Bitcoin is digital currency. So it any time to use and any where to use. So it reach the all country. It useful to all country people. it connect the other country people. So people will be share more information. It good future currency. Bitcoin is any time to increase. But it not money.
Money is change the country ways. Money is important for the country growth. It will not change the price. It change the price country ways. If country will be growth money will be growth. Money is part of the all country. Coming future bitcoin will be use all country.
Topic: Is Bitcoin Money or Currency - page 7. (Read 5735 times)
For me Bitcoin its Asset Digital, no one can replace money but bitcoin can change the payment system. So the payment will be very easy & faster than bank transfer. The problem its with using Visa/Bank account we still have some chance to get phising attack and other think. Bitcoin will change the Payment Gateway at future.
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?
currency refers to the money that a country is using and they are almost similar to money. Currency is used as a money and bitcoin is used like that. Although it is a currency,people use it as money to pay bills or something. Just like how dollar is used. - 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 money in acceptable digital currency in countries that accept state regulations and can be converted to different fiat currencies used as money. Bitcoin is money in the digital world.
Currency is banknotes, or physical money. While money is a store of value that has purchasing power. Just like fiat, bitcoin has value and you can use it as a medium of exchange
Currency is banknotes, or physical money. While money is a store of value that has purchasing power. Just like fiat, bitcoin has value and you can use it as a medium of exchange
Bitcoin is an asset u can term it as an asset with definite value for long-term growth we cant term it as a currency because of speculations and volatility so more than currency it is an asset
Bitcoin is both money and currency. Money is tangible assets acceptable in any exchange in the form of various currency. Bitcoin is money in digital currency that is acceptable in countries that the state regulations accepts and can be converted to different fiat currency used as money. Bitcoin is the money in the digital world.
People are right it is both currency and money, because currency become money and bitcoin is also money, then why we need to argue with this, this both will result into money and cryptoCURRENCY!
I actually see no difference between this two. What I believe in is that, it is both a form of investment and also, can be used as a currency. I must stand with this because these are ways how I use it. No need to quarrel about bitcoin. Let us just support it and be mindful of the possible changes that may happen. Bitcoin is a means of change in economic status.
For me bitcoin money and currency is defferent because currency is a paper money or fiat money that using people in every country and buy for daily needs and bitcoin is a material that can invest but bitcoin is virtual currency and many people invest it because of the excellent price but bitcoin money and currency is both money.
People are right it is both currency and money, because currency become money and bitcoin is also money, then why we need to argue with this, this both will result into money and cryptoCURRENCY!
I actually see no difference between this two. What I believe in is that, it is both a form of investment and also, can be used as a currency. I must stand with this because these are ways how I use it. No need to quarrel about bitcoin. Let us just support it and be mindful of the possible changes that may happen. Bitcoin is a means of change in economic status.
People are right it is both currency and money, because currency become money and bitcoin is also money, then why we need to argue with this, this both will result into money and cryptoCURRENCY!
I actually see no difference between this two. What I believe in is that, it is both a form of investment and also, can be used as a currency. I must stand with this because these are ways how I use it. No need to quarrel about bitcoin. Let us just support it and be mindful of the possible changes that may happen. Bitcoin is a means of change in economic status.
Currency is a paper money, or the physical money. While money is a store of value which has a purchasing power. Just like fiat, bitcoin has a value and you can use it as a medium of exchange, but its not paper, rather a digital currency. However, it is not recognized by the bank a currency. So i think its another type of money, but in a form of digital or electronic money.
So you can make a weak argument that Dollars are a kind of money but are just very “bad actors” as money unless you like losing value, consistently. The point is dollars are not an effective store of value because they lose value every year. Since the privately-owned and operated Federal Reserve took over national currency production in 1913, the U.S. Dollar has lost approximately 97% of its value. Many economic experts believe that it will continue doing what it has been doing for over a century, declining, until it reaches its true value of zero. Inflation means your dollar loses value every year, so how can it be a store of value? It cannot.
People are right it is both currency and money, because currency become money and bitcoin is also money, then why we need to argue with this, this both will result into money and cryptoCURRENCY!
It is hard to say about this idea. People want bitcoin to become a currency which accepted around the world. However, most of them only hold bitcoin for a long term profit without spending a single penny. So how can bitcoin become money when people consider it as an investment ? Right now, it is obvious that bitcoin is useful for people to put their money in because it can give us a huge profit in the future
Is Bitcoin Money or Currency: it depend on the user either you want to make it money or currency. It can be use for exchange and transaction and a means of exchange. It can also be sold and it can be used to buy good and service
Is Bitcoin Money or Currency: it depend on the user either you want to make it money or currency. It can be use for exchange and transaction and a means of exchange. It can also be sold and it can be used to buy good and service
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?
As far as i know money is the general term of any type of currency, or simply like a tree money is the body and the currency is the branches.. And also currency is the money used by the particular country or place to know the differences and distinctive of different countries regarding to thier kind of money. So don't be confused about that two words. - 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?
The bitcoin is a very practical tool for people today because some of them make transactions all over the world by means of bitcoin and some enjoy the opportunity that it suggests at the investing platform.
Plus, you have the government on the hook for cost-of-living increases in many entitlement programs. And with more and more people dependent on the government, and the government over $18,000,000,000,000 in debt, showing the cost-of-living is stable helps the government immensely. Whether it is the truth or not is another story. Perianne Boring did a great article on this subject for Forbes last year if you want more detail on this topic. It explains how actual inflation, as of last year, was closer to 5% than 2%. A pretty big margin for error, I’d say. If you avoid the establishment narrative and do your own due diligence, it’s amazing what you can find out about how the economic world really turns.
I think that bitcoin is both money and currency. However, currently, people do not consider bitcoin as either money or currency. Bitcoin is an investment and they only want to earn more money from holding it. Therefore, bitcoin is slowly becoming a digital gold. It can never become a currency or money again
For me, bitcoin is a currency that can be money. We all know that bitcoin is a cryptocurrency that design and aim to become a worldwide payment system because it is decentralized and can work without a single administrator or central bank. I can say that bitcoin is a currency that can be a money because most of its user now think and see bitcoin as an asset. We all know that bitcoin is expensive and there is plenty of exchanger and wallet out there that you can convert your bitcoin into real money that you can spend or use to buy some things to those stores, companies, and establishment that doesn’t accept bitcoin as payment. 
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