Yes. Bitcoin is a money.
We all know that bitcoin is convertible to a fiat so there's no need to argu whether bitcoin is money or not. Bitcoin is valuable than any other currency making it more significant than money. We can have atleast convert bitcoin into fiat so that we could buy everything we wanted to have.
Topic: Is Bitcoin money? - page 105. (Read 112172 times)
Money performs many functions. They are used not only as payment. For ordinary people, they are considered only as payment. For the economy of the country - this is an important tool. Bitcoin does not have the functions of supporting the economy. Therefore, it can not be called full-fledged money in the sense that exists now
You are trying to add your own twist to what makes something money, for something to be considered money it needs to have several characteristics and bitcoin posses them all, there is no way around that bitcoin is money whether people like it or not.
Bitcoin is an asset currently though most of us wish it could function like "real" money. Once scaling solutions come online it could very well be classified like real money and that is also when the price is really going to lift off as more people see they can actually use it rather than just storing it.
bitcoin is money and not a commodity. for a generally accepted commodity is money.
my question what can money do that bitcoin can not do?
Other currency can tax, but Bitcoin (or Crypto) is notmy question what can money do that bitcoin can not do?
Other currency can management by a country, but Bitcoin can't do that
Other currency need more time and spend a hight fee when you send a huge money between countries, but Bitcoin and Crypto not need that, only spend a small fee to spend for miner and receive money with short time ...
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.
Bitcoin is electronic and digital money in online market that you use in different transaction like paying bills and many more. I guess some people use it in their business to gain much profit and I can say that the bitcoin is money.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.
Its an electronic and digital money yes but its not at all convenient to use for transactions and only a handful of people actually use it on a regular basis to pay for bills directly, most people still convert it first to fiat.
Money performs many functions. They are used not only as payment. For ordinary people, they are considered only as payment. For the economy of the country - this is an important tool. Bitcoin does not have the functions of supporting the economy. Therefore, it can not be called full-fledged money in the sense that exists now
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.
Bitcoin is electronic and digital money in online market that you use in different transaction like paying bills and many more. I guess some people use it in their business to gain much profit and I can say that the bitcoin is money.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.
Its an electronic and digital money yes but its not at all convenient to use for transactions and only a handful of people actually use it on a regular basis to pay for bills directly, most people still convert it first to fiat.
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.
Bitcoin is electronic and digital money in online market that you use in different transaction like paying bills and many more. I guess some people use it in their business to gain much profit and I can say that the bitcoin is money.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 know bitcoin as a currency, not a money, with the bitcoin's value and price, it is not just a fitting way to call it a digital money, it must be digital currency. Ang money is different from currency, money has a smaller value than currency.
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.
Bitcoin is electronic and digital money in online market that you use in different transaction like paying bills and many more. I guess some people use it in their business to gain much profit and I can say that the bitcoin is money.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 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.
Bitcoin is electronic and digital money in online market that you use in different transaction like paying bills and many more. I guess some people use it in their business to gain much profit and I can say that the bitcoin is money. 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.
well, bitcoins has lots of characteristics similar to money buy it is definitely not money. one of the characteristics that a money has and bitcoin doesn't is that it has a physical appearance. Bitcoin is not money but an online currency. it has some of the functions the same as money like it has value and transferable or remittable.
Wrong.
First of all, there are Bitcoin physical coins.
Second, nowadays most of money is transferred via online transactions. (Unfortunately) paper cash and physical coins are not so widely used nowadays.
Thus, if you consider popular fiat currencies like € or $, they are mainly send and received online. Just numbers that move from a computer to another one, basically.
I'd like to make a correction
Bitcoin physical coins are certainly not cash since they are more like hardware wallets since if you credit some coins to this wallet address, its balance will increase. Conversely, if you spend coins from this wallet, its balance will go down. And while we are at it, Bitcoin depositary receipts would legitimately count as Bitcoin cash. This is basically what money backed up by precious metals amounted to, e.g. genuine American dollars before the FED were exactly that since they had been fully redeemable for gold
Bitcoin better than money. I can use it to earn more bitcoin from trading or i exchange to fiat to add balance to my bank account.
I will not actually call it until it is widely accepted as payment. Bitcoin is a technology but many call it money, this technology is very ueful to transact even to some countries.
I'm new here so don't really know the opinion here about this, but as far as I understand a currency and a commodity, I would say bitcoin is currently mostly used as a commodity to take benefit from it's fluctuation and as storage (similar to gold), I don't think it's considered a currency with how it is used now.
Bitcoin is both, money and investment that's why bitcoin is unique like no others
When bitcoin occur, it's really help me a lot for my life and my school !
When bitcoin occur, it's really help me a lot for my life and my school !
Yes! 
bitcoin is a virtual money and its different from the actual that we're using in the real world.Bitcoin price is more valuable rather than fiat because as we can see right now bitcoin price is rising or extending upward exactly from its demand.
bitcoin is a virtual money and its different from the actual that we're using in the real world.Bitcoin price is more valuable rather than fiat because as we can see right now bitcoin price is rising or extending upward exactly from its demand.
Bitcoin may not be exactly termed or known as money,but it is a source of money,it is an intangible asset for any person but not a fictitious asset by any chance. It can be an important source of income for a person as it could help him in his difficult times,so bitcoin may not be technically termed as "money", but a virtual currency applicable for anyone.
Yes,i agree with you.Bitcoin may not be in the form of our money like peso or dollar,but it totally contributes to sustain our daily needs.It can be a source of income since it hepls us to have a healthy lifestyle or even a luxurious living.Therefore,bitcoin may be considered money as it vanishes poverty from all over the world. bitcoin is money and not a commodity. for a generally accepted commodity is money.
my question what can money do that bitcoin can not do?
Honestly, bitcoin is considered as a money but found only in network. It is called as crypto-currency. When using legal money, we can bought what we want in the marketplace in our country but bitcoin is not. And the advantage of bitcoin, we can earn profit just by holding it for a years because its price is moving fastly. In short, bitcoin is use for investing and trading. my question what can money do that bitcoin can not do?
bitcoin is money and not a commodity. for a generally accepted commodity is money.
my question what can money do that bitcoin can not do?
my question what can money do that bitcoin can not do?
Bitcoin may not be exactly termed or known as money,but it is a source of money,it is an intangible asset for any person but not a fictitious asset by any chance. It can be an important source of income for a person as it could help him in his difficult times,so bitcoin may not be technically termed as "money", but a virtual currency applicable for anyone.
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