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Topic: Is Bitcoin Money or Currency - page 10. (Read 5735 times)

legendary
Activity: 1638
Merit: 1001
May 12, 2018, 07:58:00 AM
You can't classify bitcoin to one of the categories, because it is a new kind of assets. We haven't right definition for now.
full member
Activity: 546
Merit: 100
May 12, 2018, 07:46:07 AM
mon·ey (noun)

- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
---


cur·ren·cy read as ˈkərənsē (noun)


-a system of money in general use in a particular country.

So, is bitcoin money or currency?
Yes, of course, I choose both. I chose my country currency and I chose also digital currency like Bitcoin and other coins. Both are very precious currencies. My country's currency is always my use in everyday life and digital currency I use for future investment assets.
full member
Activity: 350
Merit: 100
May 12, 2018, 07:39:58 AM
mon·ey (noun)

- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
---


cur·ren·cy read as ˈkərənsē (noun)


-a system of money in general use in a particular country.

So, is bitcoin money or currency?

it is currency circulating in the world of cyber. then it will become money when bitcoin has been transferred in dollars or other country currency. it will be converted and will be official money then you can spend it on other things like shoppings buying a brand new car. house and lot and other more. because this cryptocurrecy volatile is very umpredictable.  they can use it on other payments. so we can say that bitcoin is a currency and money afterall.
newbie
Activity: 88
Merit: 0
May 12, 2018, 07:24:40 AM
mon·ey (noun)

- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
---


cur·ren·cy read as ˈkərənsē (noun)


-a system of money in general use in a particular country.

So, is bitcoin money or currency?
 

I think bitcoin is crypto currency, So, it is currency
 Because the bitcoin is still high volatile, it cannot be used as money. maybe un future it is stable. it is my opinion.
full member
Activity: 364
Merit: 100
May 12, 2018, 07:08:22 AM
I think bitcoin is not money but only as a currency in digital and we use it online because bitcoin is a digital currency that we can not use as direct payments like the official currency
newbie
Activity: 154
Merit: 0
May 12, 2018, 06:47:23 AM
bitcoin are both money and currency.. it is a cyptocurrency which you can also make money from it. Yes we can say it is money in a crypto currency form
newbie
Activity: 85
Merit: 0
May 12, 2018, 06:09:23 AM
mon·ey (noun)

- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
---


cur·ren·cy read as ˈkərənsē (noun)


-a system of money in general use in a particular country.

So, is bitcoin money or currency?

Both, I think bitcoin is money and currency. because bitcoin is payment system and bitcoin is also investment.
newbie
Activity: 76
Merit: 0
May 12, 2018, 05:24:33 AM
I think you have mistaken in the definition by interchanging the definitions of them.
newbie
Activity: 71
Merit: 0
May 11, 2018, 07:56:15 PM
mon·ey (noun)

- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
---


cur·ren·cy read as ˈkərənsē (noun)


-a system of money in general use in a particular country.

So, is bitcoin money or currency?

I think bitcoin is currency, it is not real money.  bitcoin also payment system.
jr. member
Activity: 35
Merit: 1
May 11, 2018, 02:15:26 PM
Let it remain currency for some idiotic nations only and don't make it money to increase economic chaos.
full member
Activity: 364
Merit: 100
May 10, 2018, 10:56:36 AM
We should keep in mind that everything happens online and that future generations will be more adapted to the fact that crypto currency is a natural part of the virtual world.
member
Activity: 420
Merit: 10
May 09, 2018, 04:20:33 PM
Bitcoin is a something that you can spend anywhere and anytime.
Yes we can spend bitcoin anywhere and any time because it is a digital currency and that's why its use is very easy and I think when we use it in our country i mean sell it in our currency so it will change in money and we can buy anything in this money.
newbie
Activity: 162
Merit: 0
May 09, 2018, 04:04:19 PM
Bitcoin is a something that you can spend anywhere and anytime.
newbie
Activity: 210
Merit: 0
May 09, 2018, 03:15:21 PM
I choose both. because it can be made for the transaction tool and only the two different technology systems for exchange. both are the same money.
newbie
Activity: 51
Merit: 0
May 09, 2018, 02:03:35 PM

Health is wealth. Gold is money. Crypto backed by Blockchain authenticated premium income producing assets are the future. Everything else is credit.
newbie
Activity: 118
Merit: 0
May 09, 2018, 11:36:46 AM
Currently the name of Bitcoin is known to all. Bitcoin Cryptocurrency and Money There are many online shops and bank accept Bitcoin.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
May 09, 2018, 03:48:30 AM
In my opinion it is both money and currency. As a virtual coin, you can use bitcoin to buy such things just like money. You can buy some things with it even if you don't convert it or you convert it. As for currency, bitcoin value can be converted in US dollars. Just like any other currencies, its price also changes just like any other currencies. So for me it's crypto currency and a virtual money. That's why I can say that it is the same.
hero member
Activity: 1750
Merit: 589
May 09, 2018, 03:38:17 AM
We could consider bitcoin as a form of currency which literally has a value in the form of cryptocurrency which runs in the market in the blockchain. And I think bitcoin is also a form of money which could be used on transaction so it could be also consider as a future money which people could used as a form of investments, trading and future trasnactions.
full member
Activity: 350
Merit: 100
May 09, 2018, 03:17:08 AM
i think bitcoin is currency, its a digital currencies because as we can know that bitcoin is doesn't have the physic form that makes me said that bitcoin is digital and why i said currency? because the bitcoin is used by all people across the country, not in 1 country but every country in the world there are bitcoin user on it
newbie
Activity: 89
Merit: 0
May 09, 2018, 03:10:39 AM
mon·ey (noun)

- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
---


cur·ren·cy read as ˈkərənsē (noun)


-a system of money in general use in a particular country.

So, is bitcoin money or currency?

I think the bitcoin is money and currency. It can be payment system and investment . But It is not real money. Bitcoin is the future currency, I believe it.
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