I don't exactly understand what's the fuss about bitcoin as money or not.
If you are using it to buy something, then perhaps that already settles everything. Well, it is not in actual coin or banknote because it is made and agreed to be so. But, just the same, we all agreed to assign value to it and agreed furthermore that we can use it for commerce. However, as it is made digital, it is generally a digital money. But it doesn't remove the fact that is money, a new kind of money in this age of internet.
Topic: Is Bitcoin money? - page 101. (Read 112169 times)
Bitcoin as a currency, is accepted and identified as such even by various countries in the world, you can consider it money IMO to a very big level, if you deny it as actual money then the very meaning of money would need to be addressed, as this currency/coin is exchangeable and can be used to purchase things and other currencies, Even thought investors treat it as a commodity, it still fits as a currency.
i do not know why some people do not consider bitcoin as money. to me bitcoin is money and we can use it for online as well as for offline purpose also. because in some places there are already some shops who are accepting bitcoin for shopping, and even some counties have already consider bitcoin as legal currency and still counties are going to accept it, and hope that then the number of shops who are accepting bitcoins will increase more and more. Yes, I wonder why too
why they do not accept bitcoin as money. For me I consider it as money and aince it is called as currency it meant to be a money nothing else also it is called as coin so what is a coin it is a money. Bitcoin can be trade and be use to buy something online and offline. Also can be use to convert to fiat or local money. I guess they were just confused of how things work in bitcoin that is why they do not consider it as money at all.
Bitcoin is money.
Bitcoin as a currency, is accepted and identified as such even by various countries in the world, you can consider it money IMO to a very big level, if you deny it as actual money then the very meaning of money would need to be addressed, as this currency/coin is exchangeable and can be used to purchase things and other currencies, Even thought investors treat it as a commodity, it still fits as a currency.
i do not know why some people do not consider bitcoin as money. to me bitcoin is money and we can use it for online as well as for offline purpose also. because in some places there are already some shops who are accepting bitcoin for shopping, and even some counties have already consider bitcoin as legal currency and still counties are going to accept it, and hope that then the number of shops who are accepting bitcoins will increase more and more. 
Bitcoin as a currency, is accepted and identified as such even by various countries in the world, you can consider it money IMO to a very big level, if you deny it as actual money then the very meaning of money would need to be addressed, as this currency/coin is exchangeable and can be used to purchase things and other currencies, Even thought investors treat it as a commodity, it still fits as a currency.
i do not know why some people do not consider bitcoin as money. to me bitcoin is money and we can use it for online as well as for offline purpose also. because in some places there are already some shops who are accepting bitcoin for shopping, and even some counties have already consider bitcoin as legal currency and still counties are going to accept it, and hope that then the number of shops who are accepting bitcoins will increase more and more. 
Definitely yes! Why there is so much doubt and confusion about it? Bitcoin is a form of currency, just like the United States Dollar or the Great Britain Pound. Just because it doesn't exist in the form of banknotes and coins, you can't say that it is not a form of currency. And it is an entirely different thing that it can be used as an investment as well.
I would call bitcoin both currency and payment system at the same time. But for many, bitcoin is just that kind of money. Or goods, assets, investment objects.
If we define money as a payment which use for goods and services, the answer is YES, Bitcoin is money, We can pay bitcoins and get whatever we want and also we can get paid with bitcoins. But we cannot neglect the differences of bitcoin and other cryptocurrencies with dollar, pounds ,etc.
The most important difference is its fluctuations. Because of this fluctuation, for me bitcoin is a commodity and also something we can invest in.
But I think a day bitcoin price will be very more stable and all people will use it. That day bitcoin will b money.
As a result for me bitcoin is future money that today is a source of income.
The most important difference is its fluctuations. Because of this fluctuation, for me bitcoin is a commodity and also something we can invest in.
But I think a day bitcoin price will be very more stable and all people will use it. That day bitcoin will b money.
As a result for me bitcoin is future money that today is a source of income.
Everything used as a means of exchange can be money. Mankind has used different clearing tools throughout history.
Bitcoin can be used as a exchange tool, such as gold and silver. People's demands determine the value of a exchange tool. it is not an actual paper or coin money which we usually pay on every transactions we do but it is also being used now on most transactions on the online market . Bitcoin is a valuable exchange tool
bitcoin can be used like paper money so I don't that there is any difference between bitcoin and real money as you can use it for online
Personally, I love the opportunities that bitcoin has given to every single person: you can just pay your friend through the web without any problem at all. I have had such a situation, where my friend from abroad have made me some kind of a graphics. Using bank transfer system would be annoying, and I have payed him almost instantly with bitcoin!
Personally, I love the opportunities that bitcoin has given to every single person: you can just pay your friend through the web without any problem at all. I have had such a situation, where my friend from abroad have made me some kind of a graphics. Using bank transfer system would be annoying, and I have payed him almost instantly with bitcoin!
Definitely yes! Why there is so much doubt and confusion about it? Bitcoin is a form of currency, just like the United States Dollar or the Great Britain Pound. Just because it doesn't exist in the form of banknotes and coins, you can't say that it is not a form of currency. And it is an entirely different thing that it can be used as an investment as well.
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Exactly! Bitcoin is money. It is what you use when you buy something, right? Just like a dollar bill, bitcoin is an invention we agreed to assign a specific value to in order to be used for purchasing. I would also claim bitcoin as a currency which is only applicable online. Bitcoin is a digital or virtual or online money or currency.
A commodity? Yes, it is also a commodity. It is something that has a specific value or use.
Bitcoin as a currency, is accepted and identified as such even by various countries in the world, you can consider it money IMO to a very big level, if you deny it as actual money then the very meaning of money would need to be addressed, as this currency/coin is exchangeable and can be used to purchase things and other currencies, Even thought investors treat it as a commodity, it still fits as a currency.
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Exactly! Bitcoin is money. It is what you use when you buy something, right? Just like a dollar bill, bitcoin is an invention we agreed to assign a specific value to in order to be used for purchasing. I would also claim bitcoin as a currency which is only applicable online. Bitcoin is a digital or virtual or online money or currency.
A commodity? Yes, it is also a commodity. It is something that has a specific value or use.
Of course it's money. It is used to pay for many goods. If we are being serious here, is paper money really money? Not really, it's just paper with ink on it.
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Exactly! Bitcoin is money. It is what you use when you buy something, right? Just like a dollar bill, bitcoin is an invention we agreed to assign a specific value to in order to be used for purchasing. I would also claim bitcoin as a currency which is only applicable online. Bitcoin is a digital or virtual or online money or currency.
A commodity? Yes, it is also a commodity. It is something that has a specific value or use.
For me I consider it as a money.Cause it has a Value it has somethiung to do if you buy using bitcoin.And anything that you exchanges with an Item it is a money even though it is not a mkoney cash,but surely you can use this in buying items
Bitcoin is money, mainly because it fits the description of something that can be exchanged for items and services and has an intrinsic value, it can't be used everywhere like the other currencies (Except USD and EUR) but is still a leading currency that can be exchanged to the rest, I see bitcoin as money.
Since I can convert my Btc Into real cash and then I can buy goods or services from those cash . I would say Its money as Money do have similar characteristics
I'll never tire of repeating that bitcoins are not for me personally money, but the goods through which I earn money. I would very much be sorry to give Bitcoin for some goods I buy it. I will save and buy Bitcoin, thus building up my reserves in cold storage and expecting the future, When it is possible to become a very wealthy person.
In my opinion, yes, but moreover, Bitcoin is much more bigger than money, you can store Bitcoin and wait for the price to rise up (like gold)
I do not know that why some people have doubt about that bitcoin is not money. I think there should not be any doubt about that bitcoin is money. because we can use bitcoin not only for online purposes and we even do not need to convert our bitcoin into local currency but we can also use it in local shops if we have the facilities like brazil where the shopkeepers are accepting bitcoin, there they also do not need to convert it in to local currency. Jump to: