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Topic: Is Bitcoin 'real money' to you? - page 23. (Read 70683 times)

sr. member
Activity: 378
Merit: 250
January 27, 2016, 07:14:27 PM

Soil can be a money too if it is used as an unit for exchange or make it valuable.

No, it cant. Payment mean must operate with something that is hard (or impossible) to obtain another way than receiving payment. You can't get as much Bitcoins, gold, silver or secured bank notes as you want with practically no effort. With soil, you can. 
If soil was actually worth something, then it could be used as payment. It is worth nothing now though.
hero member
Activity: 658
Merit: 500
January 27, 2016, 07:10:57 PM
Ofcourse Bitcoin is real money to me. I can pay with it I can buy something with it.
So why it is no real money to me. Ofcourse its not cash. But you can exchange it in cash later.
there are still many countries that do not accept bitcoin. but while we can exchange bitcoin to fiat money
is it includes real money?
maybe I think between not and correct
hero member
Activity: 756
Merit: 500
I don't bite.
January 27, 2016, 04:01:42 PM
Ofcourse Bitcoin is real money to me. I can pay with it I can buy something with it.
So why it is no real money to me. Ofcourse its not cash. But you can exchange it in cash later.

yes i agree. bitcoin is real money to me because bitcoin is online digital currency but i can change anywhere ,anytime ,any currency for me own currency change.
That is too much contradiction, lol. Bitcoin is real money to you but somehow it's still a virtual money?
But, yes. Bitcoin is real virtual money for me too. Tongue
hero member
Activity: 798
Merit: 1000
January 27, 2016, 02:53:24 PM
I see Bitcoin as "real money" in the sense that it is not difficult for me to buy gift cards with it, and then use those gift cards to buy stuff like I normally would. Plus I can send and receive transactions with someone anywhere on Earth at the other end. That's something you can't do with Paypal, BTW -- it still doesn't operate in a lot of countries.
legendary
Activity: 1652
Merit: 1057
January 27, 2016, 02:50:11 PM
Ofcourse Bitcoin is real money to me. I can pay with it I can buy something with it.
So why it is no real money to me. Ofcourse its not cash. But you can exchange it in cash later.

Now bitcoins has become proper currecy because it is using worldwide. It is real cash for me because I am doing my all transactions in BTC. Many people using it daily for their transactions. BTC already taken the place of real money in day to day life and helps to make online payments more easier.
member
Activity: 98
Merit: 10
January 27, 2016, 12:03:51 PM
When I'm started reading on bitcoin I've learned more and used it.For me it's a real currency.
full member
Activity: 182
Merit: 100
January 27, 2016, 11:28:32 AM
Ofcourse Bitcoin is real money to me. I can pay with it I can buy something with it.
So why it is no real money to me. Ofcourse its not cash. But you can exchange it in cash later.

yes i agree. bitcoin is real money to me because bitcoin is online digital currency but i can change anywhere ,anytime ,any currency for me own currency change.
full member
Activity: 182
Merit: 100
Pollak
January 27, 2016, 10:53:05 AM
Ofcourse Bitcoin is real money to me. I can pay with it I can buy something with it.
So why it is no real money to me. Ofcourse its not cash. But you can exchange it in cash later.
hero member
Activity: 672
Merit: 500
January 27, 2016, 10:15:09 AM
Yes Bitcoin is real money to me because i can use it to make deals and trades easily just like fiat and other currencies
legendary
Activity: 1176
Merit: 1017
January 27, 2016, 10:09:47 AM

Soil can be a money too if it is used as an unit for exchange or make it valuable.

No, it cant. Payment mean must operate with something that is hard (or impossible) to obtain another way than receiving payment. You can't get as much Bitcoins, gold, silver or secured bank notes as you want with practically no effort. With soil, you can. 

Well, actually, I think it all depends on "local" supply and demand.  Some places a pair of old jeans is worth hundreds of dollars on one side of a fence but that same pair of old jeans can be found in a charity box on the other side of that fence.  I've seen many things act as currency in different micro-economies around the world, cigarettes, noodles, soaps, shells, beetles, dung....yes, even chickens and cows!

Think about it....location is important when measuring value:
In Latin America, way back in the day, gold was abundant until the Spaniards came and carried it away.
hero member
Activity: 676
Merit: 500
January 27, 2016, 01:25:12 AM

Soil can be a money too if it is used as an unit for exchange or make it valuable.

No, it cant. Payment mean must operate with something that is hard (or impossible) to obtain another way than receiving payment. You can't get as much Bitcoins, gold, silver or secured bank notes as you want with practically no effort. With soil, you can. 
hmm. I think that's maybe yes maybe no,, while the soil or an object is vworth and has a value, I think it was worth mentioning money,

Theoretically it depends on amount - soil has some value, but you would need huge amounts to pay for everything you need. Maybe truck of soil is worth few bucks (I am afraid that transportation is far more expensive), but it makes no sense to use this as a payment Smiley

if your mind like that. I can mention that. animals are included money? because he is worth and can also be exchanged. false analogy


Soil is everywhere around us, if you have the wish you can go outside with shovel and obtain amount whatever you like to, thus nobody will exchange this for anything more valuable. Is it as easy to get any animal? Do you can go outside and get as many cows, chickens as you want? I don't say that soil can not be exchanged, but it has such low value that make no sense to use it as a daily payment mean.
sr. member
Activity: 322
Merit: 250
January 27, 2016, 01:15:42 AM

Soil can be a money too if it is used as an unit for exchange or make it valuable.

No, it cant. Payment mean must operate with something that is hard (or impossible) to obtain another way than receiving payment. You can't get as much Bitcoins, gold, silver or secured bank notes as you want with practically no effort. With soil, you can. 
if your mind like that. I can mention that. animals are included money? because he is worth and can also be exchanged. false analogy
hero member
Activity: 490
Merit: 500
January 27, 2016, 01:12:31 AM

Soil can be a money too if it is used as an unit for exchange or make it valuable.

No, it cant. Payment mean must operate with something that is hard (or impossible) to obtain another way than receiving payment. You can't get as much Bitcoins, gold, silver or secured bank notes as you want with practically no effort. With soil, you can. 
hmm. I think that's maybe yes maybe no,, while the soil or an object is vworth and has a value, I think it was worth mentioning money,
hero member
Activity: 676
Merit: 500
January 27, 2016, 01:07:19 AM

Soil can be a money too if it is used as an unit for exchange or make it valuable.

No, it cant. Payment mean must operate with something that is hard (or impossible) to obtain another way than receiving payment. You can't get as much Bitcoins, gold, silver or secured bank notes as you want with practically no effort. With soil, you can. 
hero member
Activity: 700
Merit: 500
January 27, 2016, 12:06:48 AM
A significant amount of money. That is the definition if real money from google and it is completely bullshit. Bitcoin is real money.
legendary
Activity: 2940
Merit: 1083
January 26, 2016, 11:59:50 PM
Wikipedia always has the answer for everything:

"Money is any item or verifiable
record that is generally accepted as
payment for goods and services and
repayment of debts in a particular
country or socio-economic context,
 or is easily converted to
such a form. The main functions of
money are distinguished as: a
medium of exchange ; a unit of
account; a store of value; and,
sometimes, a standard of deferred
payment.Any item or verifiable
record that fulfills these functions
can be considered money."


Too easy to see that BTC fullfills all requeriments above, so BTC is money

Great. So wikipedia did have an answer for this. I guess that says everything. On the old days they just use silver copper or gold. And that is money too. Soil can be a money too if it is used as an unit for exchange or make it valuable.
hero member
Activity: 676
Merit: 500
January 26, 2016, 08:13:36 PM
Wikipedia always has the answer for everything:

"(...) Any item or verifiable
record that fulfills these functions
can be considered money."


This makes the space for discussion, as there could be everyone's own perception of money term, to be described in this thread Smiley
legendary
Activity: 1162
Merit: 1000
January 26, 2016, 08:07:24 PM
Wikipedia always has the answer for everything:

"Money is any item or verifiable
record that is generally accepted as
payment for goods and services and
repayment of debts in a particular
country or socio-economic context,
 or is easily converted to
such a form. The main functions of
money are distinguished as: a
medium of exchange ; a unit of
account; a store of value; and,
sometimes, a standard of deferred
payment.Any item or verifiable
record that fulfills these functions
can be considered money."


Too easy to see that BTC fullfills all requeriments above, so BTC is money
hero member
Activity: 676
Merit: 500
January 26, 2016, 07:25:07 PM
For me it's more like a gold: it has certain value, but I am not using BTC in daily basis transactions. Bitcoin has still long way to go to become everyday payment mean for masses.
hero member
Activity: 560
Merit: 500
January 26, 2016, 07:05:26 PM
Well its one way to use your bitcoin buying gold,but i wouldnt trade my bitcoins vs gold as i believe bitcoin value will be much more over the years and maybe crossing the gold value.
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