Topic: Btc not money - page 6. (Read 1320 times)
Bitcoin have got multiple usage. One among them is the usage as money. Just there happens a transfer of value, people find it to be money. Different people have got difference of opinion. OP have a different way of thinking and understanding about bitcoin. It have evolved from a valueless token to a valuable coin.
Btc is not money
Crypto is not money the money start with fiat currency.
Crypto is not money the money start with fiat currency.
The statement btc is not money is not right, so far as am concerning what ever that can be use to make payment or in any medium of exchange can be refer to as money, bt is a digital currency which is publicly accepted irrespective of government policy. they can't control it because its not physical cash, neither do they know any entity which is responsible. BTC is 100% money to me
bitcoin 2009-~2014 was considered as just a product/good in digital form.
much like trading call of duty assault rifles did not apply to the regulations of the ATF(alcohol, tobacco, firearms)
but in about 2014, many countries declared bitcoin a currency. and many people congratulated that as being a sign of mainstreaming bitcoin... the negative effect of this declaration is that currency rules then applied.
yep we are no longer in the era of 2009-14 where bitcoin was treated much like pokemon trading cards.
exchanges pre 2014 were treated not as MSB(money service businesses) but instead treated like trading card swap tools or auction houses.
much like trading call of duty assault rifles did not apply to the regulations of the ATF(alcohol, tobacco, firearms)
but in about 2014, many countries declared bitcoin a currency. and many people congratulated that as being a sign of mainstreaming bitcoin... the negative effect of this declaration is that currency rules then applied.
yep we are no longer in the era of 2009-14 where bitcoin was treated much like pokemon trading cards.
exchanges pre 2014 were treated not as MSB(money service businesses) but instead treated like trading card swap tools or auction houses.
According to the Bitcoin protocol, the establishment of this project was not to compensate for money in its current form, but rather, as Satoshi expressed it, it is an electronic cash system.
So It's not money ! Btc is not money.
It should take a long time for everybody to understand the combination in bitcoin. Bitcoin is a currency with all the characteristics of a currency and a way of payment at the same time. But it's not money in the way as we know it.
So It's not money ! Btc is not money.
It should take a long time for everybody to understand the combination in bitcoin. Bitcoin is a currency with all the characteristics of a currency and a way of payment at the same time. But it's not money in the way as we know it.
Trying to put all your points together, I just understand you are trying to talk about BTC Bitcoin as not being money.
First let's understand what money is, "A currency maintained by a state or other entity which can guarantee its value". Everyone who is using money understands that it is a hard cash or could be call bank notes.
Talking about Bitcoin not being money, am on the opinion that everyone who owns Bitcoin or decides to invest in Bitcoin is already awear that Bitcoin is not bank notes called money.
Someone said that Bitcoin was designed as a means of transferring digital cash in a decentralized manner.
Having $50 in your wallet is already a fiat crypto, is either you are converting to hard currency (bank notes) or converting to a Decentralised asset like Bitcoin.
First let's understand what money is, "A currency maintained by a state or other entity which can guarantee its value". Everyone who is using money understands that it is a hard cash or could be call bank notes.
Talking about Bitcoin not being money, am on the opinion that everyone who owns Bitcoin or decides to invest in Bitcoin is already awear that Bitcoin is not bank notes called money.
Someone said that Bitcoin was designed as a means of transferring digital cash in a decentralized manner.
Having $50 in your wallet is already a fiat crypto, is either you are converting to hard currency (bank notes) or converting to a Decentralised asset like Bitcoin.
Yes, Bitcoin is a digital asset just like a comment, domain name, picture, etc.
It's just code or encrypted text. What you pay to own a piece of the blockchain is pure speculation.
It's just code or encrypted text. What you pay to own a piece of the blockchain is pure speculation.
Btc is not money stop following your country rules and regulations u cant regulate something what doesnt exist.
Btc are digital the money is only when you sell or buy if fiat transactions involved then we talk about this fiat transactions and its no matter for what those transactions was.
Btc is just in the computer some digits and its not money neither stable coins not money.
Crypto is not money the money start with fiat currency.
If you have crypto 50$ and give to someone then he give u fiat then if its conducted by bank transaction then there is no need to mention even crypto becouse it could be same as you give someone money or you receive.
Yes there is some rules and regulations but its all nonsense.
Btc and crypto not MONEY its a private thing and everybody should deal with crypto same as they go to toilet nobody dont talk loud what they do in toilet so you should t share info of ur crypto either becouse its even dont existing in real life nowhere.
Yes there is laws and regulations but its all nonsense bs yes you have to follow this just keep your mind its all bs
Btc are digital the money is only when you sell or buy if fiat transactions involved then we talk about this fiat transactions and its no matter for what those transactions was.
Btc is just in the computer some digits and its not money neither stable coins not money.
Crypto is not money the money start with fiat currency.
If you have crypto 50$ and give to someone then he give u fiat then if its conducted by bank transaction then there is no need to mention even crypto becouse it could be same as you give someone money or you receive.
Yes there is some rules and regulations but its all nonsense.
Btc and crypto not MONEY its a private thing and everybody should deal with crypto same as they go to toilet nobody dont talk loud what they do in toilet so you should t share info of ur crypto either becouse its even dont existing in real life nowhere.
Yes there is laws and regulations but its all nonsense bs yes you have to follow this just keep your mind its all bs
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