Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: ambar33n on July 09, 2018, 01:46:46 PM
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
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It is designed to be a currency though it hasn't been globally accepted. It is still very young and we hope to see it globally used as a currency. However, some believe it is worth more an asset than a currency.
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It is designed to be a currency though it hasn't been globally accepted. It is still very young and we hope to see it globally used as a currency. However, some believe it is worth more an asset than a currency.
And many things can already be bought from cryptocurrency. it may be a currency and may be used a an asset too idk
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
In my opinion BTC is crypto currency, It is nor real money. Bitcoun is digital money and payment system.
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
In my opinion BTC is crypto currency, It is nor real money. Bitcoun is digital money and payment system.
Yes bro it is digital money, but do you think it can take place of fiat money at any point?
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
Yes, Bitcoin is digital currency, But is not real money. It is.the future technology. It will be needed in the future
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I don't know if it's a currency if people uses it, I believe it is an asset. A great asset may I add. That's the best thing about digital currency, you don't need a bank to control your money, there's drawback of course but come on, the generation now is progressing, there's a huge possibility that crypto like btc and any other altcoin will be the future currency.
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IT IS being used as currency.
and its new now, drawbacks would be fixed in future hopefully.
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
According to the current general ideas about currency, bitcoin to it can not apply, since it does not have for this many signs that the currency should possess. Another centralized national currency can be recognized as currency, however bitcoin and other decentralized crypto currency are unlikely. Most likely, the most appropriate definition for it, which will stop states when legalizing, is a digital asset.
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It can't really be used as a currency because the price is too volatile. I can't see retailers tolerating that for very long, since they're pretty much going to have to adjust their prices constantly.
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if I think bitcoin has become a currency gan. especially in countries that already join and Receive bitcon. such as Japan Korea and Germany. but if in Indonesia still not considered as paper currency .
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Bitcoin is the hot new trend on many news feeds these days. After a stunning rise in its value this year, the cryptocurrency has garnered attention from nearly every sector. New crypto hedge funds are popping up, with powerhouse firms like Andreessen Horowitz, Founders Fund, Sequoia Capital giving backing.
Substantial names in financial advising and research are also backing Bitcoin.
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
According to the current general ideas about currency, bitcoin to it can not apply, since it does not have for this many signs that the currency should possess. Another centralized national currency can be recognized as currency, however bitcoin and other decentralized crypto currency are unlikely. Most likely, the most appropriate definition for it, which will stop states when legalizing, is a digital asset.
BUT you know some have made it their currency? NOT BTC, but a cryptocurrency, like Marshall Islands.
maybe there is something more from this to offer than we know yet.. what say!?
It can't really be used as a currency because the price is too volatile. I can't see retailers tolerating that for very long, since they're pretty much going to have to adjust their prices constantly.
Real Estate can already be bought throught BTC, and who knows soon enough shopping bills could be paid through this..
if I think bitcoin has become a currency gan. especially in countries that already join and Receive bitcon. such as Japan Korea and Germany. but if in Indonesia still not considered as paper currency .
omg tell me more about Japan and Korea, can anything be bought from this, and transactions would be way easier and everyone must know about already, like I said earlier in another thread that it is very important for our youth to know about it and learn more at that age.
Bitcoin is the hot new trend on many news feeds these days. After a stunning rise in its value this year, the cryptocurrency has garnered attention from nearly every sector. New crypto hedge funds are popping up, with powerhouse firms like Andreessen Horowitz, Founders Fund, Sequoia Capital giving backing.
Substantial names in financial advising and research are also backing Bitcoin.
Yes I'm still not really sure if it will be good news if it gets to be used as currency or a bad news. meh!!
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It was designed as a digital currency for P2P payment system without the use of middleman or the banks and it's decentralize with no central authority. Due to being a decentralize people are holding their bitcoin in hopes that the price of bitcoin will skyrocket in the future due to limited supply. Although bitcoin has not reach it's adoption of being a currency but you can find some establishment that will accept bitcoin as payment.
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yes I have also bought a flat with BTC, but it is still not being used as proper currency, only a few companies offer this.
and maybe in future others may also allow,
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
Yes , I think It is currency, Bitcoin is digital currency. It will be needed in the future. Lets see.
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
Yes , I think It is currency, Bitcoin is digital currency. It will be needed in the future. Lets see.
with fiat money or just a separate entity?
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
Of course, Bitcoin is digital currency. But It is not real money. It is didgital assets and the future technology.
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Is BTC really a currency? btc is not a currency that can be used for buying and selling goods commonly used for public, btc is a digital currency that has value such as gold or silver
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We can consider bitcoin as currency even this is not consider until now as legal globally but atleast we can see that some countries are switching their support to bitcoin and declared it as legal. Also some businesses are already accepting bitcoin as well as a payment.
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
Yes It is true Bitcoin ia digital currency, It is not real money backed government But It is more potential than fiat money.
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it can be said to be a currency but in digital form thus digital currency, even though it has not been accepted by many countries and it still young
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yes it is a currency but like gold and silver but fiat money was also introduced like this back then, with reserve of gold and silver, maybe it will also be like that in future?
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Bitcoin is a digital currency with features of its own quite different from features of the local fiat yet both the fiat and Bitcoin serve the purpose of medium of payment of goods and services. Bitcoin serves the purpose of payment online using the internet and there are quite a good number of shops that accept Bitcoin as form of payment, hence Bitcoin is really a currency.
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Is BTC really the currency? that's right, because BTC the price is very high, so reasonable if BTC currency so make transactions.
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Yes of course bitcoin was truly a real crypto currency it's because of a huge value that we can't compare to all crypto coins.
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Yes but not use legal all over the world. There are some counties that prohibits bitcoin.
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maybe it will be legalized in those countries too with the passage of time,
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BTC is indeed the world's currency, because BTC prices are stable, if the price will go back up and prices will be stable, from the first I prefer BTC for profit.
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If it is used as a means of payment, it will be no different from a normal fiat curency. So it wouldn't be wrong to think of it as a currency, of course we can use it just like a gold for investment purposes. But some people can also use the dollar for investment purposes.
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Kalau di kata kan mata uang, iya memang mata uang tapi tidak berwujud seperti halnya rupiah , BTC itu seperti halnya kemajuan tegnologi saat ini, yang segalanya serba canggih, orang berinovasi membuat mata uang digital, yang tak berwujud, tetapi bisa di gunakan untuk berinvestasi, dan yang pasti akan banyak yang menggunakan nya di masa depan nanti.
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yes I think so because BTC is already in use for corporate transactions and for daily needs.
and the future must be bitcoin into the currency of a country .
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If for bitcoin will be used be a currency is still difficult because with many countries that prohibit a major obstacle for bitcoin to experience the development and it takes a relatively long time.
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
Bitcoin is currency but It is not fiat money. It is digital currency and payment system. I think bitcoin will not be fiat money in the future.
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
Of course it is.I greatly recognize the bitcoin as a real currency,or should I say a crypto or digital currency.Bitcoin is a much convenient way for ising as a payment method even thought there are still so many people don't want to use not yet recognized its good advantages over fiat currencies.
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Bitcoin is a digital currency and not fiat currency. It is highly decentralized and not under any government control but only affected by the market sentiments. Bitcoin is not in the good books of some governments and are looking for a way to regulate and sometime even discredit bitcoin.
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The concept of bitcoin is itself non-traditional. So comparing the characteristic of bitcoin with traditional currencies, will not fetch any meaningful conclusion. The way every business needs to be upgraded after a certain time period, the current economic system also needs an overhaul. For enough long time, the current economic system is expanding its roots to our society but very recently we have started seeing that the roots have started perishing, so it go through an overhaul in recent future. Then probably the definition of the currency will be re-written and then crypto/bitcoin as a currency will start making sense.
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Yes of course, bitcoin is really a currency not just a single currency, but a global currency, bitcoin already established itself as a currency for failed economies, and also bitcoin is a payment network no government oh Central bank is involved.
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although the shape is still digital but many people who think bitcon like the eyes' paper money. kare we can enjoy in real world gan
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Bitcoin is the world's first cryptocurrency, a form of electronic cash. It is the first decentralized digital currency: the system was designed to work without a central bank or single administrator.
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although bitcoin is still not recognized by some countries as a legitimate digital currency like paper money. but bitcoin is also able to give what we want. just like paper currency.
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
Yes, I think It is digital currency, It is the future currency with blick chain based.
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Compared with regular money, backed by governments and issued as legal tender when needed, bitcoin is not under any central authority and its supply has a fixed, mathematical ceiling.
Bitcoin also we can identify a legal currency even its only an integral number or figures,but in the eyes of crypto exchanges its a legit form if currency,otherwise if you look up in the currency conversion bitcoin is have its own definition,therefore btc is a legal process of currency in the terms of cashless society.
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It is, it is a digital currency where we can use it on the digital payment. Some companies, shops, and also e-commerce have received the Bitcoin as one of their currency payment.
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if I think bitcoin has become a digital currency. although bitcoins are still not received in some countries but instead they do not accept bitcoin as currency. but they are still reviewing the bitcoin in terms of its benefits to the country and its people .
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It was created to be a currency but without been centralised like the fiat and that is the main feature of Btc and why many of us think it is a revolution. For now, it is struggling to live as a currency because of many factors which include its volatility. Nevertheless it is still used as a medium of exchange most especially for online shopping.
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It is not about being legal in order to mmfor bitcoin to become a currency, as long as it has a value in fiat money and can be traded and can be use or accepted as payment, we can consider it as currency.
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bitcoin is indeed a legitimate currency and already supported by banks in the country, and the government, because it has been designed specifically so that it can be used for transactions, this currency does not have a special law so new 50% already legitimate 50% wait for the law first.new 100% official
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in some degree this is really so, because for bitcoin today you can buy a lot of different goods