 21,000,000 and in every coin has 100,000,000 pieces, and we call it Satoshi. Whenever we need money from bitcoin then we convert it into dollar and use it, Now you can't say that Dollar it not Money.
As long as I can use Bitcoin for paying, I am fine with that. And that is possible with a lot of products, even ones where you do not think that it's possible. 
Bitcoin is almost the same function of digital money, but it is different from paper money that can be held in hand, just as gold is not money. But you can easily exchange all three. to be used as shopping or paying to make things more comfortable.
Bitcoin is not money. it is a digital currency for the internet.
It's used like cash by millions of people and machines around the world.
Bitcoin is used in business, online shopping, and others.
It's used like cash by millions of people and machines around the world.
Bitcoin is used in business, online shopping, and others.
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If you ask central bank in my country, Croatia, they will tell you that bitcoin is not money or financial assets.
They issued public statement about it last year.
It seems that we need new definition here: What is money and can we already talk about different kinds of money and financial assets?
I think this is a good question for economist experts.
for me, I think money will be anything the majority around the world will be willing to accept in exchange for something, money can be anything a group of individuals decides to call money, bitcoin is money because it's already been accepted in exchange for various things around the world. They issued public statement about it last year.
It seems that we need new definition here: What is money and can we already talk about different kinds of money and financial assets?
I think this is a good question for economist experts.
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