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Topic: Is Bitcoin money? - page 115. (Read 112172 times)

sr. member
Activity: 518
Merit: 250
May 18, 2017, 12:42:03 AM
Ofcourse bitcoin is a money as we know that it is a digital money. And bitcoin is already used for many transactions like buying materials online, we use it also for gumbling, some people are having a job online to have a bitcoin salary and also some people are using bitcoin for transportation. Bitcoin really is a money.
Yes true, bitcoin can we use to buy anything, so we can say bitcoin is money, the modern transaction currently leaves us hanging with a system that is fast, cheap and safe, for transactions bitcoin better than real money.
sr. member
Activity: 798
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May 17, 2017, 11:02:24 PM
Ofcourse bitcoin is a money as we know that it is a digital money. And bitcoin is already used for many transactions like buying materials online, we use it also for gumbling, some people are having a job online to have a bitcoin salary and also some people are using bitcoin for transportation. Bitcoin really is a money.
sr. member
Activity: 1400
Merit: 269
May 17, 2017, 10:57:32 PM
Bitcoin is money but it's much more better than cash it is decentralized that no debts, tax or banks can control it unlike most of altcoins now a days.
It survive and gain great value in the market it has even good value than gold.
This days you can buy clothes, gadgets gift cards and use it as payment in goods and services.
sr. member
Activity: 1106
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May 17, 2017, 10:41:49 PM
Bitcoin is virtual currency. We can't use bitcoin like that money. Bitcoin has 0% use value but 100% exchange value. Now days we cannot buy food in bitcoin. No body know what happen in future. Maybe we buy some food  in future with bitcoin.
sr. member
Activity: 378
Merit: 250
May 17, 2017, 10:39:28 PM
I totally agree that bitcoin is money we could use it as payment right so for me it is totally money,
As long as we could use it as payment and it has some value that is corresponding to our Fiat then it is money,
That is just my own opinion.

bitcoin is money the only difference of it from cash is that it is a digital money. from the word it self "digital money" we must and could conclude that it is money. we can buy and purchase things using bitcoin..
moreover, if we will rad the definition of wikipedia of money is that "Money is any item or verifiable record that is generally accepted as payment for goods and services...."  source: https://en.wikipedia.org/wiki/Money

so bitcoin is money.
hero member
Activity: 2366
Merit: 594
May 17, 2017, 09:02:20 PM
I totally agree that bitcoin is money we could use it as payment right so for me it is totally money,
As long as we could use it as payment and it has some value that is corresponding to our Fiat then it is money,
That is just my own opinion.
sr. member
Activity: 979
Merit: 258
May 17, 2017, 08:25:00 PM
I don’t like to compare Bitcoin to regular cash because Bitcoin is only a tool that could be used to get more cash in pretty much any type of situation.
Bitcoin won’t be money unless the people within the IMF decide to put the coin into their Currency list and promote it as well.
i dont agree with you, for me everything that has a value , can be converted, can be use to buy something is actually a money, we cannot see it , we cannot hold it  but still we can use it to buy our goods and pay our bills, in the online bitcoin wallet that we have been using we can pay our bills directly but it has a fee also but a little bit compared to the amount that needed to be pay.
hero member
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May 17, 2017, 06:07:43 PM
I don’t like to compare Bitcoin to regular cash because Bitcoin is only a tool that could be used to get more cash in pretty much any type of situation.
Bitcoin won’t be money unless the people within the IMF decide to put the coin into their Currency list and promote it as well.
hero member
Activity: 798
Merit: 500
May 16, 2017, 12:44:27 PM
It's not Money and hopefully never turn into Money. The way it Works is much better compared with Money.
IN some aspect, we can still consider bitcoin as a type of money, an online money. Moreover, many platforms and stores have accepted Bitcoin as a payment method. No matter how you want Bitcoin not to become money, it is now being turned into a real type of money
i think there is no doubt about that bitcoin is money, as we can see that bitcoin is now using for online shopping, and most of the online shops accept bitcon for shopping. even in some places people have the facilities to use bitcoin for shopping in fat shops. therefore we can say that bitcoin is money and we even do not need to convert it in to other fiat currency while using it.

I disagree with you. Bitcoin is not money. Bitcoin is much more than money. It functions as a payment system and a good investment object. But, if you greatly simplify, you can call it money.

Yes, bitcoin is not exactly ordinary money. With him you can earn very well and pay off on the Internet, but there is a risk of using such money.
Actually bitcoin is the advanced form of money as like in the past gold was money and then fiat came as advanced form of money and replaced gold for purchases in the same way I am seeing that bitcoin is establishing over the world and a day will come when everywhere bitcoin will be used.
full member
Activity: 215
Merit: 100
May 16, 2017, 12:21:32 PM
It's not Money and hopefully never turn into Money. The way it Works is much better compared with Money.
IN some aspect, we can still consider bitcoin as a type of money, an online money. Moreover, many platforms and stores have accepted Bitcoin as a payment method. No matter how you want Bitcoin not to become money, it is now being turned into a real type of money
i think there is no doubt about that bitcoin is money, as we can see that bitcoin is now using for online shopping, and most of the online shops accept bitcon for shopping. even in some places people have the facilities to use bitcoin for shopping in fat shops. therefore we can say that bitcoin is money and we even do not need to convert it in to other fiat currency while using it.

I disagree with you. Bitcoin is not money. Bitcoin is much more than money. It functions as a payment system and a good investment object. But, if you greatly simplify, you can call it money.
I agree that. Bitcoin is technology and money which helps us to protect ourself and become anonymous. Moreover, we will join the decentralized system and no one can find us anymore. We do not need to pay tax while using Bitcoin and we can order illegal stuffs on the internet whenever we want
sr. member
Activity: 742
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May 16, 2017, 11:08:37 AM
Bitcoin is money that us for me. I get to use it like money which I can buy something or sell something in exchange of Bitcoin. Though everybody else have its different versions of definition that is either by self, dictionary, or in legal terms.
sr. member
Activity: 338
Merit: 250
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May 16, 2017, 08:59:55 AM
Bitcoin more than money. Ability bitcoin in providing benefits very good. Hold for long time, i'm sure still profitable.
that is truth. Bitcoin is the future of technology and it will help us to maintain everything on the internet and we will no longer need to send money in the physical way. Therefore, life will be much easier
full member
Activity: 364
Merit: 102
May 16, 2017, 07:33:03 AM
It's not Money and hopefully never turn into Money. The way it Works is much better compared with Money.
IN some aspect, we can still consider bitcoin as a type of money, an online money. Moreover, many platforms and stores have accepted Bitcoin as a payment method. No matter how you want Bitcoin not to become money, it is now being turned into a real type of money
i think there is no doubt about that bitcoin is money, as we can see that bitcoin is now using for online shopping, and most of the online shops accept bitcon for shopping. even in some places people have the facilities to use bitcoin for shopping in fat shops. therefore we can say that bitcoin is money and we even do not need to convert it in to other fiat currency while using it.

I disagree with you. Bitcoin is not money. Bitcoin is much more than money. It functions as a payment system and a good investment object. But, if you greatly simplify, you can call it money.

Yes, bitcoin is not exactly ordinary money. With him you can earn very well and pay off on the Internet, but there is a risk of using such money.
sr. member
Activity: 812
Merit: 262
May 16, 2017, 07:29:10 AM
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 believed in the perspective of bitcoin on being a new kind of money. Because in terms of value and price bitcoin does have a better price rate than fiat. And bitcoin as a crypto-currency makes it as a more develop currency on transaction and investments. So in conclusion bitcoin is a new trend money making it as a more suitable on investments and transactions.
Bitcoin currency is a really life changing for people who used to transact with paypal wherein I found it didfficult to deal with since anytime, they might lock your account for unsuspicious transaction though it's in legal terms. We are very thankful tha bitcoin is there to avoid those hindrances where in we don't need to worry about our account since we can transact how many times and how much we want.
member
Activity: 167
Merit: 10
May 16, 2017, 06:58:54 AM
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 believed in the perspective of bitcoin on being a new kind of money. Because in terms of value and price bitcoin does have a better price rate than fiat. And bitcoin as a crypto-currency makes it as a more develop currency on transaction and investments. So in conclusion bitcoin is a new trend money making it as a more suitable on investments and transactions.
full member
Activity: 280
Merit: 100
May 16, 2017, 06:56:15 AM
It's not Money and hopefully never turn into Money. The way it Works is much better compared with Money.
IN some aspect, we can still consider bitcoin as a type of money, an online money. Moreover, many platforms and stores have accepted Bitcoin as a payment method. No matter how you want Bitcoin not to become money, it is now being turned into a real type of money
i think there is no doubt about that bitcoin is money, as we can see that bitcoin is now using for online shopping, and most of the online shops accept bitcon for shopping. even in some places people have the facilities to use bitcoin for shopping in fat shops. therefore we can say that bitcoin is money and we even do not need to convert it in to other fiat currency while using it.

I disagree with you. Bitcoin is not money. Bitcoin is much more than money. It functions as a payment system and a good investment object. But, if you greatly simplify, you can call it money.
full member
Activity: 196
Merit: 100
May 16, 2017, 06:38:06 AM
For me, bitcoin is only a tool for making money, not real money. I can feel it in my hand, but I can make good money with it.
hero member
Activity: 3052
Merit: 685
May 16, 2017, 06:30:32 AM
Bitcoin more than money. Ability bitcoin in providing benefits very good. Hold for long time, i'm sure still profitable.
This type of money is very risky if we will consider it as money, it is not subject to inflation unlike the real money controlled by the government but this  one may rise or drop its value because it is also considered as investment by the many. I have bitcoins and I am fully satisfied with its usage but most of my usage in bitcoin is just for online transaction and for investment purposes.
hero member
Activity: 2464
Merit: 594
May 16, 2017, 06:06:38 AM
It is not all about how long you hold your bitcoins. Because there are bitcoiners who are very wise on managing their coins and also how they spend it. All this time nothing can change my mind to treat BTC as money.
It is profitable indeed, either you have a small or large amount and that is the best thing I like.
hero member
Activity: 798
Merit: 500
May 16, 2017, 05:26:20 AM
Bitcoin more than money. Ability bitcoin in providing benefits very good. Hold for long time, i'm sure still profitable.
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