The currency means if someone can exchange it and it should have value,I think the bitcoin satisfy this requirement so this can be called as a currency too.But until now the bitcoin acceptance as currency is vey rarw we are just using it for the trading of the rypto currencies soon might be the world will adopt to the system where bitcoin will be the main currency.
It is on the people how they are going to use bitcoin as a currency if people will gonna use this as such for the payment for their bills etc and will use to remit money to their loved ones then bitcoin will be considered as a currency but nowadays I think that many people are using this as a way of investment rather than currency. 
Topic: How does bitcoin become a currency? - page 7. (Read 2026 times)
pretty simple, after ico probably. Will you invest in ICO this summer guys? Have you heard about Kelvin Blockchain? I'm willing to invest into it, kindly waiting for your feedback.
The currency means if someone can exchange it and it should have value,I think the bitcoin satisfy this requirement so this can be called as a currency too.But until now the bitcoin acceptance as currency is vey rarw we are just using it for the trading of the rypto currencies soon might be the world will adopt to the system where bitcoin will be the main currency.
In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a "value".
In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
In my opinion fastest way to bitcoin to become a currency as well I would be able to become that in the developing countries all around the world, when it would be accepted on government or level to use bitcoin as a payment method. In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
i don't know the answer based on my understanding bitcoin become of digital currency because we cannot touch it but we can swap it in money using the blockchain and you can also use buy item's in the website using bitcoin but it depends if they want to use bitcoin it's look like money and took like a card.
In order for bitcoin to become a currency, there must be an acceptance of the bank's government and the protection of state law, and a mechanism for bitcoin to operate and develop as a currency.
I do not think that these requirements are necessary for bitcoin to become a currency. Bitcoin is created as an online currency and we are already using it as a currency for purchasing different things. I think that the most important is that bitcoin users should be increase so that they can give more support to bitcoin.
Bitcoin can use as payment of online market. The process of transaction is being done using BTC. It also has value for different prices.
So, I would say that Bitcoin is a currency.
So, I would say that Bitcoin is a currency.
Bitcoin is as of now a money, it doesn't have to end up one. You can purchase and offer things with bitcoin and that is the thing that a money is for. Albeit now I think individuals utilize bitcoin as a greater amount of a venture than as a money however that does not imply that bitcoin has quit being a cash.
I think bitcoin has failed with its main vision to be the world's currency, just imagine where maybe 21.000.000 bitcoin is shared for the whole world.
but now bitcoin has been a successful investment tool, and I think it goes beyond the previous bitcoin goals.
but now bitcoin has been a successful investment tool, and I think it goes beyond the previous bitcoin goals.
In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a "value".
In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
This is not a question and Bitcoin is not a real currency, it is just for making payments peer-to-peer. If you read about it you must have known that it was made for the purpose of sending and receiving money online. So anyone that defines it in a way different from that is telling you lies. In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
Although really changed due to the value of Bitcoin that kept increasing due to demands for it, and now most people come with the purpose of HODL till the price goes up so they can make profit.
In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a ""value"".
In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
In my opinion the first step to bitcoin to became a Hershey is to became an alternative payment method because in my opinion also none of the countries would allow bitcoin to became a main one from the beginning. In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
In order for bitcoin to become a currency, there must be an acceptance of the bank's government and the protection of state law, and a mechanism for bitcoin to operate and develop as a currency.
Perhaps the role of government is in need to make bitcoin can be made as currency in the future because to the automatic inauguration of the residents do not become afraid when investing and make bitcoin as a means of payment of various online businesses.
In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a "value".
In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
Ok, at first bitcoin is valuable because the technology ledger that is very effective and efficient to become a means of payment (transaction), then demand on bitcoin is increasing from year to year, as market demand rises then the value also rises, in fact it is as you say in the beginning , but if we look at the fact now that bitcoin is not desirable for payments because of the high fees and now bitcoins into assets that make the value there. In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
bitcoin should be more stable. although not worth the investment, bitcoin has to play a major role in inflation and deflation that has a major impact on economic growth.
In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a "value".
In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
Bitcoins is not a currency before but as the time goes by there are a lot of people who are using bitcoins in their daily needs and there are also online stores who are accepting cryptocurrency then eventually bitcoins has been recognized as a currency.
The majority of stores have to start accepting it. And people have to start using it as a payment. Like the guy who bought two pies of pizza's for 10,000 Bitcoins. 
Bitcoin is already a currency, it does not need to become one. You can buy and sell things with bitcoin and that is what a currency is for. Although now I think people use bitcoin as more of an investment than as a currency but that does not mean that bitcoin has stopped being a currency.
Yes, you are right because nowadays you can buy some stuff using bitcoin or any crypto currency , but i think the OP want to say is how bitcoin become a fiat currency. Anyways, bitcoin is a digital currency that we can use to store, transact, exchange and pay, etc.
In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a "value".
In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
I think bitcoin is not a currency yet and moreover bitcoin is still in lot of controversy because of its investment use only so the journey is quite very very difficult in becoming a currency, we all know that bitcoin is very very profitable in terms of investment and no doubt bitcoin is inherently valuable as a means of payment and moreover in therms of investment but bitcoin will be declared as a currency only when it will get centralised and get legalised world wide globally. In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
Telling honestly I don't think that Bitcoin really become a currency in the nearest future. It became high liquid and rentable asset for golding but not currency because of high fees for transfer through blockchain and low speed of transfer.
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