Topic: Is encrypted digital money real money? (Read 207 times)

Why Crypto currency unreal money? All that you can get from her is real. Also with the help of them you can invest, for example in this project https://goo.gl/RddguE and earn a good capital.

Money is any object of value that is generally accepted as payment. If a big group of people say they are willing to exchange goods in exchange for an item then that item is in fact money. I can’t  buy a coffee in Starbucks with a crypto right now. So now, it isn’t money, but more people have crypto, more it looks like money.

I consider a crypto currencies as a shares of a company, but these shares can be transferred to another person without using any fund market. The prices of shares and crypto currencies are volatile. I think the crypto currency is not a money, it can be measured by the traditional fiat money.

its more then real money. You cannot send real money on sunday to overseas.
this is more then real money and more powerfull then all precious metals.
I really get benefit from crypto money from transactions.
Already some forex companies support crypto deposit and withdraw so its really good for me.

I'm sure that it's soon all the national currencies will be digitized and the whole operation will be conducted only by digital currencies, then the fiat will disappear completely.

that is the similarities on puzzles as the mention of :
does the fibonacci arrays of number begins with zero or one

also with the extent might spares of thought on rest with the point of one with the pascal theory of continuous array of number with the logic of the algorithm.

Digital currency is real and can be anywhere in accordance with the regulations that apply in their respective countries because digital currency there is future transaction system that will be very easy to use.

Can you tell me what the real definition of real money was? Look at fiat currency that was issued by the government, and they are printing it every time.

There was no difference between the encrypted cash and non-encrypted cash. That only depends on the personal opinion.

As long as it can be accepted and traded in some communities and I believe if crypto can be considered as real money. But it looks like a commodity rather than cash.

Not only some peoples lot of peoples around the world believe bitcoin! bitcoin is a digital money access via technological way, it's easy to transfer so modern fast world want and desrve this I think.

When you use your debit/credit cards, thats money being transfered digitally. So I don't know what you will call that. Also its the user base of cryptocurrencies that gives value to the encrypted digital money.

When we say money, the basic knowledge everyone knows about it the printed money since it's only the money we've ever known ever since we are kids, Money is anything generally accepted payment for any goods or service, so when I use gold to buy some house and land it it is consider money since they exchange it with my gold, same with digital money or the coins we know today, since many people now are using it as payment it is considerd as money.

The government and it's people will decide whether we're gonna use this as a form of money or not, don't need to debate and prove if its real cause if a large group of persons, businesses, companies and big personalities made a perspective and agreement that it is money gonna use it as a currency and asset, then the talk is over, it is like PayPal, debit and credit cards which is the money over a machine or a system they recognized it then it is the money over their platforms.

While anyone thinks that's the real money(meaning that you can exchange digital money into food, car, house, bed, etc.) - it's real money.
But if none of us can give you something for your coins - that's not real money, just data.

Why not, cryptocurrency not first digital money, they just combine digital part with cryptography. So it more than real if you can good for them.

we as a user of cryptocurrency, we can treat that as a real money. actually we can use digital money to pay our bills like telephone bills, Internet bills, electric bills, water bills, and other bill that we need to pay monthly..

Yes, in fact, this is real money. With each month, the market capitalization of the cryptocurrency is growing, which means that it is growing  part of all money that is in digital form.

For me it is a digital money because these are used in online payments in every country not only in a single country. These digital money helps the transactions easy and fast.

Anonymous or Cryptograhic digital currency on line can only become real money in the economy where it has both the support of Government and it's citizenry. Meaning it has a kind of regulation somehow which still gives the economy an assurance or confidence in Bitcoin. Aside this, encrypted digital currency to so many countries is not yet real money at all, may be probably until the nearest future where it gained total acceptability.

You don't really phrase your question correctly.

Because anything can be real money... If a group of people somewhere decided that $1 teddybears can be used for exchanged goods and services, then you'll see people handing each other teddybears for candy and haircuts (lol).

The gist is, anything can be suddenly considered cash. Like how PayPal's credits can suddenly have currency value. Or if you created an online virtual game with currency that can be bought/sold for fiat... that onlin currency suddenly becomes money.

So in the same token, crypto became money as soon as people started treating it seroiusly as money.

Yes if is supported by the government or if the government itself produces that kind of money which is being encrypted with digital coding in the use of modern technology as part of that real money. You can not say that a money which is being encrypted digitally with computers are considered as digital currency in fact it has a big difference between digitally encrypted money vs. digital currency. The real money has physical aspects that includes the kind of paper they are using to print these money. The digital effects which is inclusion of the priniting of the money is there also. While digital currency has  no form but only encrypted datas that cannot be touch with our bare hands and we can only see it to the computers which that is why it is called digital currency. However this digital currency are being back up with real money which means you cannot create digital currency without those real money as the basis of the value to create this digital currency. However, if the digital currency is truly indeed a revolutionary kind of currency. And it is a matter of time that the whole world will unite about using cryptocurrency so that we can go anywhere around the world without doing some money exchange and will be done directly using the digital currency as unified money currency in the whole world.