I do think that bitcoin is sound money since even though the value either increases or decreases due to supply and demand(like gold). I do like the fact that bitcoin can be transferred faster than gold(depending on where you and the buyer lives). I don't like the fact that sending bitcoins has a fee but I suppose that there is no way around that. I wonder what will happen when the maximum amount of bitcoin has been mined.
Actually, I guess bitcoin is money because you can use it in different kind of transaction like paying bills, shopping online, and many more.Furthermore,Some bitcoin users use it in their business because bitcoin is very profitable believe bitcoin is money and also I has a value in the online market. Lastly, you can also convert your bitcoin into fiat so I agree that bitcoin is money. 
Topic: Is Bitcoin Sound Money? - page 35. (Read 28561 times)
Bitcoin is money for me, as long as you can used it to pay online and can convert it into a real cash money. This is considered as
a real currency because one of the example of this is, we can use bitcoin to send money through money transfer via remittances outlet.
a real currency because one of the example of this is, we can use bitcoin to send money through money transfer via remittances outlet.
I think a lot of people here are really misunderstanding what "sound money" really means here or how the op used it, or maybe some see it as a typing error that should be "sounding like money". You see folks, What OP probably want to express is, in our opinion, is bitcoin a stable and reliable kind of money that can be used in commerce? I just want to clarify things out.
of course bitcoin is a money. It is used as a form of payment. It is a convenient way to pay your transactions. https://www.bostonfed.org/publications/current-policy-perspectives/2014/bitcoin-as-money.aspx Unlike gold, gold is a metal. cant compare metal from money
i agree bitcoin is real money , because in bitcoin technology , the money you invest will benefit more than just saving money in a bank .
Yes it is. Because bitcoin is money it has also a value. We can buy things from it. It can also be our source of income nowadays. It helps us a lot. Investing on bitcoins and let it have a profit is very good for our future purposes. It is money because i can buy my foods any pay my bills instantly. Bitcoin is money for me , a digital one. 
I think it's still too early to talk about this.
Crypto currency is still too young, but I think it has a great future.
Crypto currency is still too young, but I think it has a great future.
Whether it's young or not as long as we are enjoying and getting a lot of help with our transactions. Bitcoin is a real money and you know what when I'm hearing people talking about bitcoin. The first that comes to my mind is money and investment because that's the fact and it is the characteristic of bitcoin.
Yes bitcoin is money as this can be use to buy stuffs, things, paying bills online. So its a big yes for me that bitcoin is money. Bitcoin has helping me a lot because this gives me less effort by doing things online. Also, gives me income through online.
For me it is alo like a real money as it is possible for me to buy some things for my life and the other point is that we can easily convert bitcoin to any currency on any exchange so that feature show it a pure money.Yes it is a money. Money that you can exchange in other form of money like dollar, peso, and other real currency. It can used from every country that permitted to used it. It is a money that you can earn/buy or even mine just like gold. A money that no one can control. Bitcoin's purpose is same as the purpose of real money that what it is a money.
Bitcoin has proven to be sound as gold/fiat currencies if not more sound. It is faster to move arround, it is backing more than 600 other cryptocurrencies, Its value has increase over the years at an exponential rate and only downside with Bitcoin is that it is deflatory
Well many are treating it already as a digital gold and we can't deny that it is a digital money. So the sound of money in bitcoin is reliable and it's a fact. And as a crpyto currency bitcoin can be use for purchasing different things online that makes it a legitimate money. Another plus factor of it is it's a good investment.
No, bitcoin can not be called money. He has more functions than money. Bitcoin can be used in various fields. And technology blockchain is a very unique technology that will improve the life of every person
Bitcoin has proven to be sound as gold/fiat currencies if not more sound. It is faster to move arround, it is backing more than 600 other cryptocurrencies, Its value has increase over the years at an exponential rate and only downside with Bitcoin is that it is deflatory
Well many are treating it already as a digital gold and we can't deny that it is a digital money. So the sound of money in bitcoin is reliable and it's a fact. And as a crpyto currency bitcoin can be use for purchasing different things online that makes it a legitimate money. Another plus factor of it is it's a good investment.
No, bitcoin can not be called money. He has more functions than money. Bitcoin can be used in various fields. And technology blockchain is a very unique technology that will improve the life of every person
Well, yes bitcoin is sound money. But it has yet to perfect its system. It is still in its infant stage and is currently growing up. The future is bright though.
But when you compare it with gold, I think the throne still belongs to gold. Even before modern civilization began, gold has already its precious value. Until now, its value is still there. It will last forever.
Bitcoin, on the other hand, is a product of our modern times. A great technological invention, of course, but when everything crumbles down to the ground, it means nothing anymore. Whereas, gold remains gold.
But when you compare it with gold, I think the throne still belongs to gold. Even before modern civilization began, gold has already its precious value. Until now, its value is still there. It will last forever.
Bitcoin, on the other hand, is a product of our modern times. A great technological invention, of course, but when everything crumbles down to the ground, it means nothing anymore. Whereas, gold remains gold.
Yes of course, as of what I have read bit coin is a crypto currency of the internet ergo if you own bit coins, the value of it is like as the real money. The value of bit coin change daily like the currency of dollars.
And as of now, I am too curious about bit coin and I want to learn more about it and how it may affect our currency in the future because I know bit coin can be one of used currency in many countries in the near future.
And as of now, I am too curious about bit coin and I want to learn more about it and how it may affect our currency in the future because I know bit coin can be one of used currency in many countries in the near future.
Bitcoin is digital currency not asset as people actively using it for different things to perform just like fiat. Bitcoin is not asset where you invest and keep that in holding like gold. Bitcoin is exchanged with fiat and remittance market is almost occupied by Bitcoin and gambling industry where Bitcoin is used as alternative form of money.
I agree, bitcoin is tantamount to a digital currency and bitcoin is not the same as investment assets, or the gold always goes up but the bitcoin uncertain sometimes up and sometimes down. bitcoin is an alternative we if Save as money, with Save as then it will be more secure bitcoin and easy too easy on Exchange in the market because the market is almost occupied by the bitcoin and gambling industry is used as an alternative to bitcoin to save money.Yes at some point it is alternative but for me it is same as money. Money used online. You could do same thing like buying stuff, having some investment, trading, only if you were online. As time goes by, little by little it became more of like the real money, paper money.
.......Bitcoin is electronic, not tangible........
And peer to peer only. Those reasons are why it has taken so long to be accepted. But now that it has, it's validity will come by the same way, the same reason, that it was balked at before: No federal oversights.
I think it's still too early to talk about this.
Crypto currency is still too young, but I think it has a great future.
If a person is fully involved in bitcoin and they are using it for their needs and are using it as a money then for them it is a money like real fiat but there are some people who are not fully involved in bitcoin and they have their money invested in bitcoin only for future profit so for them it is not like a full money but like the early stage of money or an asset for trade.Crypto currency is still too young, but I think it has a great future.
Yes bitcoin is money as this can be use to buy stuffs, things, paying bills online. So its a big yes for me that bitcoin is money. Bitcoin has helping me a lot because this gives me less effort by doing things online. Also, gives me income through online.
For me it is alo like a real money as it is possible for me to buy some things for my life and the other point is that we can easily convert bitcoin to any currency on any exchange so that feature show it a pure money. I think it's still too early to talk about this.
Crypto currency is still too young, but I think it has a great future.
If a person is fully involved in bitcoin and they are using it for their needs and are using it as a money then for them it is a money like real fiat but there are some people who are not fully involved in bitcoin and they have their money invested in bitcoin only for future profit so for them it is not like a full money but like the early stage of money or an asset for trade. Crypto currency is still too young, but I think it has a great future.
I think it's still too early to talk about this.
Crypto currency is still too young, but I think it has a great future.
Crypto currency is still too young, but I think it has a great future.
No, it may still be early for bitcoin but we are on the actual usage of bitcoin as money. It may be young for others but for those who are even just 1 year using bitcoin they can say that bitcoin surely has the future and it does really sounds as money. With the stores and merchants that now accepts payment thru crypto or bitcoin, isn't that money?
Bitcoin dosen't just sounds money it is really money cause you can convert it to any money like peso and dollar in my experience i use bitcoin to buy things even paying my bills online and bitcoin is possible to withdraw, the bank will automatically convert the bitcoin into what kind of money...
anything that could be spent to trade something then it's considered as money. so not only because of bitcoin can be converted to any fiat around the world . besides recognized as money bitcoin have a lot of benefit to change the way world financial work. it's more than just a tool of payment actually. I think it's still too early to talk about this.
Crypto currency is still too young, but I think it has a great future.
Crypto currency is still too young, but I think it has a great future.
No, it may still be early for bitcoin but we are on the actual usage of bitcoin as money. It may be young for others but for those who are even just 1 year using bitcoin they can say that bitcoin surely has the future and it does really sounds as money. With the stores and merchants that now accepts payment thru crypto or bitcoin, isn't that money?
Bitcoin dosen't just sounds money it is really money cause you can convert it to any money like peso and dollar in my experience i use bitcoin to buy things even paying my bills online and bitcoin is possible to withdraw, the bank will automatically convert the bitcoin into what kind of money...
i agree bitcoin is real money , because in bitcoin technology , the money you invest will benefit more than just saving money in a bank . Jump to: