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Topic: Is bitcoin more of a real money than money itself? (Read 415 times)

newbie
Activity: 56
Merit: 0
Well, in my opinion it's not a currency, not money, but a digital assets, but yes, it will be more of a real money and it is the currency of the future. The digital money like Bitcoin is going to drive the economy in future and this will transform the paper currency in to a most secured, speed and valuable digital currency in the world. I think in another few years the economy will be driven by digital currency like Bitcoin and the per capita income will be rocketing like anything.
jr. member
Activity: 364
Merit: 2
The current fiat currency problem is that the government is in control of both the amount of currency and the interest rate. As a result, as the history shows, the value of the fiat currency continues to decrease. As one candidate for the future currency, there is BITCOIN. As people trust it and the place where it can be used increases, it will become popular.
jr. member
Activity: 188
Merit: 2
Brings You A Time Trading Social Community Platfor
If we based of prices Bitcoin has a big advantage than real money,Yes I agree that very hard to speculate Bitcoin price movement because of its volatility but the big advantage of Bitcoin in terms of payments transaction you can pay it easy less hassle.
member
Activity: 84
Merit: 10
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i think bitcoin and other cryptocurrencies included e-money. and you can use them for shopping or investment
hero member
Activity: 1008
Merit: 501
It can not be said now that bitcoin is more than real money. Because bitcoin's price changes. Its price is all about trust.

Bitcoin price changes and that price movement is not all about trust but it just shows how the investors or trades move their crypto currencies. Bitcoin cannot be a real money, it is decentralized, also, it said that it is a measure of a value. Bitcoin price is usually USD depending on your country but the value of Fiats are never measured using Bitcoin.
Bitcoin has a very fast or volatile price change. which means it will be very difficult to use as a currency or method of payment
because it might cause losses on both sides. but that doesn't mean bitcoin isn't money. only the use is difficult
jr. member
Activity: 322
Merit: 1
For those who have felt it is very real, every time we want to try, there must be a change ...
member
Activity: 434
Merit: 10
Yes. Bitcoin is more of a real money and it is the currency of the future. The digital money like Bitcoin is going to drive the economy in future and this will transform the paper currency in to a most secured, speed and valuable digital currency in the world. I think in another few years the economy will be driven by digital currency like Bitcoin and the per capita income will be rocketing like anything.
That may also happen but the reality is not applicable. Since electronic money is still new, getting people as well as the community takes time. Electronic money only serves online transactions and transactions in remote places. With cash used to trade live everyday, what it can do is continue to flow the economy. Actually these two currencies need to exist in parallel, they can not replace each other.
sr. member
Activity: 672
Merit: 250
are not. Bitcoin is not real money. It is a digital currency. Bitcoin deals globally. Bitcoin prices depend on the supply and demand rules.
member
Activity: 190
Merit: 10
This is very logical and symbol that man you need to be a mediator between good that you propose and that you receive, is not a barter system but it is like the middle point between two owners of good or service. Bravo!
member
Activity: 166
Merit: 12
In bitcoin, even more meaning than in the dollar. at least because the emission is controlled by market participants themselves. Traditional currencies lose people's trust because of the protracted economic crisis.
member
Activity: 148
Merit: 11
what now around the world is called money has long been not imim. the whole world economy took as a basis the dollar and was very cruelly mistaken. Bitcoin can be a viable alternative if governments do not actively interfere with its development
newbie
Activity: 238
Merit: 0
For the future may be bitcoin will be the real main money in digital money.in era digital bitcoin is more simple for future
newbie
Activity: 177
Merit: 0
According to my assumption, Bitcoin is not a real money, it's alternative currency.

For me bitcoin is more on an asset than a money itself. It is an investment, like other long lasting investment. That we can trust.
jr. member
Activity: 259
Merit: 1
According to my assumption, Bitcoin is not a real money, it's alternative currency.
full member
Activity: 364
Merit: 100
   I think the existence of bitcoin, and other cryptocurrencies, reveals the true nature of money which we had long forgotten or never really had the right idea about. Money, as defined by the Webster's 9th New Collegiate Dictionary, is something generally accepted as a meduim of exchage, a measure of value, or a means of payment. Practically, though, that "something" is a concrete object, not just a mere idea. Thus, money is subject to depreciation - as seen in the decline of value via inflation and similar situations. In this sense, the standard value of money doesn't seem so standard at all and it won't be much of a "generally accepted" medium of exchage. This is where bitcoin is more of a real money than the physical money itself.  We don't control it's value, unless everyone - really, EVERYONE, at least those who use it - agrees so.

Bitcoins today is considered as an asset because you can use cryptocurrency to purchase any products in any online stores that is accepting a cryptocurrency payment method.
full member
Activity: 1050
Merit: 100
Bitcoins and crypto currencies are really the ideal money because it's free from oppression, third party tracking, exploit and from debts most importantly it's secured unlike banks that can be easily hack/breach. That's why institutional investors, bankers and governments hates it because it's a better version of fiat currency and should be the ideal type of money.
indeed as you explain, but for now the government is still looking for policies to legalize. and i think the legalization of the world's most important, before being used for transactions in all areas
sr. member
Activity: 1400
Merit: 269
Bitcoins and crypto currencies are really the ideal money because it's free from oppression, third party tracking, exploit and from debts most importantly it's secured unlike banks that can be easily hack/breach. That's why institutional investors, bankers and governments hates it because it's a better version of fiat currency and should be the ideal type of money.
member
Activity: 448
Merit: 10
Yes, i consider that bitcoin is real money and the only difference with fiat money is that bitcoin is volatile and unpredictable currency while fiat is more of a stable currency. However, the pros for btc is that it is progressing compared to fiat and btc is also used as a payment system for transaction.
hero member
Activity: 1361
Merit: 506
   I think the existence of bitcoin, and other cryptocurrencies, reveals the true nature of money which we had long forgotten or never really had the right idea about. Money, as defined by the Webster's 9th New Collegiate Dictionary, is something generally accepted as a meduim of exchage, a measure of value, or a means of payment. Practically, though, that "something" is a concrete object, not just a mere idea. Thus, money is subject to depreciation - as seen in the decline of value via inflation and similar situations. In this sense, the standard value of money doesn't seem so standard at all and it won't be much of a "generally accepted" medium of exchage. This is where bitcoin is more of a real money than the physical money itself.  We don't control it's value, unless everyone - really, EVERYONE, at least those who use it - agrees so.
Yes bitcoin is more of a real money which is totally free from inflation which actually seems to be a dream in other prevailing currencies.
member
Activity: 189
Merit: 10
Money is just money because someone wanted to create it, but money is not something solid, we consider "paper money" as money because the stereotipes are saying it so, by the way, bitcoin is also the same, only that in digital form.
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