Topic: Is Bitcoin money? - page 119. (Read 112172 times)
Actually, bitcoin is different from money, because bitcoin can also be used as investment tool. But because the price is high enough, people tend to use bitcoin as a medium of exchange. Well, it can be a money or a means of transaction depending on its use.
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Bingo!
Well, the term money is right, but we have to be more specific about this, because there is a lot of money, like the fiat, that we use in the real world and the virtual money that we are using in the internet to buy stuffs and so on which is called cryptocurrencies. The term "Money" is the fiat, because it is the term that we are used on calling the currency that we are using in our everyday lives.
Many of the people consider the fiat only as money and don’t accept the virtual currency as money. But I am hopeful that with the passage of time people will understand the concept and will not ask about the BTC whether it is money or not.
To date, Bitcoin for me is the main source of income and I do not see it as real money because with it I can realize all my ideas and have the means to exist. Therefore Bitcoin this product which brings me a profit I have not yet used it as money.
if you get profit and get an income from it, it's tecnically speacking money.
... if you have a dolar in your pocket and don't use it it's still money.
Same story with gold, same story with bitcoins.
is not How or What do you use it into. It's about What it is and what value does it have.
To date, Bitcoin for me is the main source of income and I do not see it as real money because with it I can realize all my ideas and have the means to exist. Therefore Bitcoin this product which brings me a profit I have not yet used it as money.
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Yes. It doesn't matter what nation-states think bitcoin is.
All we're doing is saying bitcoin as something else other than its economic reality.
Yes it can be consider as a money. It can now buy things that you want. But right now bitcoin is not definitely money because not everyone accept it as a payment.
Basically, yes, you are right
If some currency is not accepted in another country, then it is not money (or currency) in that country. It seems to be a paradox since the same currency in one place is considered as money while in the other not as money. But this paradox is easily resolved if you come to think of money (or rather a money token functioning as money) as a matter of convention, not a thing in and of itself. Just like there are different laws in respect to essentially the same actions (e.g. in some jurisdictions weed is illegal while in others it is perfectly legit), so in different places there are different conventions in respect to what is considered money there
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Yes. It doesn't matter what nation-states think bitcoin is.
All we're doing is saying bitcoin as something else other than its economic reality.
Yes it can be consider as a money. It can now buy things that you want. But right now bitcoin is not definitely money because not everyone accept it as a payment.
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Yes. It doesn't matter what nation-states think bitcoin is.
All we're doing is saying bitcoin as something else other than its economic reality.
Yes it can be consider as a money. It can now buy things that you want. But right now bitcoin is not definitely money because not everyone accept it as a payment.
Slowly legal acceptance of bitcoin as a currency is increasing all around. Users have difference in opinion, some give importance as an investment, some for the gambling need and in such a manner there are few people who buy it hold and spend as a currency when the value increase than the price they spend on buying the same.
yes and finally in not too long again, we can see that bitcoin can be accepting in many country, but we need to calm down because there is still many country that is not giving their permission for bitcoin to used by people. but after many people especially the government that thinking that bitcoin is money, then i think they will considering to accepting bitcoin as another ways for payment system beside fiat.
We should have patience for that to happen as it will not be done overnight and bitcoin to get support from Government will take really long time so its better to wait and watch instead of making some false assumptions.
Exactly once, if we look at the benefits and opportunities in the huge profits will thus bitcoin we get within a fairly short time. But the thing we have to do with the hard work to make it happen, because the Government will definitely look at and determine it. Although sometimes the Government is more worried about themselves, but I am sure they are doing the best. If not then it may be his responsibility to his creator
Bitcoin is more than money. We can use bitcoin more than for payment. Bitcoin can we trade with altcoin and we can reap the benefits of it.
Who told you that you can't perform similar thing with fiat money like US Dollar or Euro. Have you heard about Forex? Forex exchange refers to trading different international currencies for speculative purpose and earning profits.
Bitcoin is more than money. We can use bitcoin more than for payment. Bitcoin can we trade with altcoin and we can reap the benefits of it.
Oh, maybe this is not money in full, but it fulfills the function of money, cause we can use bitcoin for buing and selling. So, I think that it can be called a full currency.
That is true, bitcoin pretty much fulfills this function, but it is very important to say that this is just a one thing about bitcoin.You can use cryptocurrencies for many different things, for investing,holding, paying for something etc.
Also, if you invest in some particular crypto, you pretty much support the whole network: same thing with bitcoin because a good example of it might be last days in Japan: the bitcoin price holds pretty stable on insanely high price level, because Japan citizens are making a big part of daily volume. After all , BTC will be adopted in this country so people want to obtain some of it.
I do agree with what you have said. The price would continue to rise up as the demand increases that means the users are increasing in number and will continue to increase as countries have begun accepting it for example Russia, Switzerland, and Russia have started to recognize and legalize the use of it.
As further i search bitcoin is a digital money its a trading investment.
I can earn money from bitcoin if will just know how to handle it.
My capital is to spend my time and ability to learn and search more about it.
Focus on the topic and be smart how to make bitcoin into large source of income.
I can earn money from bitcoin if will just know how to handle it.
My capital is to spend my time and ability to learn and search more about it.
Focus on the topic and be smart how to make bitcoin into large source of income.
Bitcoin is like money, some say it is money. Either of the two is correct because bitcoin can be earned and spent. It can also be exchanged to other currency.
Money is considered by the government, they must be stamped either paper or coin. But it can be used as a payment, either services or debt, so if I will have to choose, I still don't know what to choose.
Bitcoin is like money, some say it is money. Either of the two is correct because bitcoin can be earned and spent. It can also be exchanged to other currency.
Oh, maybe this is not money in full, but it fulfills the function of money, cause we can use bitcoin for buing and selling. So, I think that it can be called a full currency.
That is true, bitcoin pretty much fulfills this function, but it is very important to say that this is just a one thing about bitcoin.You can use cryptocurrencies for many different things, for investing,holding, paying for something etc.
Also, if you invest in some particular crypto, you pretty much support the whole network: same thing with bitcoin because a good example of it might be last days in Japan: the bitcoin price holds pretty stable on insanely high price level, because Japan citizens are making a big part of daily volume. After all , BTC will be adopted in this country so people want to obtain some of it.
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Bingo!
Well, the term money is right, but we have to be more specific about this, because there is a lot of money, like the fiat, that we use in the real world and the virtual money that we are using in the internet to buy stuffs and so on which is called cryptocurrencies. The term "Money" is the fiat, because it is the term that we are used on calling the currency that we are using in our everyday lives.
I suspect many people would disagree with that
I'm more inclined to think that we should rather call money (fiat in this case) that we use in our everyday lives currency. Despite the fact that I'm myself on the whole against distinguishing between the terms, money and currency (because this more often than not actually contributes to confusion, not removes it), but here it seems to be the case where such distinction makes sense. In this way, Bitcoin is money as well as fiat, but only fiat can be considered as a genuine currency since only the latter is used as a regular means of exchange in "real life" (i.e. specifically as a currency)
Bitcoin is a digital money but its same as real money as we can earn it in different ways and also use it for buying goods like paper money so the features of bitcoin are similar to that of real money.
Yes exactly the Bitcoin the bitcoin is digital money the one we cannot touch or feel physically but we take all the same functions from it which tangible or physical money performs. Many of us still don’t understand when they ask about the BTC if it is money or not. Most of us consider only the physical one money. There are many advantages that we can get from bitcoin, not only can be used to transact payments, bitcoin can also be a source of income in various ways that we can use to gain profit.
Yeah bitcoin works just like the natural money in our daily living, bitcoin can be used anywhere but as of now we cannot do that because bitcoin is not that popular and a lot of stores didn't know what is bitcoin and how it works so they are not aware of this beautiful opportunity but i think this income years bitcoin will just like how we use our money like buying and spending bitcoins to buy stuffs in a local store. 
There are many advantages that we can get from bitcoin, not only can be used to transact payments, bitcoin can also be a source of income in various ways that we can use to gain profit.
Yes, for me bitcoin is money because I can convert it into a real cash/money. All my expenses was came from bitcoin, in my daily routine in life. As in all my billings payment came from bitcoin so thanks to bitcoin that I found it. 
What do you do to make that, you are still a newbie, some here are making money with micro worklike sig campaign, are you a trader?
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