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Topic: Is Bitcoin money? - page 37. (Read 112169 times)

full member
Activity: 392
Merit: 100
November 28, 2017, 01:32:06 AM
Bitcoin functions like money, it can be earned because you can work for it and get paid using it, and it can be used to buy things like how money is used. Also, you can use it for gambling the same with money. But, the thing about bitcoin is it is best when there is internet unlike money that we can use regularly.
Bitcoin is a crypto currency and it is easily changeable to any other currency. So if anyone want to used bitcoin for buying something then I will tell him that bitcoin is not accepting directly now in mostly places you need to convert bitcoin in to your desire currency.
newbie
Activity: 68
Merit: 0
November 28, 2017, 01:24:46 AM
Gold is a product, but many of its value can not be called money. Similarly, Bitcoin is a lot of its products but it can not be used as money.
Basically Bitcoin is a virtual medium. It can actually be called a product or a means of online transaction.
member
Activity: 210
Merit: 10
November 28, 2017, 01:22:29 AM
Yes of cours bitcoin is a money but it'a virtual money. However you have the possibility to convert your bitcoins in real money so that's good and so you can consider bitcoins as a real money.
The opinion is aus and I agree with your opinion.
Anyone can think of bitcoin as real money if you have the confidence to change bitcoin as real money, that's the real keyword.

Yes it is really a money, A money from the internet that can really helps you to secure your future. It really helps you to change your lives forever. It helps you to pay your bills through online and you can purchase something that you really need online. Bitcoin has many uses. That was really all I can say about bitcoin and I think I must thank bitcoin because having bitcoin is really nice that it really helps us through our financial use.
hero member
Activity: 924
Merit: 502
November 28, 2017, 01:08:14 AM
I believe it's the opposite. Bitcoincash may be the gold coin that's really lifeless y now fter tcgold appeared. People are again hyping an additional bitcoin fake so bcc is actually from the scene. All of these btc replicates doesn't remain a chance using the unique and they're just likely to die quickly and get delisted.abb
I think they will not gonna be strong as bitcoin but right now we have to acknowledge their success especially bitcoin cash.
I have invested only in bitcoin and other altcoins except bitcoin's fork so my confidence are on the coins I have invested.


Bitcoin is a money that can really change lives forever. It is very strong that can really help other people on anything. Bitcoin is a money in the internet were you able to purchase something you really wanted online. It is used too to pay your bills by the help of bitcoin. Bitcoin really help secure your future and I really adore bitcoin for being like that. I am really thankful of bitcoin because it can really help other people who was really need this.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
November 28, 2017, 12:57:53 AM
I believe it's the opposite. Bitcoincash may be the gold coin that's really lifeless y now fter tcgold appeared. People are again hyping an additional bitcoin fake so bcc is actually from the scene. All of these btc replicates doesn't remain a chance using the unique and they're just likely to die quickly and get delisted.abb
I think they will not gonna be strong as bitcoin but right now we have to acknowledge their success especially bitcoin cash.
I have invested only in bitcoin and other altcoins except bitcoin's fork so my confidence are on the coins I have invested.


Yes, I agree because bitcoin is too strong that can change lives forever but it really depend on the person if how she/he goona do to change it. Bitcoin is a cash, it is not like gold because if bitcoin is like a gold then the value of it will never increase, it will still remain for the years pass by. Bitcoin is a money from the internet were you able to use to purchase something online. It is a money from the internet that can really help you to pay your bills online and many more.
full member
Activity: 186
Merit: 100
November 28, 2017, 12:49:31 AM
Real money is issued, printed and controlled by government of respective country and government but bitcoin is completely different because it is neither printed nor issued by any central government. So, bitcoin is digital currency that we can  only spend in online and Real money is currency that we can only spend in physical world. That's why I think, Both Bitcoin and real money are same in a sense but bitcoin is replacing paper currency day by day.
full member
Activity: 392
Merit: 101
November 28, 2017, 12:41:15 AM
Yes of cours bitcoin is a money but it'a virtual money. However you have the possibility to convert your bitcoins in real money so that's good and so you can consider bitcoins as a real money.
The opinion is aus and I agree with your opinion.
Anyone can think of bitcoin as real money if you have the confidence to change bitcoin as real money, that's the real keyword.
hero member
Activity: 2856
Merit: 674
November 28, 2017, 12:29:33 AM
I believe it's the opposite. Bitcoincash may be the gold coin that's really lifeless y now fter tcgold appeared. People are again hyping an additional bitcoin fake so bcc is actually from the scene. All of these btc replicates doesn't remain a chance using the unique and they're just likely to die quickly and get delisted.abb
I think they will not gonna be strong as bitcoin but right now we have to acknowledge their success especially bitcoin cash.
I have invested only in bitcoin and other altcoins except bitcoin's fork so my confidence are on the coins I have invested.
newbie
Activity: 16
Merit: 0
November 27, 2017, 07:31:47 AM
yes, im using it to pay bills so it is. simple as that 😊
Bitcoin is more of an asset then money. It's better to spread your money over assets anyway. It doesn't matter what it is as long as it's worth something and has values then maybe if you make good choices you can even profit over it.
member
Activity: 70
Merit: 10
November 27, 2017, 07:14:48 AM
Of course bitcoin can be said to be money and also as a digital asset. Bitcoin can also be invested which means also bitcoin is money. Bitcoin is used by everyone just as much as money.
Bitcoin is virtual currency, and can be defined as a source of physical currencies. Bitcoin is dominated and use as a payment processor like so many fields. Using Bitcoin the currency of the internet will do so much activity not only virtual worlds, but also in our real worlds also.
member
Activity: 222
Merit: 11
Create Your Decentralized Life
November 27, 2017, 07:12:44 AM
No, it is an investment that can be traded for money, so its worth money, it isn't money.  It is an odd thing because it does have potential to actual become currency or money but it isn't there yet.  What could make it change when larger companies start accepting Bitcoin as a method of payment, then it will be money.
Yes bitcoin is virtual currency and that is why it is treated against bitcoin at hundred and eighty degrees. You can’t say bitcoin as money because they both have different worlds. Money is physical and it is being used all over the world while bitcoins are just using online for making transactions and earning much money. These both different planets can’t be compared and hence they are contrary.
member
Activity: 230
Merit: 22
Staker.network - POS Smart Contract ETH Token
November 27, 2017, 12:54:24 AM
For me the major factor before something can called as money it must first be accepted or used as a medium of exchange for goods and services by a number of people. As of now bitcoin may already be used as this but not yet worlwide and there is not yet that much of a shop or store that accepts it yet.  So for me before i will call bitcoin as money it must first surpass the situation i stated above.  As of now i prefer to call bitcoin as currency.
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
November 27, 2017, 12:20:58 AM
Yes bitcoin is money and also a digital currency that you can use like credit cards, It is very reliable in terms of transactions because it is very fast and you are capable of buying goods online with cheaper value.
newbie
Activity: 42
Merit: 0
November 27, 2017, 12:18:24 AM
Yes, Bitcoin with a high Volatility rate is the new money, i mean Cryptocurrency. and once the world accepts it, maybe all the vendors will transact and accepting it in a very near future...
jr. member
Activity: 57
Merit: 43
November 27, 2017, 12:07:54 AM
yes i believe that bitcoin is a money.
why? because many people interested for bitcoin for the reason of money.
if bitcoin not related for money why many people play as bitcoiner. and i have friend two years allready a bitcoiner
as now he withdraw anytime a perfect cash money and i believe that bitcoin is a money also.
full member
Activity: 193
Merit: 100
November 26, 2017, 10:05:11 PM
Whether Bitcoin is a money or not depends upon the jurisdiction we are talking about. In Japan it is money because it has been given recognition as a legal tender or as a legitimate medium of exchange. In India it is not money because in India one cannot use it as a medium of exchange for goods and services. But it is being increasingly used as an investment option in various jurisdictions even where it is not being recognised as money.

If you ask that, is Bitcoin money? So the answer is yes. It's just like the money in the online game and the money we send into a deposit. It's just that, Bitcoin price is always increasing and it makes Bitcoin so unique and great.

If you ask how Bitcoin can be created and what underlies the creation of Bitcoin, then frankly I do not know the answer. I am always curious and wonder about Bitcoin.

Is Bitcoin accepted as a currency in different countries? It depends on the country, because not everyone and not all countries consider Bitcoin as money. There are even countries that prohibit the use of Bitcoin.
sr. member
Activity: 384
Merit: 250
November 26, 2017, 09:50:50 PM
An internet money or what we call digital currency. Bitcoin is not just a money but a digital gold or a virtual asset that has value more than anything else. we will experience a trillion dollar marketcap soon.
newbie
Activity: 28
Merit: 0
November 26, 2017, 09:42:00 PM
yes, im using it to pay bills so it is. simple as that 😊
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
November 26, 2017, 02:34:15 PM
Bitcoin is a digital currency, I think its not money.
We can use it for online payment and for buy a product from online. there are many site accepted bitcoin for payment.
I think you confuse yourself when you say that its a digital currency but claim that its not money. As long as something can be used as a mode of payment it is termed as a money.
member
Activity: 112
Merit: 10
November 26, 2017, 02:23:07 PM
Bitcoin is a digital currency, I think its not money.
We can use it for online payment and for buy a product from online. there are many site accepted bitcoin for payment.
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