Yes, bitcoin is really a money that I can considered because once it is convertible into cash it means its money.
and what is good about it in any country it can convert into a real cash depending on the cash currency of the nations.
Topic: Is Bitcoin money? - page 108. (Read 112172 times)
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Yes bitcoin is a money. We can used it to trade, invest, buy and sell. It helps people to provide their financial needs. Bitcoin is like and gold and this two is consider as a money. If you want to turn it into fiat you just have to convert it so that you can hold it with your hands.I'm really curious, this topic is not really appealing, but it's always been of interest, even though it was written a long time ago, but people still comment here, why? I think it is no longer attractive to be a topic of public interest.
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Yes bitcoin is a money. We can used it to trade, invest, buy and sell. It helps people to provide their financial needs. Bitcoin is like and gold and this two is consider as a money. If you want to turn it into fiat you just have to convert it so that you can hold it with your hands. 
More than money, that's bitcoin for me. I can make extra money from having bitcoin, by not bothering main job, i can trade on breaks or when i have a freetime. Bitcoin greatly helps my home economy. Since i do bitcoin trading, I don't need to work overtime.
That's right, for me, bitcoin is not just money, it's my job, it's the means to make me profitable, and working with bitcoin is an easy job. Each person has a different way to make a profit from bitcoin, some people participate in gambling, but I do not like that, I just do business with bitcoin.
Yes i believe that statement that "bitcoin is the new real money" because you can use it to buy things that you ever wanted in online, you can buy your own game too. Bitcoin is a really a money but there are still many people who don't know about bitcoin so the government cannot declare bitcoin as a legal currency, you can only buy things if you convert bitcoin into a real money.
Yes, in some points you are right but in some I think I wont agree. It is true that bitcoin is the new money and can be used to buy things or can be spent online. But to your last statements such as "the government connot declare it because many people dont know it" is, in my opinion, not correct. The government can not or will not make bitcoin a legal currency not because the majority dont know about it but because it STILL has things needed to be changed and to be improved. I also think there are now store you can use raw bitcoin to buy things. 
More than money, that's bitcoin for me. I can make extra money from having bitcoin, by not bothering main job, i can trade on breaks or when i have a freetime. Bitcoin greatly helps my home economy. Since i do bitcoin trading, I don't need to work overtime.
Bitcoin is currency of the future, period! 
And we're living the future now.
And we're living the future now. 
Surely it is sounds like money but it is really a money bitcoin is a cryptocurrency like what we all know a digital currency where we can use to buy thing online but not in all shop today because it is not fully adopt in many countries and still in the process of adaptation in the market.
Yes, people always say "bitcoin is like money", they dont undestand that bitfoin itself is money. The fact that you can trade with it, buy with it, save with, and earn with it makes it similar to dollar. It has a future but its still not accepted and adopted by all.Bitcoin is more than just money. If he were money, then there would be no such interest. This is super-money, which brings additional income
Bitcoin is not admited as money in many countries yet. But surly bitcoin is money. Today with bitcoin you can buy whatever, directly or with cashing it out at first. Did you hear about Japan? Their hotels, avialines, exchangers and ect. I think many other countries will follow this example and bitcoin will be counted as money everywhere.
Surely it is sounds like money but it is really a money bitcoin is a cryptocurrency like what we all know a digital currency where we can use to buy thing online but not in all shop today because it is not fully adopt in many countries and still in the process of adaptation in the market.
Yes, people always say "bitcoin is like money", they dont undestand that bitfoin itself is money. The fact that you can trade with it, buy with it, save with, and earn with it makes it similar to dollar. It has a future but its still not accepted and adopted by all.
It varies between users. Difference is found in the way they consider it as well the way it's been spend. Most of the users here consider it an investment asset for good profit whereas a little consider it an money similar to the fiat for our regular needs.
Bitcoin is something radically new. Nothing like Bitcoin has been possible until now. I would go so far as to consider it sui generis; "in its own class". This makes it important to understand what Bitcoin actually is before we try to describe it to others.
We're getting a good handle on the code, and of course on Bitcoin's function and utility, but what words should we use to describe Bitcoin itself? There has been some debate in other threads [mostly my doing] over how it is like/not like money, cash, dollars, etc. I'd like to start this thread by focusing on the term "money", and play Devil's avocate by asking for your best arguments that Bitcoin IS money.
My legal dictionary states "In usual and ordinary acceptation it [money] means gold, silver, or paper money, used as circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate." [cites omitted]
Wikipedia says "Money is any object that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally, a standard of deferred payment." [cited omitted]
Webster's Online Dictionary defines money as:
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I maintain that per these definitions, Bitcoin cannot possibly be described as "money". And further, I think that those who do describe Bitcoin as "money" are doing this community a disservice.
But that is just my point of view. Are there any that can convincingly argue otherwise, that Bitcoin IS money?
We're getting a good handle on the code, and of course on Bitcoin's function and utility, but what words should we use to describe Bitcoin itself? There has been some debate in other threads [mostly my doing] over how it is like/not like money, cash, dollars, etc. I'd like to start this thread by focusing on the term "money", and play Devil's avocate by asking for your best arguments that Bitcoin IS money.
My legal dictionary states "In usual and ordinary acceptation it [money] means gold, silver, or paper money, used as circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate." [cites omitted]
Wikipedia says "Money is any object that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally, a standard of deferred payment." [cited omitted]
Webster's Online Dictionary defines money as:
- 1. The most common medium of exchange; functions as legal tender; "we tried to collect the money he owed us".
- 2. Wealth reckoned in terms of money; "all his money is in real estate".
- 3. The official currency issued by a government or national bank; "he changed his money into francs".
- 4. A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by the sovereign authority as a medium of exchange in financial transactions between citizens and with government; also, any number of such pieces; coin.
- 5. Any written or stamped promise, certificate, or order, as a government note, a bank note, a certificate of deposit, etc., which is payable in standard coined money and is lawfully current in lieu of it; in a comprehensive sense, any currency usually and lawfully employed in buying and selling.
- 6. In general, wealth; property; as, he has much money in land, or in stocks; to make, or lose, money.
[/list]
I maintain that per these definitions, Bitcoin cannot possibly be described as "money". And further, I think that those who do describe Bitcoin as "money" are doing this community a disservice.
But that is just my point of view. Are there any that can convincingly argue otherwise, that Bitcoin IS money?
Bitcoin is not a money. Your definition is correct and other wise it is called money when the state approve it as a real currency of a state but bitcoin is not a money it is a cryptocurrencies which use in digital payment system through blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency not a money.
As long you can use bitcoin for transacting with other people and use it as a payment then it is money.
Money is something that we are using for exchanging goods and services and with bitcoin, we are doing the same thing.
So bitcoin is a real money to all of us.
Money is something that we are using for exchanging goods and services and with bitcoin, we are doing the same thing.
So bitcoin is a real money to all of us.
Bitcoin is not a money, bitcoin is a currency, a digital currency. Money and currency has different meanings but can be used as a payment maybe online or offline. Money refers to gold andsilver, in the past it is gild coins and silver shillings, pearl is also one. Currency is what we call paper money, so if we say digital currency, it is a digital paper money. So bitcoin is a money?No, it is made or printed under the command of the government, It is centralized and it is not volatile.
People are changing the terms when it comes to currency or money. But if you will understand with it, currency and money is just the same.
Money is being used for buying goods and things that we need and in return for purchasing it, money is what we use.
Currency is the money used by a country, so for me it's just the same and they have no other meaning.
Surely it is sounds like money but it is really a money bitcoin is a cryptocurrency like what we all know a digital currency where we can use to buy thing online but not in all shop today because it is not fully adopt in many countries and still in the process of adaptation in the market.
yes its money because basically, the function is same like a real money. bitcoin is digital money, you're cant see it but you're can use it. you're can buy anything want. they are both the same, the same function for trading.
In a way, yes, but it is not "Money" of "Fiat" at all. We are only thinking that it is a money because we could earn fiat through bitcoin by converting it to cash, but it is a virtual money, the money that we do use online, to buy stuffs, something like that. But yes, they are just the same---money but into different world. The only thing about bitcoin is you could earn a lot money from it than earning fiat.
Bitcoin is also like money for me, because we can buy online, we can buy load, we can purchase online things so this is also money, I think online money that we can called it. Generally we earn bitcoin because we want to have our extra income or savings so it also a money.
Yes I agree with you that it is a money, it is indeed a money only that it is virtual. It is not tangible yet you can buy things online like buying using money but without hassle. No need to input many details like name, address, contact nos, etc. All you need is the bitcoin unique address. Plus just like money you can invest it, save it, or trade it. Only the difference is its value or price. It is not constant.
Bitcoin is also like money for me, because we can buy online, we can buy load, we can purchase online things so this is also money, I think online money that we can called it. Generally we earn bitcoin because we want to have our extra income or savings so it also a money.
Yes I agree with you that it is a money, it is indeed a money only that it is virtual. It is not tangible yet you can buy things online like buying using money but without hassle. No need to input many details like name, address, contact nos, etc. All you need is the bitcoin unique address. Plus just like money you can invest it, save it, or trade it. Only the difference is its value or price. It is not constant.
Bitcoin is a virtual currency developed in 2009 by someone under the pseudonym of Satoshi Nakamoto. These currencies are like Rupiah or Dollar, but are only available in the digital world. The concept may sound like eGold, though it is actually much different.
Bitcoin is now used in many countries. But its development is still hampered by regulation issued by the government, bitcoin as it is still scary because now the price movement of bitcoin has high fluctuation. As long you can use bitcoin for transacting with other people and use it as a payment then it is money.
Money is something that we are using for exchanging goods and services and with bitcoin, we are doing the same thing.
So bitcoin is a real money to all of us.
Money is something that we are using for exchanging goods and services and with bitcoin, we are doing the same thing.
So bitcoin is a real money to all of us.
Bitcoin is not a money, bitcoin is a currency, a digital currency. Money and currency has different meanings but can be used as a payment maybe online or offline. Money refers to gold andsilver, in the past it is gild coins and silver shillings, pearl is also one. Currency is what we call paper money, so if we say digital currency, it is a digital paper money. So bitcoin is a money?No, it is made or printed under the command of the government, It is centralized and it is not volatile.
Bitcoin is intended to be used as money. The extent to which it differs from the various definitions of money is primarily due to its unpopularity and lack of government sanction, which in my opinion should not matter when speaking about it as "money."
based on the price of the high value of bitcoin happening for now, thus many countries developed countries are now using bitcoin as their money but not yet officially if I'm not mistaken as Japanese and they admit if bitcoin as money virtal Jump to: