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Topic: Is Bitcoin money? - page 17. (Read 112169 times)

member
Activity: 122
Merit: 10
January 09, 2018, 06:22:04 AM
In my opinion,Bitcoin is a new kind of money.or it will be even more correct to say this is the kind of investment with which you can make purchases or pay bills. This is the future of electronic currencies.
full member
Activity: 532
Merit: 100
January 09, 2018, 06:19:57 AM
No, I do not consider bitcoin money, it's more an investment, not a currency. Bitcoin is not money. Bitcoin is a way of getting dividends previously invested in it. Bitcoin is a way of making money, but not money.
hero member
Activity: 812
Merit: 500
January 09, 2018, 06:10:58 AM
Bitcoin is not a money, it is a digital currency but every bitcoiner can earn more money by means of working in a signature campaign as well as in the bounty. Basically, bitcoin is a common exchange of money wherein many people can invest to gain their own money that they will use for any expenses that want to pay.

Directly we can't say that bitcoin is money, but indirectly bitcoin work for us as a money, the difference is that bitcoin is digital currency and it has no other shape like fiat currency. But bitcoin give us money and we use it like a money. Then it doesn't matter for bitcoiners that bitcoin is money or not. 
member
Activity: 171
Merit: 10
Global Risk Exchange - gref.io
January 09, 2018, 06:06:57 AM
bitcoins are just like shells or furs in ancient times - of course they are not banknotes or coins, but it's money, because they have all the functions of money
Yes bitcoin is money and everyone can used it. Even young people using bitcoin because bitcoin is money. And everywhere you can used it.
newbie
Activity: 23
Merit: 0
January 09, 2018, 05:56:31 AM
yes buddy bitcoin is a cryptocurrency which is most secured and also has many benefits and  advantages. Its prices are also rising day by day,
full member
Activity: 461
Merit: 101
January 09, 2018, 05:52:41 AM
bitcoin is used as a medium of exchange, so bitcoin can be said as money
It is money yes. Like you have said, it is used as medium of exchange so it can be said as payment method and it is money as well. Although it isn’t physical but it just resembles as the physical money except the existing state. Bitcoins are now moving all around the world and pole are using it as a money. They shop, they eat and pay bills from this so it is money like every other currency.
Bitcoin is a money but in terms of digital, since we have already fiat's in our country so it happen that Satoshi Nakamoto invented that it only exists in a digital world. Yes I classify bitcoin as a money too because like what a real money could be use as a mode of payment a bitcoin could also used the same to the online shops who accepts bitcoin as a payment. and aside from this, bitcoin can also be converted into fiat to use in our daily lives.
newbie
Activity: 14
Merit: 0
January 09, 2018, 05:46:06 AM
Bitcoin is a currency which means that it can function as money. However they are also treated as assets in order to get profit from an investment.
hero member
Activity: 896
Merit: 502
January 09, 2018, 03:18:02 AM
bitcoin is used as a medium of exchange, so bitcoin can be said as money
It is money yes. Like you have said, it is used as medium of exchange so it can be said as payment method and it is money as well. Although it isn’t physical but it just resembles as the physical money except the existing state. Bitcoins are now moving all around the world and pole are using it as a money. They shop, they eat and pay bills from this so it is money like every other currency.
M.L
jr. member
Activity: 99
Merit: 7
January 08, 2018, 09:34:30 PM
Bitcoin is not a money, it is a digital currency but every bitcoiner can earn more money by means of working in a signature campaign as well as in the bounty. Basically, bitcoin is a common exchange of money wherein many people can invest to gain their own money that they will use for any expenses that want to pay.
newbie
Activity: 131
Merit: 0
January 08, 2018, 09:18:02 PM
Bitcoin is a virtual currency (digital) developed in 2009 by someone under the pseudonym of Satoshi Nakamoto. This currency is like Rupiah or Dollar, but it is only available in the digital world and this money has no physical form, like the currency in general.
member
Activity: 224
Merit: 11
January 08, 2018, 12:17:10 PM
It can be used as money,but it isnt works like a centralized fiat because BTC is a decentralized digital currency that grows even if you do nothing.
jr. member
Activity: 200
Merit: 6
January 08, 2018, 12:15:28 PM
Dollar is currency, not money, no money Money can be a pose and vice versa, but they are not entirely the same thing and there is no complete difference. Bitcoin, like gold, is money.
member
Activity: 98
Merit: 10
January 08, 2018, 12:07:43 PM
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
I agree that bitcoin is a money and like gold but the difference is the bitcoin is a "digital" money its more high technology because nowadays too many people addicted to social medias thats why they created a money using an internet.
member
Activity: 188
Merit: 12
January 08, 2018, 11:52:49 AM
Bitcoin is money! I already treat bitcoin as money when I made my first cash out. I can really say it is a money because we can convert it to our fiat money, we can buy products and services as a payment method. We know it is not controlled by the government nor declared as a currency, on the other hand; btc is not illegal.
jr. member
Activity: 420
Merit: 2
January 08, 2018, 11:48:10 AM
its like an life Insurance!
sr. member
Activity: 588
Merit: 251
January 08, 2018, 11:34:23 AM
For me bitcoin is money, just money is in the form of real but can be in use and make as investment, and for me money like bitcoin enough to help in life as supplement their income and facilitate in make a payment etc, with just sitting in front of computer or our smartphones
member
Activity: 191
Merit: 10
January 08, 2018, 11:28:46 AM
For me I consider bitcoin is money, although it is just a electronic money or digital form of cryptocurrencies since it has a value and could be converted in different country's currency.
full member
Activity: 294
Merit: 101
The OEL Blockchain Ecosystem for Supply Chains
January 08, 2018, 10:14:00 AM
Of course bitcoin is a currency. Only in digital format. You can easily purchase any thing for bitcoin. Already there are shops that take bitcoin. And it can be exchanged for any currency in the world.
full member
Activity: 334
Merit: 102
January 08, 2018, 08:38:49 AM
Yes. Basically it is money because you can buy things with it and it has a value that can be an alternative to fiat currency. It is a digital currency. Therefore, you dont have to carry loads of cash in bills or coins in order to buy stuff.


This is true, i think, investing here involves money so basically, bitcoin is money. Like credit cards, you don't need to bring so much cash and you don't have to be afraid of being robbed or what because your money is safe here in bitcoin, a digital currency.
newbie
Activity: 70
Merit: 0
January 08, 2018, 08:31:31 AM
Yes. Basically it is money because you can buy things with it and it has a value that can be an alternative to fiat currency. It is a digital currency. Therefore, you dont have to carry loads of cash in bills or coins in order to buy stuff.
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