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Topic: Is Bitcoin money? - page 30. (Read 112169 times)

newbie
Activity: 88
Merit: 0
December 18, 2017, 09:54:32 AM
It's more than just money since it has a lot of uses & features and it's a lot more expensive than gold.
full member
Activity: 336
Merit: 100
December 18, 2017, 09:52:48 AM
Yes bitcoin could also be used as money because it could be a form to exchange products and services. The same purpose with money.
newbie
Activity: 14
Merit: 0
December 18, 2017, 09:34:45 AM
No bitcoin more than money

it’s bank p2p coin investment and life style
full member
Activity: 406
Merit: 100
December 18, 2017, 06:55:34 AM
In fact, bitcoin is money, it is known as digital money. It is a supplement to financial money. Anything can be purchased by online shopping.

Indeed bitcoin is a money but different from fiat money, the main difference from physical currency is that BC is a digitized money meant for online transaction. BC has a distinctive advantages over real money like can be used anywhere in the world, but for real money need currency exchange kind of thing.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
December 18, 2017, 06:40:07 AM
Bitcoin is money. Bitcoin is a new generation of money, it evolves like us. Bitcoin becomes more convenient, easy to hold, more secured and safe from theft (hacker). Bitcoin can be used in payments, buying goods and services, billing, loading as far as fiat currency.Bitcoin is both right now, a form of investment, and a possible form of payment.
As a currency unit, the bitcoin is like all other currencies. Consumers can transfer bitcoin through the network and so do everything they can do with conventional currencies, including buying and selling goods, sending money to people or organizations, or lending
Bitcoin indeed has much more benefits compared to any other payment form. The only thing make Bitcoin has less interest to be considered as a currency are due lack of merchants. We can't find a merchant that available around, then people just looking for investment in bitcoin due it's volatility.
That's because merchants are legally obliged to follow the law, when bitcoin is not yet properly recognize in their country
then they will be hesitant to adopt, but eventually as it's getting more popular, more people will be using it and the government will be regulating bitcoin.
newbie
Activity: 15
Merit: 0
December 18, 2017, 06:15:08 AM
bitcoin equals gold ... can be exchanged for money ... so it is money
legendary
Activity: 1442
Merit: 1008
December 18, 2017, 06:01:12 AM
Bitcoin is money. Bitcoin is a new generation of money, it evolves like us. Bitcoin becomes more convenient, easy to hold, more secured and safe from theft (hacker). Bitcoin can be used in payments, buying goods and services, billing, loading as far as fiat currency.Bitcoin is both right now, a form of investment, and a possible form of payment.
As a currency unit, the bitcoin is like all other currencies. Consumers can transfer bitcoin through the network and so do everything they can do with conventional currencies, including buying and selling goods, sending money to people or organizations, or lending
Bitcoin indeed has much more benefits compared to any other payment form. The only thing make Bitcoin has less interest to be considered as a currency are due lack of merchants. We can't find a merchant that available around, then people just looking for investment in bitcoin due it's volatility.
full member
Activity: 224
Merit: 100
December 18, 2017, 04:46:56 AM
Satoshi Nakamoto has published Bitcoin in the world by publishing an article (you can get it from the article here). Nakamoto's character is mathematician and software. Without seeing any financial institution, he saw the space to perform the transfer of money directly from the buyer to the seller or the payee, and he built a massive payment system.
member
Activity: 168
Merit: 10
December 18, 2017, 03:27:02 AM
international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees.
jr. member
Activity: 148
Merit: 5
December 18, 2017, 03:17:11 AM
real internet money )
member
Activity: 67
Merit: 10
December 18, 2017, 02:58:42 AM
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
hero member
Activity: 735
Merit: 500
December 18, 2017, 02:30:49 AM
Bitcoin is of course a money but it is intangible because it is in a binary form or digital. Since you can use this digital money as payment when you buy goods or pay for any services, then that's safe to say that bitcoin is indeed a money.
Bicoin can be bought, sold and exchanged against other currencies in specialized exchange exchanges. In a sense, Bitcoin is the perfect form of money for the Internet because it is fast, secure, and unencumbered at national borders.
sr. member
Activity: 751
Merit: 253
December 18, 2017, 02:26:46 AM
Bitcoin is money. Bitcoin is a new generation of money, it evolves like us. Bitcoin becomes more convenient, easy to hold, more secured and safe from theft (hacker). Bitcoin can be used in payments, buying goods and services, billing, loading as far as fiat currency.Bitcoin is both right now, a form of investment, and a possible form of payment.
As a currency unit, the bitcoin is like all other currencies. Consumers can transfer bitcoin through the network and so do everything they can do with conventional currencies, including buying and selling goods, sending money to people or organizations, or lending
member
Activity: 168
Merit: 10
December 18, 2017, 02:21:14 AM
yes it is a other type of currency but you can exchange it to a real money if you want. bitcoin are like a virtual money that can use through online. some of online stores is accepting bitcoin. bitcoin is the type of currency where their is only a 1 amount to all over the world. why many say bitcoin is a money because bitcoin use to trade or exchange and also has a value.
sr. member
Activity: 868
Merit: 256
December 18, 2017, 02:15:17 AM
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.

Yes, Bitcoin is a money. But in other ways, You will say that Bitcoin is not a true money. If you're totally is in the Bitcoin world, Bitcoin is money. You are able to convert your bitcoin into fiats. Bitcoin is cryptocurrency and Cryptocurrency is an internet currency that ables some lhuillers (Like Cebuana) to transfer these crypto into money. By this procedure and process, Bitcoin is money. Bitcoin is legal in many countries and this is now approved to exchanged into fiats.
sr. member
Activity: 616
Merit: 252
December 18, 2017, 02:13:34 AM
Bitcoin is store of value. That means it will not loose value over time like fiat does. You can compare it to gold. Money can be printed all the time, bitcoin cant... so rethink this please!
member
Activity: 364
Merit: 10
December 18, 2017, 02:09:24 AM
In fact, bitcoin is money, it is known as digital money. It is a supplement to financial money. Anything can be purchased by online shopping.
jr. member
Activity: 50
Merit: 10
December 17, 2017, 09:55:20 PM
Not literally money that you can earn in actual phase, but, let's say it is.

Because as soon as you pay out, it turns like one.

And of course, we can consider it as "money", It is the same thing and same use with the real actual money we have in cash.

We can buy anything using this same as money, we can do whatever money can do with this. So it is.
sr. member
Activity: 826
Merit: 256
December 17, 2017, 09:47:43 PM
According to a US judge in Texas, he ruled that bitcoin is a currency or a form of money. But a well known businessman consider it as an asset or commodity. The businessman reason out that in order to become a real money or currency, bitcoin must have a stable store of value. Whatever it is, the important to me is I can able to use bitcoin in any transactions or convert it to cash to buy anything I want.
newbie
Activity: 1
Merit: 0
December 17, 2017, 09:45:26 PM
Yes,The future money of earth.When the world ready for remove paper money and accept electronic money btc will be 1st on their list.Its anonymous and safest way to keep it.And its pretty good investment day by day its rising.When all money falls bit coin rise than 1000%.BTC rise 1K-20K in this year,best year for BTC.So I think bitcoin is money and good investment.
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