It really depends on who you ask although today, I'm sure 9 out of 10 people out there won't consider it so. Even among finance people, there is a huge disagreement about crypto in general in terms of it being "sound money". That's not a bad thing for a currency less than 10 years old:)
bitcoin sound monet for me because I can use it to buy everything that I wanted , in everyday life i am using cash to buy foods , dress, and other stuff just like bitcoin, we can buy all our needs from it, and we can provide the needs of our family with bitcoin. bitcoin sounds money because it has a value now and many stores worldwide accept it too. 
Topic: Is Bitcoin Sound Money? - page 40. (Read 28562 times)
I do think of BTC as money, mainly because it fulfills the basic requirement of money of being accepted in exchange for goods or services, although it's not accepted everywhere now but that's the case for almost any currency as well, were it's usable in one or few countries only (except USD and EUR) and it's exchangeable for various local currencies.
Indeed it is money, in fact I dont see any difference between Bitcoin and any other currency , making trades with Bitcoin is just as simple as using fiat, and in addition you can convert it anytime to whatever currency online.
I'm not going into all that debate and whatnot, all I know is that I can use bitcoin to buy things,
I can use it to pay for my bills, I can even convert it to cash anytime I want. So, as I see it, it's money.
More than that, like fiat it can buy things and like gold it's value could go up or down. Bitcoin does all these while making it easier for payments ;with the near instantaneous transactions and low fees then, as for the value; it could be both good and bad in terms of investmen/speculation becauee of the volatility.
Technically bitcoin does have value and price so I agree that bitcoin can used to buy things. So in terms of value and price bitcoin is not just sounds money but a money itself. Bitcoin is a crypto-currency and if we going to analyze its meaning it is a currency which can be used through internet or web. It is not just a money but i also do believe that it is a way better money. In fact bitcoin makes transaction easy and reliable where it develops the common mode of transaction. And bitcoins price changes so it is a development for most of the people. I can use it to pay for my bills, I can even convert it to cash anytime I want. So, as I see it, it's money.
More than that, like fiat it can buy things and like gold it's value could go up or down. Bitcoin does all these while making it easier for payments ;with the near instantaneous transactions and low fees then, as for the value; it could be both good and bad in terms of investmen/speculation becauee of the volatility.
Bitcoin sound money?,,, Way back 7 years ago bitcoin is just a cent of $ but in this year the bitcoin price hits the biggest value of price itself we can call it a money or it sound a money for all of the bitcoin holders though some of the people get mad of bitcoin because they don't even buy it in a low value so their mind just accept that bitcoin will decrease and dissoilve,,, bitcoin is sound money it is an internet money. 
Bitcoin is like money, but volatile and digital..
You could compare sailing in sea in a storm and at regular weather. In a storm you go down and up fast and it's harder for others to steal things from you. In clear weather, they could just easily come to you, aswell as you're just sitting still on the ocean...
You could compare sailing in sea in a storm and at regular weather. In a storm you go down and up fast and it's harder for others to steal things from you. In clear weather, they could just easily come to you, aswell as you're just sitting still on the ocean...
I'm not going into all that debate and whatnot, all I know is that I can use bitcoin to buy things,
I can use it to pay for my bills, I can even convert it to cash anytime I want. So, as I see it, it's money.
More than that, like fiat it can buy things and like gold it's value could go up or down. Bitcoin does all these while making it easier for payments ;with the near instantaneous transactions and low fees then, as for the value; it could be both good and bad in terms of investmen/speculation becauee of the volatility.
I can use it to pay for my bills, I can even convert it to cash anytime I want. So, as I see it, it's money.
More than that, like fiat it can buy things and like gold it's value could go up or down. Bitcoin does all these while making it easier for payments ;with the near instantaneous transactions and low fees then, as for the value; it could be both good and bad in terms of investmen/speculation becauee of the volatility.
I was almost going to ask how you achieve all that with low fees until I saw the date this was posted. Sure! Bitcoin is like money as long as we all keep transacting with it in any form. Nevertheless, using bitcoin just for anything now, most especially micro transactions ain't worth it due to the current high fees but as long I still keep using it for higher bills and the value compensates me, then I have no problem.
I'm not going into all that debate and whatnot, all I know is that I can use bitcoin to buy things,
I can use it to pay for my bills, I can even convert it to cash anytime I want. So, as I see it, it's money.
More than that, like fiat it can buy things and like gold it's value could go up or down. Bitcoin does all these while making it easier for payments ;with the near instantaneous transactions and low fees then, as for the value; it could be both good and bad in terms of investmen/speculation becauee of the volatility.
Yes it is. bitcoin is a money because you can used it to buy things that you want, things that you need or even in paying your bills. You just have to convert it into fiat because even bitcoin consider as a money they still didn't accept it as a payment.I can use it to pay for my bills, I can even convert it to cash anytime I want. So, as I see it, it's money.
More than that, like fiat it can buy things and like gold it's value could go up or down. Bitcoin does all these while making it easier for payments ;with the near instantaneous transactions and low fees then, as for the value; it could be both good and bad in terms of investmen/speculation becauee of the volatility.
It really depends on who you ask although today, I'm sure 9 out of 10 people out there won't consider it so. Even among finance people, there is a huge disagreement about crypto in general in terms of it being "sound money". That's not a bad thing for a currency less than 10 years old:)
If you ask people who are never been involved in cryptocurrency then they surely have a different point of view. I guess the answer here depends on peoples perspective. If you ask those who had taken advantage of the opportunities that cryptocurrency then they will agree that crypto is really a sound money else, if your audience as I said is non knowledgeable of crypto then they will have the opposite answer.
While the technical innovation of bitcoin was incredible I think the thing that makes bitcoin so valuable is something very simple, the limited supply, as time passes more bitcoin is available but less bitcoin is mined, that makes bitcoin even more scarce especially when we take into account, that many coins are probably lost forever.
Yeah the main reason that makes the Bitcoin that much valuable is the limited supply of the bitcoin, if it has a bigger supply than the current supply in the market then it will not be traded on such a high price with the fiat but this feature makes it precious. When the stuff is limited and it have some good qualities then we all know that its demand is high with which the prices also remains high.Some people have doubts that bitcoin has really good qualities. The problem of unconfirmed transactions remains unsolved and many will not like it. I think that it really hampers the full use of bitcoin as money
actual problems that occurred in doubt because the transaction confirmation bitcoin failed terselesai and fragmented because it is so completely hindering users a bitcoin as money, so not all have the same problem
for me bitcoin is money, because i can use it to buy things and i can do transaction with it, and if somebody ask "is there are any similarity with gold or other precious metal?", i dont think so, but as an investment bitcoin is a good option, but to compare it with gold, I think its two different things
if you can use it to pay bills etc its money to no debate about it 
I pretty much think that bitcoin is a lot silillar to gold right now, much like gold people used to use it for transaction pay with it treat it like it is a currency but over time with the value increasing it become more of an investment that people rush to buy it and save it and wait for the time when it has a very high value so they can start profiting out of it.
Totally agree with that because the bitcoin now for me is sounds of "investment" because the bitcoin is still growing and as long as many are supporting the bitcoin in terms of buying it, it means that the bitcoin price will still grow so I think that is the reason sounds like investment for others or making money term.
I pretty much think that bitcoin is a lot silillar to gold right now, much like gold people used to use it for transaction pay with it treat it like it is a currency but over time with the value increasing it become more of an investment that people rush to buy it and save it and wait for the time when it has a very high value so they can start profiting out of it.
I would like to think of bitcoin as sound money but with the current issues and high transaction fees I can only see it as an asset similar to any other assets I own.
As it is right now its only useful to earn money and an exchange is always required to do anything useful with it.
As it is right now its only useful to earn money and an exchange is always required to do anything useful with it.
I see bitcoin as my money now. I am earning bitcoin and converting it to our local currency when I am needing a money to spend. If we see a user that is having a large quantity of bitcoin we say that he/she is rich because his/her bitcoin is convertible into local currency and turn into money.
I don't think so. But I know for every people bitcoin is sounds like money. Bitcoin is digital money so it is money. Bitcoin is now using in daily payment in some countries.
all I know that I can use Bitcoin the way I used money except that it has no physical appearance. I'm using it to buy things, for my investments, for money remittance and many more things we used to do with money. I think Bitcoin will be the future money.
5 years from now... i would say yes it is sound money....
For me the bitcoin sound money. I always imagined the money when I always heard the word bitcoin. It always pump up in my mind. I know the reason because bitcoin is a money.
To me, bitcoin is a side of my finance + supplement my company earnings. 
At first I did not knowed it yet, but one of my friends told me about bitcoin, I was very interested to know it more, and finally I'am making used to searching+mining it every day. And yeah, I can earn money from bitcoin sales like with what my friend are talking about. well, bitcoin is now part of my life + adds my company's finance. 
there are so many other ways of earning bitcoin and the best way is trading alt coin, from trading altcoin one can really make good profit. by investing in ICO one can even get more chance to purchase an item n ICO at cheep price but for that you need to have good study about these ICOs. At first I did not knowed it yet, but one of my friends told me about bitcoin, I was very interested to know it more, and finally I'am making used to searching+mining it every day. And yeah, I can earn money from bitcoin sales like with what my friend are talking about. well, bitcoin is now part of my life + adds my company's finance. Jump to: