Topic: Is Bitcoin money? - page 59. (Read 112169 times)
Bitcoin is not a money it is used to buy merchandise anonymously. In addition, 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. Some people just buy bitcoins as an investment, hoping that they’ll go up in value😉😉😉
Money is a currency maintained by a state or other entity which can guarantee its value.
Now what is currency?
Currency is money or other items used to facilitate transactions.
Going by these two definitions, money is a currency AND currency is money.
Putting bitcoin in this context, actually satisfies the fact that bitcoin is a form of money.
Now what is currency?
Currency is money or other items used to facilitate transactions.
Going by these two definitions, money is a currency AND currency is money.
Putting bitcoin in this context, actually satisfies the fact that bitcoin is a form of money.
Bitcoin is not money but more precisely we say commodity, we must know that money has a fixed value, fully controlled by the central bank and can be used legally, while bitcoin is decentralized and can not be controlled.
It depends on the perspective of a person on how he/she looks at the use of bitcoins. I am working on bounty campaigns and i take at as a sideline as the value of bitcoins is increasing consistently there is no doubt that everyone will be attracted and start to invest.
Things that can be given to get something is trading or exchanging things for profit so money is our thing to give so we can get what we need and so as Bitcoin.
Bitcoin is money that can be used for payment for local or international, remittances, credits, services and so on.
Yes, Bitcoin is money and it is more than a money
Yeah I think bitcoin can be used as a money because not only some people but also a lot of people use bitcoin for getting profit and gaining money the simple thing is using bitcoin as a online business but we need to get the real treasure from bitcoin I mean to get a lot of real information from it and know the world business etc things. Bitcoin is money that can be used for payment for local or international, remittances, credits, services and so on.
Yes, Bitcoin is money and it is more than a money
Because price is rising bitcoin is fail as payment system since fees are high, I would call bitcoin as and asset and wealth storage like gold rather than money
According to me a lot of people see bitcoin as a money and also a reason is that they use bitcoin for a lot of works that they fulfills all their needs with the help of bitcoin and also that’s why everyone call bitcoin money. Bitcoin is like a treasure if someone use bitcoin as a money not for getting information etc.
Things that can be given to get something is trading or exchanging things for profit so money is our thing to give so we can get what we need and so as Bitcoin.
Bitcoin is money that can be used for payment for local or international, remittances, credits, services and so on.
Yes, Bitcoin is money and it is more than a money
Bitcoin is money that can be used for payment for local or international, remittances, credits, services and so on.
Yes, Bitcoin is money and it is more than a money
Because price is rising bitcoin is fail as payment system since fees are high, I would call bitcoin as and asset and wealth storage like gold rather than money
Bitcion is a world worldwide cryptocurrency and digital payment system called the first decentralized digital currency,and because it is accepted by vendors and merchants as payment and also used for investment Bitcoin is been regarded as money
Yes bitcoin is the first digital currency, introduced though out the world, Bitcoin is in fact created as currency, specially for online purposes, but in future we can expect that bitcoin will also be use in offline shops. In fact in modern time the use of online currency is increasing from time to time. I am sure that very soon bitcoin will be the most popular currency of the world and will be use for everything for which we are using fiat currency in present time.
According to wikipedia it cannot be money as it does not prefer payments in all countries and also the value of bitcoin is not stable...But in my opinion bitcoin is a digital currency which has been recently started approx 10 years and it may be used as an major currency world wide in future..
Bitcoin is of course the main recipe of making money.The reason behind this is the amount we get from 1 Bitcoin is approximately 6000 us dollar which is the only way that you may take that much reward and if u buyed it in 2013 and saved your Bitcoin so that person is at least a millionaire this power to collect money is not allowed lifetime and do not know how much more price will increase in future.
I believe correct now bitcoins are more of an asset then cash. To me it isn't going to make a difference what type my paying energy is in wiether it truly is in gold bitcoins or sticks. I am just anxious for the worth and how considerably it will boost so I use Bitcoin as I think it has the greatest price then any other form of asset.
Yes, bitcoin is money. Virtual money, which due to its colossal development can start a great thing. In my opinion, over the next few years, in some countries, it will be possible to partially replace the currency. I warmly support him.
I believe correct now bitcoins are more of an asset then cash. To me it isn't going to make a difference what type my paying energy is in wiether it truly is in gold bitcoins or sticks. I am just anxious for the worth and how considerably it will boost so I use Bitcoin as I think it has the greatest price then any other form of asset.
Bitcion is a world worldwide cryptocurrency and digital payment system called the first decentralized digital currency,and because it is accepted by vendors and merchants as payment and also used for investment Bitcoin is been regarded as money
As what you've said, bitcoin is being accepted by vendors and merchants so therefore bitcoin can be considered as money. Even if it is a digital currency, it can still be considered as money because we can buy stuffs or pay bills out of bitcoin. 
Yes bitcoin is a money. Bitcoins is a digital currency called cryptocurreny. It comes in existence in 2009 via a group of Japanese under the name satoshi nakamoto. Initially people exchange it with small goods and currencies.. Later on its price started increasing. Now the prices of bitcoins are skyrocketting. Its now not only money but became an investment too. Many big names, companies and huge investment banks are taking interest in bitcoins. Bitcoins become a hot talk of the town. Not eveb a whole but even the fraction of bitcoins are valuable. It allows the user to even produce it via mining.. By mining they can generate a fraction of bitcoin. Bitcoins is a modified version of money in eradication of digitalisation.
Yes right, I think bitcoin is money so worthy of being a global currency, I'm sure someday many countries will legalize bitcoin for transactions and the government immediately took taxes from bitcoin.
I hope they can do that, bitcoin is decentralized and if a person is smart enough they can always make ways to hide their transaction and their identity. They would easy launder money with bitcoin therefore the government has to come up with a great policy that will prevent people from using bitcoin in illegal activities.
Yes right, I think bitcoin is money so worthy of being a global currency, I'm sure someday many countries will legalize bitcoin for transactions and the government immediately took taxes from bitcoin.
Bitcion is a world worldwide cryptocurrency and digital payment system called the first decentralized digital currency,and because it is accepted by vendors and merchants as payment and also used for investment Bitcoin is been regarded as money
Even at the first place, bitcoin is a money because people use it to transact and that is the main purpose of bitcoin is to have a decentralized currency system that will give people more affordable way to transfer money with an extra security that you cannot be traced down by the other people and you don't need to fill some personal information just to use it. 
Bitcion is a world worldwide cryptocurrency and digital payment system called the first decentralized digital currency,and because it is accepted by vendors and merchants as payment and also used for investment Bitcoin is been regarded as money
Bitcoin is a digital asset designed by its inventor, Satoshi Nakamoto, to work as a currency. ... Economists define money as a store of value, a medium of exchange, and a unit of account and agree that bitcoin has some way to go to meet all these criteria.
Anyone who like to help us to manage our bitcointalk announcement page ??Please contact us in our telegram handle @BoonTech.
Anyone who like to help us to manage our bitcointalk announcement page ??Please contact us in our telegram handle @BoonTech.
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