Topic: Is Bitcoin Worth To Be Currency? - page 6. (Read 15685 times)
Bitcoin is worth being a currency because it has all the quality. A currency is primary used for the exchange of goods and services, which bitcoin already does.
What i think is bitcoins are not worth to be a currency rathar then having huge plus points and financial benefits. Actually bitcoins do not fit the criteria for setting up as currency. It is rather a good decentralised currency having all those benefits and features we all want here. The ubstable markets for decentealised currency makes the coin go much popular amongst the traders.
Benefits like mining, trading, anonymous gambling, etc gives us a lot of benefits as there are a number of ways to make our lives financial stable. If they are made a currency all these features will be then vanished which would not at all liked by the community here.
So let bitcoins stay as they are and they will make us happy. Instead legalising bitcoins can be a major issue and can be beneficial for us.
Exactly, even if bitcoin deserves to be a currency, I still would not support that idea because it would make bitcoin gloomy and lacking in investors when people just use it as a currency, no longer a place to invest. And the most important thing here with this change is that we can no longer make money, dream of becoming millionaires and earn extra income with crypto to be destroyed, I do not think people will be happy when they face the situation, they take a hammer and then throw it at their feet, it is unwise and painful actionBenefits like mining, trading, anonymous gambling, etc gives us a lot of benefits as there are a number of ways to make our lives financial stable. If they are made a currency all these features will be then vanished which would not at all liked by the community here.
So let bitcoins stay as they are and they will make us happy. Instead legalising bitcoins can be a major issue and can be beneficial for us.
I think Yes but not completely a currency like fiat, cause bitcoin as a currency will be complicated cause its volatile and but it can be an international payment transaction online cause sending payment thru bitcoin is fast and less hassle than other payment transaction online.
Bitcoin has whatever that qualifies an entity to be a currency. It can be used just as normal fiat currencies. It is only a decentralized and digital currency.
I don't think it's a problem if you call Bitcoin a currency or some other person who says Bitcoin is a crypto asset, but in my opinion Bitcoin hasn't fulfilled the requirements to be called a currency, I better agree Bitcoin is referred to as crypto assets... 
I already use Bitcoin as a currency and payment method so to my opinion there is no doubt Bitcoin is a currency.
On the other hand some experts think that Bitcoin can't be considered as a currency because it's not issued by central financial institution, so central bank and it isn't under some central control and regulation.
But as Bitcoin and other cryptocurrencies are growing and taking more and more relevant place in everyday use and economy I think such opinion might change in the future.
On the other hand some experts think that Bitcoin can't be considered as a currency because it's not issued by central financial institution, so central bank and it isn't under some central control and regulation.
But as Bitcoin and other cryptocurrencies are growing and taking more and more relevant place in everyday use and economy I think such opinion might change in the future.
In my point of view bitcoin is already a currency , a digital currency.
But unfortunately because of its volatility it cant be legalize or formalized rather as a currency like peso ,dollar,euro ,etc.
Bitcoin is digital currency, and I think it has potential to be a currency but the only problem is what country will accept digital currency since it is not fixed its value. If the value of Bitcoin is become fixed then possible it will be currency but since its fluctuates it hard to be a currency and the government will not allow it. Bitcoin have the highest value in cryptocurrency and its price is always changing which is the currency in other country is fixed. But unfortunately because of its volatility it cant be legalize or formalized rather as a currency like peso ,dollar,euro ,etc.
Yes, Bitcoin is designed as a currency. Now Bitcoin has begun to be applied in various financial systems in the world.
Slowly, I am very optimistic that someday Bitcoin can become one of the major currencies in the world.
Even in the future all financial transactions will be digital and that is a very good start in expanding Bitcoin coverage.
Slowly, I am very optimistic that someday Bitcoin can become one of the major currencies in the world.
Even in the future all financial transactions will be digital and that is a very good start in expanding Bitcoin coverage.
In my point of view bitcoin is already a currency , a digital currency.
But unfortunately because of its volatility it cant be legalize or formalized rather as a currency like peso ,dollar,euro ,etc.
But unfortunately because of its volatility it cant be legalize or formalized rather as a currency like peso ,dollar,euro ,etc.
No i don't think so that bitcoin is worth to be currency because if in anycase it will become currency then no scope for investment will be left. People invests in bitcoin to earn number of profits and make the money double. And this will not be possible if bitcoin will become currency. So according to me bitcoin is not of the worth to become currency.
And aside from that many countries don't want to make it as a currency because it will be a threat and they cannot be able to control it. So for me I think it is not worth be a currency.
No i don't think so that bitcoin is worth to be currency because if in anycase it will become currency then no scope for investment will be left. People invests in bitcoin to earn number of profits and make the money double. And this will not be possible if bitcoin will become currency. So according to me bitcoin is not of the worth to become currency.
What i think is bitcoins are not worth to be a currency rathar then having huge plus points and financial benefits. Actually bitcoins do not fit the criteria for setting up as currency. It is rather a good decentralised currency having all those benefits and features we all want here. The ubstable markets for decentealised currency makes the coin go much popular amongst the traders.
Benefits like mining, trading, anonymous gambling, etc gives us a lot of benefits as there are a number of ways to make our lives financial stable. If they are made a currency all these features will be then vanished which would not at all liked by the community here.
So let bitcoins stay as they are and they will make us happy. Instead legalising bitcoins can be a major issue and can be beneficial for us.
Exactly, even if bitcoin deserves to be a currency, I still would not support that idea because it would make bitcoin gloomy and lacking in investors when people just use it as a currency, no longer a place to invest. And the most important thing here with this change is that we can no longer make money, dream of becoming millionaires and earn extra income with crypto to be destroyed, I do not think people will be happy when they face the situation, they take a hammer and then throw it at their feet, it is unwise and painful action Benefits like mining, trading, anonymous gambling, etc gives us a lot of benefits as there are a number of ways to make our lives financial stable. If they are made a currency all these features will be then vanished which would not at all liked by the community here.
So let bitcoins stay as they are and they will make us happy. Instead legalising bitcoins can be a major issue and can be beneficial for us.
What i think is bitcoins are not worth to be a currency rathar then having huge plus points and financial benefits. Actually bitcoins do not fit the criteria for setting up as currency. It is rather a good decentralised currency having all those benefits and features we all want here. The ubstable markets for decentealised currency makes the coin go much popular amongst the traders.
Benefits like mining, trading, anonymous gambling, etc gives us a lot of benefits as there are a number of ways to make our lives financial stable. If they are made a currency all these features will be then vanished which would not at all liked by the community here.
So let bitcoins stay as they are and they will make us happy. Instead legalising bitcoins can be a major issue and can be beneficial for us.
Benefits like mining, trading, anonymous gambling, etc gives us a lot of benefits as there are a number of ways to make our lives financial stable. If they are made a currency all these features will be then vanished which would not at all liked by the community here.
So let bitcoins stay as they are and they will make us happy. Instead legalising bitcoins can be a major issue and can be beneficial for us.
At the same time, I can only join one project, but I can join 2 types of campaigns. Like signatures and Facebook or Twitter campaigns at the same time and in the same project. I think Twitter and Facebook are not so heavy in their duties, and I also still have free time from my assignment during the signature campaign. So at that time, I used to join another campaign to make more money and profit.
Well when I started, i used to concentrate on one particular Bounty projects, but when I realize that there are so many exciting ICO projects out there that have what it takes to succeed. I decided to participate bit by bit. Now I can run up to 4 projects effectively while carrying out different task in the campaign. I think the stress isn't much if you are used to it and I also think the stress is worth it especially if you're participating in signature, translations and some other campaigns that have High percentage of token allocated to it. You can give it a try.I think bitcoin can be categorized as money because bitcoin has fulfilled some requirements to be money in economics, such as having value on other goods, can be used as store of value, generally accepted, etc.
There's a lot of disadvantages of bitcoins it can be stole, it can be hacked we can lose plus most of countries has restricted to using bitcoins so maybe it can not be called a currency it should remain Internet's money. I think bitcoin can be categorized as money because bitcoin has fulfilled some requirements to be money in economics, such as having value on other goods, can be used as store of value, generally accepted, etc.
Your post is good and i appreciate. Its to much hard to accept bitcoin as a currency. For me it should not be a currency especially global since its volatile and can not be trusted. 
Yeah, bitcoin worth to be currency, we use it as a medium of exchange as a store of value and as for volatility it is really high, but once market will be regulated and total market cap will increase to 5-10 trillion, BTC price will be less volatile and people will call BTC true currency. I believe it will happen, what is more, it seems to me that some countries can buy BTC as a gold reserve and in this case we can easily call BTC as a currency.
I think bitcoin can be categorized as money because bitcoin has fulfilled some requirements to be money in economics, such as having value on other goods, can be used as store of value, generally accepted, etc.
Whatever the function of bitcoin before and whatever people's definition of bitcoin. whatever deficiencies are obtained from that payment method. if you can use bitcoin to shop/spending and people accept payment with bitcoin. I think bitcoin is worhted to become a currency
Sure, it is our treading currency and It will replace fiat currency one day
Yes probably. Especially today that it is famous and more and more people wanted to engaged with this. Its popularity is boosting today therefore we can really see the huge possibility of it being famous worldwide and this will be the stepping stone for it to move forward amd replace fiat.
I believe Bitcoin will be considered as a legal form of digital currency worldwide and may small establishment will accept these. As we look into its concept and platform, we saw its potentiality around but some government authorities still doubt of these and some thinking of huge money laundering happen. And some worries that, crypto won't stay long for us and causes only economic threats to us.
Bitcoin have a potential and can be a global currency and used in many country in the world. Many advance country already accept bitcoin as payment and more country will follow this step. I am believe bitcoin can be currency and it will help tourist much
Bitcoin worth the tag of a currency since it can perform almost every function you would expect of a currency. There should be no counter opinion about it.
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