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Topic: Bitcoin is not money - page 10. (Read 11621 times)

full member
Activity: 479
Merit: 105
May 20, 2019, 06:42:58 PM
#15
So, what's money in your opinion?

Because it's just paper and coins for me  Grin Grin Grin
Bitcoin is a form of money, just  digital and can use to purchase online. Though we cant see it and never touch by a bear hand, you cannot say it is not money. Bitcoin works like a real money. You earn it, invest it to grow, and spend it.
sr. member
Activity: 1484
Merit: 276
May 20, 2019, 06:30:19 PM
#14
I dont even treat even fiat as a money,thats just a fake paper printed by the government which is being use to manipulate us.Bitcoin is more of like a gold.Good for investment but not even a  money.People have different mind set for money
hero member
Activity: 3038
Merit: 634
May 20, 2019, 06:22:45 PM
#13
Money, cash, fiat can be used to purchase/exchange with everything that you want.

Bitcoin can be used like that, so what does money means to you?

And people start buying it now with their 'real money' to get another money (bitcoin). As you mentioned artwork, well a great piece of artwork is lucrative if it came from a famous art maker. Same goes for bitcoin if you want to sell it at current price. I can't get what you are trying to point out with your post.
sr. member
Activity: 1176
Merit: 301
May 20, 2019, 06:15:36 PM
#12
We all have different opinion about Bitcoin.
And I really like yours it is a good one since artist spend so much money to buy a good arts.
And Satoshi's work would be the most expensive of all crypto's because it was the first and most rare of them all.
jr. member
Activity: 119
Merit: 6
Hello =)
May 20, 2019, 06:08:55 PM
#11
More than that actually. If you divide each Bitcoin up into a Satoshi you have 100,000,000 Satoshi in one Bitcoin.
hero member
Activity: 1484
Merit: 535
May 20, 2019, 06:04:03 PM
#10
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)

First and foremost, I don't think you really understand what the true definition of money means. Bitcoin is a financial tool which operates  and function similarly like money. Money in my opinion is anything that can be used to exchange for goods and services which is also recognized by a large group of people and the entire world.  I think you should rethink your opinion about bitcoin and spend some time to research and understand what Bitcoin actually means.
sr. member
Activity: 1428
Merit: 250
May 20, 2019, 05:49:22 PM
#9
I don't understand what did you want to say! but bitcoin is money, absolutely money! but it's different then other regular paper money, it's digital decentralised money and now it's used by several countries beside other regular paper money! and I think bitcoin going more popular day by day!
jr. member
Activity: 294
Merit: 1
Files.fm - Store, Share and Sell Files
May 20, 2019, 05:29:18 PM
#8
For me bitcoin is an extraordinary digital asset for the future. Since I first became acquainted with bitcoin and cryptocurrency, it has benefited me a lot. Bitcoin is very popular and has many fans spread in almost all countries. I hope Bitcoin will continue to grow well and be more beneficial for us all. Thank you satoshi nakamoto and bitcoin.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
May 20, 2019, 12:52:44 PM
#7
If Bitcoin is just artwork, it shouldn't have multiple functions. Bitcoin is digital money that we couldn't hold physically but we can use it as an investment and a mode of payment so it's really multifunctional. I guess you still need to know how bitcoin works so you will be able to recognize that it's a currency and money.
legendary
Activity: 3010
Merit: 8114
May 20, 2019, 12:26:39 PM
#6
Bitcoin and dollars are intrinsically worthless both are fiat currencies. The co-existence of two fiat currencies and its analysis is nothing new.

This account and OP were both registered less than an hour ago. Beginning some low level, cryptic (no pun intended) FUD campaign. You're supposed to read these posts and think "gee whizz, maybe bitcoin ain't so hot after all. Better invest in some shitcoin fork instead."
newbie
Activity: 8
Merit: 0
May 20, 2019, 12:05:42 PM
#5
Bitcoin and dollars are intrinsically worthless both are fiat currencies. The co-existence of two fiat currencies and its analysis is nothing new.
full member
Activity: 980
Merit: 114
May 20, 2019, 12:00:58 PM
#4
From your write up you ended up pointing out the currency in bitcoin, you said bitcoin is an artwork limit in 21 million and measure in 100,000,000 santoshi what is this your so called artwork use for does it just exist on a computer or use for purchasing goods and services with a tradable value on the exchange?
legendary
Activity: 2366
Merit: 1403
May 20, 2019, 11:46:26 AM
#3
So, what's money in your opinion?

Because it's just paper and coins for me  Grin Grin Grin
legendary
Activity: 2030
Merit: 1568
CLEAN non GPL infringing code made in Rust lang
May 20, 2019, 11:32:40 AM
#2
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)

Semantics... We are using "real" money to purchase chains of numbers. Its Math! (Or is Art Math? Math is Art?)
newbie
Activity: 2
Merit: 0
May 20, 2019, 11:29:21 AM
#1
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)
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