Is Bitcoin 'real money' to you? - page 33.

Ryananda

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Quote from: knowhow on January 10, 2016, 11:18:31 AM

For me bitcoin is real money,even not buying ,atleast till the moment anything with bitcoin,i had exchanged it to fiat and well i feel the power of it.I would spend it if i see what i use cellphones and computers to be paid with bitcoin,i guess openbazar may change my previous wages into technology.

Yes maybe you are looking bitcoin can replace the function of money as a medium of exchange.
Bitcoin but can not replace the money is in fact because money has the form / form while bitcoin not voting form / form.

blackmachinegun

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Quote from: a7mos on January 10, 2016, 10:30:02 AM

Yeah, Bitcoin is real money for me, because I can pay for digital goods easily as if I am using a credit card. but the problem is not a lot of sites accept bitcoin now. and that can be solved when more people adopt using bitcoin.

true, sites that accept bitcoin is still very limited and of course it makes a problem for me
correct, adoption and deployment of bitcoin, can reproduce sites that accept bitcoin

Arcteryx

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How can it be real money when I use real money to buy it?
Until that day that fiat doesn't exist anymore then I will call whatever that we are trading for goods and services real money, whether it be bitcoin or whatever else it is we will be using at the time.

jmintuck02

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Used to really believe it was going to be just some token for some DIGITAL things and NO physical goods. That was way back when it started

years ago. I was foolish to have thought that. If I could know what I knew now, I wouldn't have thought that way until it blared

through Mum and Dad's TV on the news at the spike in 2013. I don't even know if I have any other wallets that I don't know about

saved in my room.

I researched and started to see some physical goods to be able to be ordered, and my interest was piqued ever since. Not to mention the

usually rising value of btc.

ajun96

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Quote from: gentlemand on January 09, 2016, 09:36:07 PM

Quote from: joinal on January 09, 2016, 07:17:32 PM

but the fact is we still exchange it to fiat money, to be able to spend it

Most of the time but not always. There are lots of places you can pay with Bitcoin. Obviously plenty of those coins are converted into local currencies by the merchants but Bitpay have said that quite a few of their business customers retain varying percentages of what they're paid in coins. There are also a few businesses that pledge to always remain in BTC only.

maybe just some places, I rarely see an electronic site that accepts bitcoin as a payment option,
really we have to convert bitcoin first, to be able to use it in real life

knowhow

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For me bitcoin is real money,even not buying ,atleast till the moment anything with bitcoin,i had exchanged it to fiat and well i feel the power of it.I would spend it if i see what i use cellphones and computers to be paid with bitcoin,i guess openbazar may change my previous wages into technology.

HarryKPeters

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Quote from: a7mos on January 10, 2016, 10:30:02 AM

Yeah, Bitcoin is real money for me, because I can pay for digital goods easily as if I am using a credit card. but the problem is not a lot of sites accept bitcoin now. and that can be solved when more people adopt using bitcoin.

Having bitcoin you can use it for buying stuff online which in fact means it has value, the same as money.
I am aware people could see it as a coupon system, but in fact it's a real currency.

And should be used as a real currency.

a7mos

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Yeah, Bitcoin is real money for me, because I can pay for digital goods easily as if I am using a credit card. but the problem is not a lot of sites accept bitcoin now. and that can be solved when more people adopt using bitcoin.

Asulect

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Currently, no, bitcoin is not real money to me. Everything that you can buy with bitcoin are usually priced in other fiat currency which bitcoin is just an tool for holding the value of that underlining currency for the exchange.

adibe

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Yes, bitcoin is like real money to me. because i can pay my daily things with bitcoin and also can pay my bill. the different is bitcoin don't have physical unit imo.

blackmachinegun

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I think bitcoin already eligible to become legal currency, many people are already using bitcoin
we need regulation of the government for the use of bitcoin

nerFohanzo

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Quote from: relq on January 09, 2016, 08:44:55 PM

Quote from: Scream on January 07, 2016, 02:17:07 AM

can you buy a car with bitcoin ?
can you buy a home with bitcoin ?
can you buy a laptop with bitcoin ?

sometimes i think bitcoin is only asset because i can't use bitcoin like "real money"
bitcoin is only asset

Nah, you can buy all your things like car,home and laptop by bitcoin. the problem is no one who sell that accept bitcoin. so you need to exchange you bitcoin into real money. so you can buy them all. is that ok ?

But even though your purpose is solved I guess?? Even if you cannot buy physical things using bitcoins you can always convert it to real money and buy the things that you want, and that is the reason bitcoin is real money too even at this stage, no matter it will take long time when we can actually buy physical thing using bitcoins without any involvement of a real money.

coinplus

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Quote from: btvGainer on January 09, 2016, 07:19:42 PM

Quote from: icem3lter on January 08, 2016, 02:55:58 PM

Quote from: twister on January 08, 2016, 10:15:18 AM

I perceive it as real money, why would I not? I don't do stuff with it which I wouldn't do with fiat. I gamble with it, I use to and still gamble with fiat, I order stuff online with it, if I see something worth buying i.e. and that's it. I don't invest in Ponzis, I don't lend, I don't trade, which is why I am not bothered with price that much, I buy it, spend it and buy again.

So I use it completely as I would use fiat. I will think about price when and if I have enough to sell.

Well, same here.

Fact is most of the users on this forum have some sort of a business with Bitcoin, to them its just another way to make $. Therefore, they don't see it as real money.

It is your assumption not an established fact.How people see bitcoin doesn't make any difference to its usability.Bitcoin is treated like real money whether you spend it or hold it

If you hold bitcoin it becomes as investment.
To use bitcoin as a real money, you must accept bitcoin's value is current level. If you believe in future of bitcoin like it will price the higher values then there is no meaning in spending bitcoin of itself as real money.

gentlemand

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Quote from: joinal on January 09, 2016, 07:17:32 PM

but the fact is we still exchange it to fiat money, to be able to spend it

Most of the time but not always. There are lots of places you can pay with Bitcoin. Obviously plenty of those coins are converted into local currencies by the merchants but Bitpay have said that quite a few of their business customers retain varying percentages of what they're paid in coins. There are also a few businesses that pledge to always remain in BTC only.

relq

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Quote from: Scream on January 07, 2016, 02:17:07 AM

can you buy a car with bitcoin ?
can you buy a home with bitcoin ?
can you buy a laptop with bitcoin ?

sometimes i think bitcoin is only asset because i can't use bitcoin like "real money"
bitcoin is only asset

Nah, you can buy all your things like car,home and laptop by bitcoin. the problem is no one who sell that accept bitcoin. so you need to exchange you bitcoin into real money. so you can buy them all. is that ok ?

rekinthis

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yes it is thats why i use it

btvGainer

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Quote from: icem3lter on January 08, 2016, 02:55:58 PM

Quote from: twister on January 08, 2016, 10:15:18 AM

I perceive it as real money, why would I not? I don't do stuff with it which I wouldn't do with fiat. I gamble with it, I use to and still gamble with fiat, I order stuff online with it, if I see something worth buying i.e. and that's it. I don't invest in Ponzis, I don't lend, I don't trade, which is why I am not bothered with price that much, I buy it, spend it and buy again.

So I use it completely as I would use fiat. I will think about price when and if I have enough to sell.

Well, same here.

Fact is most of the users on this forum have some sort of a business with Bitcoin, to them its just another way to make $. Therefore, they don't see it as real money.

It is your assumption not an established fact.How people see bitcoin doesn't make any difference to its usability.Bitcoin is treated like real money whether you spend it or hold it

joinal

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but the fact is we still exchange it to fiat money, to be able to spend it

ajun96

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Quote from: jakelyson on January 08, 2016, 08:40:38 AM

Quote from: Scream on January 07, 2016, 02:17:07 AM

can you buy a car with bitcoin ?
can you buy a home with bitcoin ?
can you buy a laptop with bitcoin ?

sometimes i think bitcoin is only asset because i can't use bitcoin like "real money"
bitcoin is only asset

Maybe now not yet, but when the world has fully adopted bitcoin it will happen. As more and more merchandizers accept bitcoin, it will be more and more be real money.

if only to buy a laptop bitcoin can be used, many electronic sites that accept bitcoin
but if the car or the house of course it can not, because it can not be purchased with online, we have to go to the showroom

bitcoinmar

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Its real money for me because its change many things around me and I have much better security and financial independence now doing some long term plaining for me with bitcoins give me more pleasure

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