Is Bitcoin 'real money' to you? - page 56.

RealBitcoin

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Quote from: gentlemand on October 24, 2015, 03:47:25 PM

There's a consistent theme that I see popping up on here that I find rather fascinating, and that is the way that many posters perceive BTC.

What do I mean? People doing things with BTC that they'd never, ever dream of doing with their dollars - gambling as an 'investment', or gambling at all, pouring coins into bullshit investment schemes run by totally anonymous showers of shit, lending on here to shambolic morons, asking the question 'where do I get free coins?'

Considering how much of a pain up the arse it can be to obtain coins and keep them safe and their future potential, I find it bizarre that there's such an extreme disconnect. I would've thought it should be at the opposite end of the scale but that's clearly not the case for many.

Why do you think this attitude has developed and where do you stand yourself?

Yes bitcoin is real money, i consciously know this.

However unconsciously its hard to get used to it. I was born in the pre bank era, and always used toilet paper cash. Its so new to me.

chennan

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Quote from: maku on November 02, 2015, 11:41:08 AM

I feel bitcoin is more 'real' than normal fiat money. Which can be tinkered with and produced with quantitative easing endlessly.
Bitcoin is constant and transparent, unlike government money, we have no idea how many new banknotes are printed everyday.

This is why I believe that any PoW coin out there that has limited supply is better than fiat in every way imaginable... people have been lead to believe that there NEEDS to be a third party to control the money supply and print out money when they seem fit, which is the biggest ruse placed on humanity since, well, ever.

Harry Hood

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Quote from: btc_flex on November 02, 2015, 05:17:50 PM

I think soon it will be real money. But could take some all people to understand the feature

It's not real money now? Because I can really buy something with it.

How do you define "real money"?

Harry Hood

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Quote from: gentlemand on October 24, 2015, 03:47:25 PM

There's a consistent theme that I see popping up on here that I find rather fascinating, and that is the way that many posters perceive BTC.

What do I mean? People doing things with BTC that they'd never, ever dream of doing with their dollars - gambling as an 'investment', or gambling at all, pouring coins into bullshit investment schemes run by totally anonymous showers of shit, lending on here to shambolic morons, asking the question 'where do I get free coins?'

Considering how much of a pain up the arse it can be to obtain coins and keep them safe and their future potential, I find it bizarre that there's such an extreme disconnect. I would've thought it should be at the opposite end of the scale but that's clearly not the case for many.

Why do you think this attitude has developed and where do you stand yourself?

How do you know that people gambling with bitcoin wouldn't gamble with their fiat also? The bitcoin gambling sites are much easier to get to than fiat gambling sites. People pouring btc investments in to "bullshit investment schemes" would do the same with their fiat, only there are much future bullshit investment schemes with fiat...because those markets are regulated.

It's SUPER EASY to obtain coins! A freebitco.in faucet is free and requires an email address to join, you "claim free bitcoin" once and you can gamble it on their site. Xapo too! See the link in my profile if you don't believe me.

I think you're projecting a lot of hunches onto a population of people that likely isn't acting any different than they would with any currency.

Meuh6879

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bank can not freeze my bitcoins.
bitcoin is more than money.

it's work people money.

btc_flex

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I think soon it will be real money. But could take some all people to understand the feature

OrientA

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Quote from: maku on November 02, 2015, 11:41:08 AM

I feel bitcoin is more 'real' than normal fiat money. Which can be tinkered with and produced with quantitative easing endlessly.
Bitcoin is constant and transparent, unlike government money, we have no idea how many new banknotes are printed everyday.

The main reason I like bitcoin is that it has limited supply, unlike traditional fiat, which can created from thin air easily.

maku

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I feel bitcoin is more 'real' than normal fiat money. Which can be tinkered with and produced with quantitative easing endlessly.
Bitcoin is constant and transparent, unlike government money, we have no idea how many new banknotes are printed everyday.

Tstar

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I bought a good video card in BTC for my bro's desktop computer for less than 0.2BTC

Of course it is real money!

Pierre 2

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It is pretty much real if you try to use it on physical goods.
Also you can easily exchange and even go buy silver with it. So yes it is real.

smith coins

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Quote from: OrientA on October 29, 2015, 04:09:36 AM

Quote from: smith coins on October 28, 2015, 12:44:31 PM

As long as you can withdraw it to the real cash money.
Then i consider it as a real money, but basically it is virtual.
As long as bitcoin belongs only to someone it is real.

Bitcoin is virtual, it is stored digitally. However, it is also real.

I can use bitcoin to buy goods. I have bought computer components, motherboards. I have used it to pay my phone bill.

So bitcoin is useful. It is real.

Bitcoin is useful that is more than true,
But the word 'real' i consider something that it is real can be touched etc..
By buying many different things from digital to physical goods i consider as 'real'

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Quote from: cjmoles on November 01, 2015, 04:45:28 PM

Well. the whole idea of what is and what is not "real money" is a bit ambiguous. I've been researching micro-economies for sometime and I've encountered economies that have used everything from cigarettes, ramen soups, and artwork to just plain community status. So, from my research, "real money" is anything that can be exchanged for any other thing within the system from which it originates.

Surprisingly, commodities, such as cigarettes, have an intrinsic price stability factor in that they are also consumable and "semi" perishable which negate the inflationary aspect of many other controlled currencies.

Bitcoin is different because it has additional attributes that are only recently being understood and applied...Bitcoin is "real money" plus some.

Even bitcoin is a commodity, we can use bitcoin as money. In old days were exchanging things for things. In coming future people are going to do the same thing. They're going to exchange bitcoin for their daily needs. This way bitcoin going to be the real money for people.

cjmoles

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Well. the whole idea of what is and what is not "real money" is a bit ambiguous. I've been researching micro-economies for sometime and I've encountered economies that have used everything from cigarettes, ramen soups, and artwork to just plain community status. So, from my research, "real money" is anything that can be exchanged for any other thing within the system from which it originates.

Surprisingly, commodities, such as cigarettes, have an intrinsic price stability factor in that they are also consumable and "semi" perishable which negate the inflationary aspect of many other controlled currencies.

Bitcoin is different because it has additional attributes that are only recently being understood and applied...Bitcoin is "real money" plus some.

Amph

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Quote from: Luqman on November 01, 2015, 10:46:16 AM

Nope, because in my region I can't buy anything with bitcoin..

you can buy stuff online, if there are not physical shop there, problem solved, unless there are issues with abroad shipping

if instead you have difficulty to buy bitcoin, would be another story

bajing

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no bitcoin is virtual money and in my region is not many shops accept bitcoin as a payment. but i like trade bitcoin to get some profit

pjsonowal

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I nowadays do so many transactions with bitcoins so its now like a real currency for me. However i use local currency but no that much.

OrientA

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Quote from: Luqman on November 01, 2015, 10:46:16 AM

Nope, because in my region I can't buy anything with bitcoin..

Can you do something to promote bitcoin?

In a few years, there might be a shop near you accepting bitcoin. I hope bitcoin is widely used.

scott btc

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absolutely not, i use for my second money here

if i'm not have enough money to buy something i will use it to be my real money.

andysbizz

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Quote from: gentlemand on October 24, 2015, 03:47:25 PM

There's a consistent theme that I see popping up on here that I find rather fascinating, and that is the way that many posters perceive BTC.

What do I mean? People doing things with BTC that they'd never, ever dream of doing with their dollars - gambling as an 'investment', or gambling at all, pouring coins into bullshit investment schemes run by totally anonymous showers of shit, lending on here to shambolic morons, asking the question 'where do I get free coins?'

Considering how much of a pain up the arse it can be to obtain coins and keep them safe and their future potential, I find it bizarre that there's such an extreme disconnect. I would've thought it should be at the opposite end of the scale but that's clearly not the case for many.

Why do you think this attitude has developed and where do you stand yourself?

for me bitcoin is a long term investment

Luqman

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Nope, because in my region I can't buy anything with bitcoin..

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