Topic: Is Bitcoin Money or Currency - page 13. (Read 5727 times)
Bitcoin is a degital currency or money that can't be seen or touch is real. But it is kind of money or currency.
Money is unreal, meaning imaginary, intangible - a concept.
Currency is NOT money, but merely represents money.
Currency is NOT money, but merely represents money.
Money is the material used as a means of payment and exchange, currency is the value of money that is used in that particular institution
Bitcoin is both money and currency, because it's a cryptocurrency, that we can use it like a normal money.
Global digital currency. With the most favorable outcome of the events, bitcoin will be widely recognized throughout the world, which will be reflected in the large volume of transactions. bitcoin can become a widely used global digital currency
A currency is something that refers to money in a given location. Currency is also to be considered as a medium of exchange or system through which other people follows as a standard with specific values given to it for exchanges. As a system bitcoin is a currency and since with its functionality it is to be considered as well as money. Money is used to buy things or products in the market and bitcoin does the same. This is what I thought of bitcoin in my opinion.
Bitcoin is a digital currency. Its use for P2P transition. If you use bitcoin you must have internet connection. Or money is not for P2P transition. So bitcoin is not money.
Bitcoin money is both its currency. Bitcoin has a value of its own, as is the money itself. Bitcoin can be bought in exchange for money. Bitcoin can be used to collect cash. By making money, the government and the Bitcoin creative cryptocurrency compani anyway I think money means bitcoin, and bitcoin means money.
I prefer currency.
the highly fluctuating bitcoin price makes bitcoin unsuitable for currency in a country or even the world.
the highly fluctuating bitcoin price makes bitcoin unsuitable for currency in a country or even the world.
It is money because their are some online stores now accepting bitcoin as payments and it can be converted into cash. So, it's money. It is also currency since it is now valuable and can exchange into physical money.
Bitcoin is an absolutely new system of settlements between people. Humanity has not yet realized the breakthrough and importance of this idea of decentralization of money
Humanity is understand everything, that's why bitcoin and other cryptocurrencies are popular nowadays. Decentralization of money is the main factor that making people use bitcoin, profit means nothing in this case.
As I think, with the benefits and benefits of bitcoin, we can understand that bitcoin is a common currency in the world, and everyone finds that the benefits it brings are enormous. . Also the number of people using bitcoin coins is very common.
Bitcoin is an absolutely new system of settlements between people. Humanity has not yet realized the breakthrough and importance of this idea of decentralization of money
At the present moment, it is not a possibility that every single person living on earth can use bitcoin or knows about it but in future, digital currencies would be used like fiat and both will coexist and after sometime, when the world will totally convert into a pure technology oriented place, digital coins will be the face of money. But it is far away from today and if there won’t be education everywhere, it is not possible.Yes, still, there is wide chance for the people to understand about the technology, people are now considering bitcoin as currency and money because some people are holding it and some people are selling into fiat currency. Based on different views and amount we are converting them and holding according to our needs.
I don't know the answer on this question. Bitcoin is currency , it means bitcoin is money, isn't it? Probably bitcoin can be used as asset , can an asset be a money?
Bitcoin is a cryptocurrency. But it is sometimes used when buying a product, so bitcoin is also money.
Bitcoin is an absolutely new system of settlements between people. Humanity has not yet realized the breakthrough and importance of this idea of decentralization of money
At the present moment, it is not a possibility that every single person living on earth can use bitcoin or knows about it but in future, digital currencies would be used like fiat and both will coexist and after sometime, when the world will totally convert into a pure technology oriented place, digital coins will be the face of money. But it is far away from today and if there won’t be education everywhere, it is not possible.Yes, still, there is wide chance for the people to understand about the technology, people are now considering bitcoin as currency and money because some people are holding it and some people are selling into fiat currency. Based on different views and amount we are converting them and holding according to our needs.
Bitcoin is virtual like credit cards and online banking networks that we use every day. Bitcoin can be used for online and in-store payments as well as conventional money.
Conventional currency is real. usually used for real transactions.
Conventional currency is real. usually used for real transactions.
So, we don't have bitcoins coins and banknote, that is why i want to say that BTC is defiently not money. This is currency, cryptocurrency)
what is money except this definition? we can pay by them for smth. Here is question: Do we pay for smth by BTC? ofcourse we do, then we can say that BTC nonoficial money))
mon·ey (noun)
- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
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cur·ren·cy read as ˈkərənsē (noun)
-a system of money in general use in a particular country.
So, is bitcoin money or currency?
- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
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cur·ren·cy read as ˈkərənsē (noun)
-a system of money in general use in a particular country.
So, is bitcoin money or currency?
Bitcoin is both money and currency. Because currency is money and money is bitcoin. I can say that because bitcoin can pay bills and you can withdraw through your wallet. When the currency used if you have some bitcoin so i say that bitcoin is both money and currency.
I like the currency but to get the currency first I have to invest to buy the bitcoin and then I will invest to make more bitcoin when the market price is better than I will sell it for money And still do not forget to spend an investment to continue
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