Topic: Is Bitcoin money? - page 39. (Read 112169 times)
Bitcoin is the virtual currency. It has more in common with paypal than with dollars or with gold.
Bitcoin is something radically new. Nothing like Bitcoin has been possible until now.
Bitcoin = currency or crypto currency, money, commodity = True.What ever the definition we choose, we much focus to gain profits and deserves to do it better comparing to others so bitcoin is really a BIG money.
Bitcoin is more than just money. It is a cryptocurrency that is secured by hashing power(miners) and the network(nodes) and the developer team puts out updates to the code pubically. Money/Fiat doesn't have any of those things. It isn't secured by hashing power(it is by brute strength/military/government). Money is printed all the time and it drives down our purchasing power, whereas bitcoin becomes worth more and raises our purchasing power.
Bitcoin is a better form of money.
Bitcoin is a better form of money.
I'd say, this is more than usual money, this is definitely something, which surely allows you to cooperate with most of transactions which may be locked in case you are using usual funds instead.
bitcoin is more then a virtual money it has value and this value change during time it can rise up or fall down its a currency its worth more then gold at elast for the meantime
Yo la considero moneda, porque puedes intercambiarlo por un producto/servicio que quieras.
I maintain that per these definitions, Bitcoin cannot possibly be described as "money". And further, I think that those who do describe Bitcoin as "money" are doing this community a disservice.
+1 agreed. It's a commodity, a digital store of value.
Actually, Bitcoin can be used for payment. But actually, I think that Bitcoin is a kind of asset investment likes Stock.
I maintain that per these definitions, Bitcoin cannot possibly be described as "money". And further, I think that those who do describe Bitcoin as "money" are doing this community a disservice.
+1 agreed. It's a commodity, a digital store of value.
Definetelly YES!
Bitcoin is money for the Internet. It is a scarce digital commodity used as money by millions around the world. People buy coffee with Bitcoin at local shops. Others get paid in Bitcoin and use it to shop online. Friends use it to settle with whoever paid for dinner. Workers send Bitcoin back home to help family, regardless of where they live.
Since its start in 2009, Bitcoin has provided an alternative to traditional government-issued money. No single government, corporation, or nation controls Bitcoin. There is no need for a Bitcoin bank. People store Bitcoin in software called a wallet, which is available for almost any device.
Bitcoin is money for the Internet. It is a scarce digital commodity used as money by millions around the world. People buy coffee with Bitcoin at local shops. Others get paid in Bitcoin and use it to shop online. Friends use it to settle with whoever paid for dinner. Workers send Bitcoin back home to help family, regardless of where they live.
Since its start in 2009, Bitcoin has provided an alternative to traditional government-issued money. No single government, corporation, or nation controls Bitcoin. There is no need for a Bitcoin bank. People store Bitcoin in software called a wallet, which is available for almost any device.
You must be joking. Even the time is money.
Bitcoin money, like gold, you can not buy most goods and services, with gold, or bitcoin.
Yes, bitcoin is a kind of money which is going to be very popular in coming future.
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.Yes, bitcoin is a kind of money which is going to be very popular in coming future.
Bitcoin is money for sure. It has many advantages that we all like. Specifically the convenience to buy or pay something. Its the counterpart of our fiat money. The fiat money is the physical money while bitcoin is the digital money. 
In order for a payment instrument to be full-fledged money, it must perform the same functions as ordinary money (a measure of value, a medium of circulation, a means of accumulation, a means of payment, world money).
As can be seen, Bitcoin has all of the listed functions. It is known that like a dollar that is divided into cents, Bitcoin is divided into virtual coins (satoshi). The transfer of digital money is carried out by sending from one electronic store to another. The analog of the traditional wallet has cryptographic protection.
Yes off course bitcoin is money and you can use it your daily expanse such as you can buy food and clothes and also you can pay all your bills and now I’m using bitcoin for my tuition fees as well and in my country bitcoin is now almost acceptable in anywhere because from last five months I’m using bitcoin in different restaurants and now it’s also using in charity and in donation as well to many organizations so yes it’s a currency and very use full to use. As can be seen, Bitcoin has all of the listed functions. It is known that like a dollar that is divided into cents, Bitcoin is divided into virtual coins (satoshi). The transfer of digital money is carried out by sending from one electronic store to another. The analog of the traditional wallet has cryptographic protection.
As for my side, bitcoin is money, the "new money".
It turns out into digital money.
"A current medium of exchange in the form of coins and banknotes; coins and banknotes collectively."
Bitcoining is what we do, we exchange it into money with the use of those pawnshops and other exchange materials.
Even shits could turn into money, depends on how we perceptionize things.
Depends on how our unique minds can turn it into one.
It turns out into digital money.
"A current medium of exchange in the form of coins and banknotes; coins and banknotes collectively."
Bitcoining is what we do, we exchange it into money with the use of those pawnshops and other exchange materials.
Even shits could turn into money, depends on how we perceptionize things.
Depends on how our unique minds can turn it into one.
I think bitcoin is not money, but bitcoin can be converted into money. bitcoin is not the same as money because bitcoin there is no serial number, bitcoin is also not physical like money.
Bitcoin is qualifies as money, the characteristic is better than fiat. I think serial number of paper money will not make it non counterfeitable. It's also easy to carry and safe. Bitcoin is money, it is virtual global currency.
The bitcoin is money, as it can be used to pay for any kind of expense and this is what money can do.
As of now, there's are only few people who are accepting bitcoin and not everything we like can be purchase with bitcoin. We are still in the stage where people are slowly noticing bitcoin and that would not mean they will automatically adopt, there will a lot of questions in their minds and only by educating them will make them confident with using bitcoin.
Bitcoin is a digital store of value, it is not defined as "money" by the books.
But well... seems that it gives other advantages to the word money that we know
But well... seems that it gives other advantages to the word money that we know
The bitcoin is money, as it can be used to pay for any kind of expense and this is what money can do.
As of now, there's are only few people who are accepting bitcoin and not everything we like can be purchase with bitcoin. We are still in the stage where people are slowly noticing bitcoin and that would not mean they will automatically adopt, there will a lot of questions in their minds and only by educating them will make them confident with using bitcoin.
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