Topic: Is Bitcoin money? - page 35. (Read 112172 times)
in my country. Bitcoin is not accepted. The state does not recognize bitcoin as a commodity. and not worth to exchange
Lawly in states it is not actually money. Bitcoin is usually defined as goods. But money is need to trade it for any other goods. If you could trade goods for goods, it could be called money, i think.
In the beginning it was a currency intended to be used as a currency. But today it has become a product of speculation, a reserve of value. Who wants to buy something in bitcoin, whereas a week later, it was worth twice as much with the rise of bitcoin... For the use of cryptos as currency, we will have to turn to the rest of the market.
For me, it is money. We have different reasons why we think that bitcoin is money or is not. In my opinion, once you have a bitcoin or your holding a bitcoin in which you earn in different ways, you'll realize that it is money because you can exchange it in your countries currency in order for you to buy the things you need. Bitcoin is a digital currency so i think that we should just stick to how it is called and let the value of it make people see that it is a money.
Yes bitcoin is money. It has all the functions money has. We can buy with it, we can exchange it with other currencies, and we can transfer it to another person. Even though it is not popular as money. To use bitcoin as money needs some infrastructure. That is why it is more popular as a tool or instrument of investment. As an asset it is giving more returns than any other investment. So people prefer its use as asset rather than money/currency.
First of all, Bitcoin was called a currency, but by the Bitcoin user tried to use it for trading, it has became an asset and useful for the market. Use Bitcoin as FIAT just make us waste more Bitcoin amounts for the transaction fees.
It works like money even if it's not what we mean by money: banknotes, coins. For me this aspect is not very important. It's important to understand how it works and of course, to have more.
Yes bitcoin is money. It has all the functions money has. We can buy with it, we can exchange it with other currencies, and we can transfer it to another person. Even though it is not popular as money. To use bitcoin as money needs some infrastructure. That is why it is more popular as a tool or instrument of investment. As an asset it is giving more returns than any other investment. So people prefer its use as asset rather than money/currency.
Bitcoin is just about as much a money as gold is.some people don't think gold is money and it might be quite difficult to convince them that BTC is.I think that gold has really very few intrinsic value. Bitcoin is new kind of money. I think my bitcoin are interesting and fun. Bitcoin,like, gold, is money.
Bitcoin is a digital online earning system where money can be earned in wallet.
Bitcoins can also be traded and selled to increase our financial profits. Bitcoins blockchain systems are also used by some multinational companies to yeild profit and for trading and exchanging currencies with other country.
Many people think that bitcoin transaction and trading is not safe because of ethical Hackers,but Cryptographic system prevnents it from hacking transactions .
Bitcoins are earned in Decimals. Bitcoin can also be used as a payment system after the bitcoins are transferred to wallets.
Bitcoins are good source of earning for teenagers and college students by earning bitcoins by doing surveys and advertisements which helps in yeild profits. when they become the bitcoin holder after covering a span of time they will gain enough knowledge and would also know what bitcoin money actually is?.
Bitcoins can also be traded and selled to increase our financial profits. Bitcoins blockchain systems are also used by some multinational companies to yeild profit and for trading and exchanging currencies with other country.
Many people think that bitcoin transaction and trading is not safe because of ethical Hackers,but Cryptographic system prevnents it from hacking transactions .
Bitcoins are earned in Decimals. Bitcoin can also be used as a payment system after the bitcoins are transferred to wallets.
Bitcoins are good source of earning for teenagers and college students by earning bitcoins by doing surveys and advertisements which helps in yeild profits. when they become the bitcoin holder after covering a span of time they will gain enough knowledge and would also know what bitcoin money actually is?.
Bitcoin is a digital online earning system where money can be earned in wallet.
Bitcoins can also be traded and selled to increase our financial profits. Bitcoins blockchain systems are also used by some multinational companies to yeild profit and for trading and exchanging currencies with other country.
Many people think that bitcoin transaction and trading is not safe because of ethical Hackers,but Cryptographic system prevnents it from hacking transactions .
Bitcoins are earned in Decimals. Bitcoin can also be used as a payment system after the bitcoins are transferred to wallets.
Bitcoins are good source of earning for teenagers and college students by earning bitcoins by doing surveys and advertisements which helps in yeild profits. when they become the bitcoin holder after covering a span of time they will gain enough knowledge and would also know what bitcoin money actually is?.
Bitcoins can also be traded and selled to increase our financial profits. Bitcoins blockchain systems are also used by some multinational companies to yeild profit and for trading and exchanging currencies with other country.
Many people think that bitcoin transaction and trading is not safe because of ethical Hackers,but Cryptographic system prevnents it from hacking transactions .
Bitcoins are earned in Decimals. Bitcoin can also be used as a payment system after the bitcoins are transferred to wallets.
Bitcoins are good source of earning for teenagers and college students by earning bitcoins by doing surveys and advertisements which helps in yeild profits. when they become the bitcoin holder after covering a span of time they will gain enough knowledge and would also know what bitcoin money actually is?.
yes bitcoin is money..just like if ur going to other country u need to change ur money for other country money.
Not money but gems, this is because bitcoin values continue to grow even faster than anyone thinks, now everybody and companies continue to hunt for bitcoin so today's prices and so on will go up significantly.
Bitcoin not money but it is digital money. when you want converter it bitcoin to cash. one thing is very good bitcoin price increase every time but cash money price don't increase.
Technically is not money. In some countries (Russia for example) bitcoin still worth nothing, you can freely still them and you won't be punished.
Truly in fact bitcoin is cash some beginner are as yet befuddling about that so I need to clarify them that bitcoin is a money that you can change over to any of your want cash yet you can't utilize it straightforwardly for installment since it isn't acknowledged still as an installment in different spots.
as far as I know the bitcoin is not the cash, which I know bitcoin is digital money that can be converted into cash.
so the bitcoin can be used in the real world it has to be converted into legitimate cash in our country.
Bitcoin is a digital money which can be used by everyone everywher. There are many advantages that can get from Bitcoin. Bitcoin use to send and receive money, I can also buy things using Bitcoins can pay my bills so for me it's a money as after spending it i am getting the things that I want in return so for me both are the same from of money. I want to Bitcoin price grow rapidly.
Hello I have several reasons why I use bitcoine. Firstly it helps me to gamble Super Monopoly Money Slot without the hassle instead when I go to a real casino I can just go to online gambling. The second reason makes my life easier in paying my monthly bills instead of going to the office and the third reason is that I can get extra income. Yes I believe that bitcoin in the future can replace money
mon·ey
[ˈmənē]
NOUN
a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively:
"I counted the money before putting it in my wallet" ·
synonyms: cash · hard cash · ready money · the means · the wherewithal · funds · capital · finances · (filthy) lucre · coins · change · specie · silver · currency ·
formal
(moneysmonies)
sums of money:
"a statement of all moneys paid into and out of the account"
the assets, property, and resources owned by someone or something; wealth:
"the college is very short of money"
synonyms: wealth · riches · fortune · affluence · assets · liquid assets · resources · means
financial gain:
"the main aim of a commercial organization is to make money"
payment for work; wages:
"she accepted the job at the public school since the money was better"
synonyms: pay · salary · wages · remuneration · emolument
a wealthy person or group:
"her aunt had married money"
Yes, by some definitions bitcoin is money.
cur·ren·cy
[ˈkərənsē]
NOUN
a system of money in general use in a particular country:
"the dollar was a strong currency" ·
synonyms: money · legal tender · cash · banknotes · bills · notes ·
the fact or quality of being generally accepted or in use:
"the term gained currency during the second half of the 20th century"
synonyms: prevalence · circulation · exposure · acceptance ·
No, Bitcoin is not currency by any definition.
[ˈmənē]
NOUN
a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively:
"I counted the money before putting it in my wallet" ·
synonyms: cash · hard cash · ready money · the means · the wherewithal · funds · capital · finances · (filthy) lucre · coins · change · specie · silver · currency ·
formal
(moneysmonies)
sums of money:
"a statement of all moneys paid into and out of the account"
the assets, property, and resources owned by someone or something; wealth:
"the college is very short of money"
synonyms: wealth · riches · fortune · affluence · assets · liquid assets · resources · means
financial gain:
"the main aim of a commercial organization is to make money"
payment for work; wages:
"she accepted the job at the public school since the money was better"
synonyms: pay · salary · wages · remuneration · emolument
a wealthy person or group:
"her aunt had married money"
Yes, by some definitions bitcoin is money.
cur·ren·cy
[ˈkərənsē]
NOUN
a system of money in general use in a particular country:
"the dollar was a strong currency" ·
synonyms: money · legal tender · cash · banknotes · bills · notes ·
the fact or quality of being generally accepted or in use:
"the term gained currency during the second half of the 20th century"
synonyms: prevalence · circulation · exposure · acceptance ·
No, Bitcoin is not currency by any definition.
Truly in fact bitcoin is cash some beginner are as yet befuddling about that so I need to clarify them that bitcoin is a money that you can change over to any of your want cash yet you can't utilize it straightforwardly for installment since it isn't acknowledged still as an installment in different spots.
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.
Bingo!
The blockchain is a game changer and we like to see more and more coins who are using the blockchain so bitcoin will become more and more popular.
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