Topic: Is Bitcoin money? - page 102. (Read 112169 times)
Bitcoin is 'other money'. I can shop online using bitcoin. I no longer need use credit card to shop. Only invested 1btc a few years ago, until now i have enjoyed profit more than $ 3k from trading, and amount of bitcoin i have remains intact thats 1btc.
I believe that the statement: "bitcoin is new kind of money" passes the duck test.
Bitcoins function as money (they're a unit of account, a medium of exchange, and a store of value), and if PayPal started allowing Bitcoin transactions tomorrow I'm certain they'd treat them as Just Another Currency.
If you like, call it a commodity, but I think all you'll accomplish is confusing potential users who might think they'll end up getting pork-bellies delivered to their porch if they don't get rid of their bitcoins.
I also do believe on the statement that bitcoin is a new kind of money. Technically Bitcoin is a money in the case that is does have price and value. And the value of Bitcoin is can be used in transaction with the used of wallets. So it a new kind of transaction where it is fast, easy and reliable. And it has many aspect in terms of development on its transaction, price and security. Some can say that is the future money where it may be the one of the universal currency that can be done all over the world like fiat. Bitcoins function as money (they're a unit of account, a medium of exchange, and a store of value), and if PayPal started allowing Bitcoin transactions tomorrow I'm certain they'd treat them as Just Another Currency.
If you like, call it a commodity, but I think all you'll accomplish is confusing potential users who might think they'll end up getting pork-bellies delivered to their porch if they don't get rid of their bitcoins.
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 agree with you, Bitcoin is just money for me, I use Bitcoin t pay fr my daily life so that Bitcoin is money, no more, no less 
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)
In my opinion, Bitcoin is not also money but a way to store money value as well, you can use your Bitcoin in your own way
I think so, Bitcoin is much more than money because you can hold Bitcoin as a way to invest your money like Gold
If you could buy things, pay your bills or load you prepaid phone then I don't see why bitcoin is not considered as money.
I don't see why it's not money, even though it doesn't exist in paperform, you can store it physically on a usb stick, hard drive or even on a piece of paper. In the future the normal paper money we know today will probably go away.
In my opinion, Bitcoin is not also money but a way to store money value as well, you can use your Bitcoin in your own way
but to me bitcoin is really money, because he have the ability to use bitcoin for online shops without changing it in to any other currency. while in some area now it can also be use in local shops and even there you do not need to use change it in to any other local currency. 
In my opinion, Bitcoin is not also money but a way to store money value as well, you can use your Bitcoin in your own way
I think so, Bitcoin is much more than money because you can hold Bitcoin as a way to invest your money like Gold
I consider it (BTC) as both a virtual currency and a regular money, it even can be considered a stored item considering the holding attitude some bitcoiner's use.
the basic thing about money is the fact it can be used to buy things, that can be used with bitcoins and hence you can not look at it as anything other than a coin.
the basic thing about money is the fact it can be used to buy things, that can be used with bitcoins and hence you can not look at it as anything other than a coin.
In my humble opinion, Yes, this is money of a new generation and like the development of currency generally. Of course, they will not become the main single currency in all countries soon or maybe ever, but it will become an additional coin that will serve as a bridge between all coins IMO.
In my opinion, Bitcoin is not also money but a way to store money value as well, you can use your Bitcoin in your own way
I think so, Bitcoin is much more than money because you can hold Bitcoin as a way to invest your money like Gold
In my opinion, Bitcoin is not also money but a way to store money value as well, you can use your Bitcoin in your own way
That would be based on your definition of money, mine is everything that can be used directly to buy goods and services and since gold, for example, can't be used then I don't consider it a currency but a commodity.
But BTC can easily be used directly to buy a wide variety of items and hence a currency, not a global one, since you can't use it everywhere but it still has a market accepting it directly.
But BTC can easily be used directly to buy a wide variety of items and hence a currency, not a global one, since you can't use it everywhere but it still has a market accepting it directly.
I consider BITCOIN is the virtual currency has more in common with paypal than with with dollars or with gold.
I will not call it money until it is widely accepted in my country as payment of goods and services.
I will not call it money until it is widely accepted in my country as payment of goods and services.
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Although bitcoin is not considered to be the currency of any country. But we can trade, pay, exchange bitcoin. That is also the form of currency. Bitcoin is not a conventional form of money, it is a basic virtual money, you can use it as like as money, but not every country haven't approved it as a legal currency. in recent months many countries have started talking about it in order to allow as a legal currency...
Bitcoin is money , i can pay my bills my tuition fee and everything thru bitcoin. And it can also provide my needs. I consider it a money because it has a value and my country currently accepted it as a cryptocurrency. Im lucky with bitcoin.
If bitcoin is used to buy and sell goods of course bitcoin can be said to be money, but in fact bitcoin serve as an investment instrument to get rich, very few people use bitcoin to sell and buy goods, most bitcoin only in exchangers for trading and gambling Of course
It should be treated as money but due to volatility nobody wants to risk all payment with BTC.
The volatility of bitcoin will be reduced by huge mass adoption, bitcoin is getting more popular in asia because it such as innovation of money form and good investment. The volatility of bitcoin was attracts the attention of the trader. and the moment they will understand it they will eventually adopt. We are looking for more or massive adoption
as that is the only way to see a value appreciation.
It should be treated as money but due to volatility nobody wants to risk all payment with BTC.
The volatility of bitcoin will be reduced by huge mass adoption, bitcoin is getting more popular in asia because it such as innovation of money form and good investment. The volatility of bitcoin was attracts the attention of the trader. Jump to: