Is Bitcoin 'real money' to you? - page 37.

BeGoods

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Quote from: goinmerry on January 05, 2016, 02:08:42 AM

Quote from: afriezalie on January 04, 2016, 10:58:02 AM

For me, bitcoin is a virtual money because it doesn't have physical form like fiat. But in other time I can say that bitcoin is real money depend on what situation I'm faced with.
For example, when I buy goods and I pay with bitcoin without convert my bitcoin into fiat. I think bitcoin is real money in that case.

That is what others think that is why they say bitcoin is not real. They think it is just virtual and no physical identity. But when a person have used it for something that he needs that makes his mind that bitcoin is for real,

yes most people are doubting it, they always say, what form of bitcoin?
whether it is shaped like a coin, then I say "bitcoin is digital" and they are not interested because he thought this was just money toys

goinmerry

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Quote from: afriezalie on January 04, 2016, 10:58:02 AM

For me, bitcoin is a virtual money because it doesn't have physical form like fiat. But in other time I can say that bitcoin is real money depend on what situation I'm faced with.
For example, when I buy goods and I pay with bitcoin without convert my bitcoin into fiat. I think bitcoin is real money in that case.

That is what others think that is why they say bitcoin is not real. They think it is just virtual and no physical identity. But when a person have used it for something that he needs that makes his mind that bitcoin is for real,

BeGoods

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Quote from: adicted on January 03, 2016, 10:21:51 AM

Quote from: rickadone on January 03, 2016, 12:58:27 AM

Quote from: kevin go on January 03, 2016, 12:12:47 AM

Yap its real...i can buy a thing with btc and find money in btc..
Thanks for the founder of btc Cool

with my little satoshi, I can not use my bitcoin as real money. So, I save my bitcoin to bigger in value. May be in 25 years bitcoin will become 1 satoshi = 1USD. Then I will use my bitcoin as real money.

1 satoshi = 1 USD seems too good to be true and kinda impossible to happen. I don't think you'll have to wait that happen to consider bitcoin as real money. If your little satoshis grow and you earned good amount of BTC, you will definitely spend it and treat it as a real money Wink

yes true it seems rather impossible to happen and I think you don't have to wait too long to feel the use of bitcoin as real money,
if you have some satoshi, you can use such as real money

afriezalie

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For me, bitcoin is a virtual money because it doesn't have physical form like fiat. But in other time I can say that bitcoin is real money depend on what situation I'm faced with.
For example, when I buy goods and I pay with bitcoin without convert my bitcoin into fiat. I think bitcoin is real money in that case.

blackmachinegun

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Quote from: Ryananda on January 03, 2016, 10:03:26 AM

I gather bitcoin just to earn money because it is very easy. Bitcoin that I can will definitely be my transfer to my bank savings and I do not let linger long in bitcoin wallet. I prefer to do it

Gold also can do as you mentioned, the core of the real money is not like that, I think you're not using bitcoin like real money, by spending it to purchase goods or any

krunox123

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I don't bite.

TBH, I still consider Bitcoin as virtual money since I cannot access my wallet anytime I want to when I am offline or not connected to the internet or do not have access to my PC. IMO, fiat is just a piece of paper to me.

Just my 2 cents.

goinmerry

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Quote from: Coin0fMisery on January 04, 2016, 07:18:58 AM

Yes it is, but i cant spend it anywhere so it is also as an investment for me. But i treat it as money.

You can spend it by exchanging it with fiat. That is the problem for now. Few are accepting bitcoin as payment through their stores. But some big companies now do. Like for our country it can be used for paying electric bills.

Coin0fMisery

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Yes it is, but i cant spend it anywhere so it is also as an investment for me. But i treat it as money.

flagpara

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No it's not, for the very simple reason I'm not paid in btc.

It's just a temporary transformation of money, not a true form of currency for me. Not until i get an income of it at least ^^

jethrorn99

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If it could be used for buying, selling things, then i would say it's real money, even it doesn't have a physical form.

In wikipedia, 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.

sirohige

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of course yess!!!!
for me bitcoin is real money,,
i can buying everything with bitcoin, also i can upgrade some skill at my game Roll Eyes

jerowacik

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Quote from: ajun96 on January 03, 2016, 07:02:45 PM

Quote from: Emersonnets on January 03, 2016, 09:13:59 AM

It's as real to me as real money. It's a currency so yes it's real. As long as you can spend it and earn it as well, and you can do the same stuff with it as fiat then it should be as real to you as that.

yeah right, as long as bitcoin could be used to buy other goods and used as fiat money, it can be called real money, that's what I see in wikipedia lol

yap absolutely right. as long as you can buy the goods of this world, the media referred to as real money payment.

Amph

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Quote from: zabisux on January 03, 2016, 12:08:11 PM

What does it take to count as real money. It became real money over time.

only the usage as i see it, if more people use it acquire value over time, and it can be seen as a real money

but only if the value is givìen by the people and not by a central autorithy like it happen for fiat, it can be seen as a true real money

ajun96

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Quote from: Emersonnets on January 03, 2016, 09:13:59 AM

It's as real to me as real money. It's a currency so yes it's real. As long as you can spend it and earn it as well, and you can do the same stuff with it as fiat then it should be as real to you as that.

yeah right, as long as bitcoin could be used to buy other goods and used as fiat money, it can be called real money, that's what I see in wikipedia lol

biscuit76

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yessir. I can directly purchase physical products with it.

AtheistAKASaneBrain

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Quote from: adicted on January 03, 2016, 10:21:51 AM

Quote from: rickadone on January 03, 2016, 12:58:27 AM

Quote from: kevin go on January 03, 2016, 12:12:47 AM

Yap its real...i can buy a thing with btc and find money in btc..
Thanks for the founder of btc Cool

with my little satoshi, I can not use my bitcoin as real money. So, I save my bitcoin to bigger in value. May be in 25 years bitcoin will become 1 satoshi = 1USD. Then I will use my bitcoin as real money.

1 satoshi = 1 USD seems too good to be true and kinda impossible to happen. I don't think you'll have to wait that happen to consider bitcoin as real money. If your little satoshis grow and you earned good amount of BTC, you will definitely spend it and treat it as a real money Wink

It is real money already and has been since the first transactions. Bitcoin has all the properties of sound money and as soon as people start accepting it then it's considered money, there's no need to wait to call it money.

zabisux

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Presale is live!

What does it take to count as real money. It became real money over time.

adicted

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Quote from: rickadone on January 03, 2016, 12:58:27 AM

Quote from: kevin go on January 03, 2016, 12:12:47 AM

Yap its real...i can buy a thing with btc and find money in btc..
Thanks for the founder of btc Cool

with my little satoshi, I can not use my bitcoin as real money. So, I save my bitcoin to bigger in value. May be in 25 years bitcoin will become 1 satoshi = 1USD. Then I will use my bitcoin as real money.

1 satoshi = 1 USD seems too good to be true and kinda impossible to happen. I don't think you'll have to wait that happen to consider bitcoin as real money. If your little satoshis grow and you earned good amount of BTC, you will definitely spend it and treat it as a real money Wink

Ryananda

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I gather bitcoin just to earn money because it is very easy. Bitcoin that I can will definitely be my transfer to my bank savings and I do not let linger long in bitcoin wallet. I prefer to do it

FerrariF50

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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,[1][2][3] 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.[4][5] Any item or verifiable record that fulfills these functions can be considered money. -Wikipedia. So yeah, it is a verifiable record that is accepted as payment, so bitcoin is money

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