Topic: Is Bitcoin money ? - page 3. (Read 1385 times)
For me it's a hybrid. For one person it's a currency. While other may term it as a commodity. There is no fix definition for this. All it depends on what you wanna see it as. For me it's both. Though I am treating it as a currency though.
Hello everyone,
i am just confused as what classification Bitcoin will fall into, money,stock or commodity?
this is a online and worldwide payment system so i think it would be fall into money category .i am just confused as what classification Bitcoin will fall into, money,stock or commodity?
while many if users using bitcoin for earning through trading so we can say a way to get better opportunity of business so we can categorized it in the business category or trading category .
Hello everyone,
i am just confused as what classification Bitcoin will fall into, money,stock or commodity?
i am just confused as what classification Bitcoin will fall into, money,stock or commodity?
Money:
something generally accepted as a medium of exchange, a measure of value, or a means of payment:
stock:
the supply of goods available for sale in a store
commodity:
something that is bought and sold
source: http://www.merriam-webster.com/dictionary/
basically based on the definition above bitcoin is any of those but obviously it is a currency, it is a technology so you don't have to confused your self by what bitcoin really is because bitcoin is bitcoin and that's it
Hello everyone,
i am just confused as what classification Bitcoin will fall into, money,stock or commodity?
In my opinion for right now bitcoin is commodity like gold or silver, but in the future maybe it will become money if there are many people who use bitcoins for payment method. And moving bitcoin's price is like stock when i traded bitcoin to fiat. i am just confused as what classification Bitcoin will fall into, money,stock or commodity?
Hello everyone,
i am just confused as what classification Bitcoin will fall into, money,stock or commodity?
i am just confused as what classification Bitcoin will fall into, money,stock or commodity?
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