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Author Topic: Is Bitcoin money?  (Read 6829 times)

Offline bitpation

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Re: Is Bitcoin money?
« Reply #45 on: August 15, 2018, 08:22:31 AM »
I think bitcoin is money, but in digital form. But bitcoin is also a technology designed by its creators to facilitate transactions throughout the country. Other things are easy, bitcoin transaction fees are also cheap. For these two reasons, many people want to be interested in investing in bitcoin.

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Re: Is Bitcoin money?
« Reply #45 on: August 15, 2018, 08:22:31 AM »

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Offline Noel26

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Re: Is Bitcoin money?
« Reply #46 on: August 15, 2018, 08:53:06 AM »
I think bitcoin is money, but in digital form. But bitcoin is also a technology designed by its creators to facilitate transactions throughout the country. Other things are easy, bitcoin transaction fees are also cheap. For these two reasons, many people want to be interested in investing in bitcoin.
Yes I believe that bitcoin is considerable us money. Because we can change bitcoin into fiat. And it is also a digital crypto currency that has a big value so foe me if we have btc we Also have money.

Offline rapheal

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Re: Is Bitcoin money?
« Reply #47 on: December 11, 2018, 06:26:45 AM »
Money is used as a medium of exchange.Bitcoin can be used to purchase,payservices,bill and a lot of things.So I think that bitcoin can also be considered as money.Bitcoin can be converted to fiat money.A lot of people became rich because of bitcoin and it's convenient to use.
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Offline Tristanerus

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Re: Is Bitcoin money?
« Reply #48 on: December 11, 2018, 09:24:27 AM »
For me, bitcoin is money since this is can able to used to pay some bills and load through our local exchange. It seems like the major factor of all cryptos where as you should buy first bitcoin before some altcoins would like to buy or invest.

Offline Hongy

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Re: Is Bitcoin money?
« Reply #49 on: December 11, 2018, 09:29:53 AM »
Bitcoin is a digital currency and an easy way to use investment and transactions, and Bitcoin has long been downgraded in the world and is also very popular throughout the world.
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Offline Oduvan

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Re: Is Bitcoin money?
« Reply #50 on: December 11, 2018, 10:51:08 AM »
If you look at Bitcoin as a whole, then it seems to me that it looks more like an asset than money, especially now when such a storm is raging on the market and cryptocurrency generally only does what is on wallets!

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Re: Is Bitcoin money?
« Reply #51 on: December 11, 2018, 02:37:53 PM »
What you use to buy something and its accepted is called/classified to be money. Bitcoin is a digital money that is accepted(not generally) by most organizations/sites. It can be converted to real money by exchange it into your native currency. The fact of these all is bitcoin is a digital currency mainly used for the Internet, and internet alone.

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Re: Is Bitcoin money?
« Reply #51 on: December 11, 2018, 02:37:53 PM »


Offline altcoinhunter01

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Re: Is Bitcoin money?
« Reply #52 on: December 11, 2018, 03:36:34 PM »
No bitcoin is not a money. It is a digital currency and used for the transaction. Bitcoin is the king of cryptocurrency market.

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Re: Is Bitcoin money?
« Reply #53 on: December 11, 2018, 06:38:21 PM »
Bitcoin is just a decentralized virtual currency not like the normal paper money that can be used in the purchase of goods and services around the globe.
Bitcoin as a currency can only be used in the Cryptocurrency space for transactions.

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Re: Is Bitcoin money?
« Reply #54 on: December 12, 2018, 04:18:37 AM »
I can conclude that for Bitcoin it is an asset.
Like the word I have land that is ready to sell at high prices and buy low prices.

It is certain that the land may not go down in price, but the higher the value of the land.
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Offline mojerjer

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Re: Is Bitcoin money?
« Reply #55 on: December 12, 2018, 05:42:57 AM »
Bitcoin is a digital crypto currency and not a money but this coin will still be converted to fiat after the trading in crypto market.This coin will still remain the best crypto coin now and has many investors.
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Offline micjoh

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Re: Is Bitcoin money?
« Reply #56 on: December 12, 2018, 07:03:00 AM »
Of course bitcoin is a money because we can use bitcoin for various purpose.like we can use it for business or buying things and we can also cash bitcoin to our desire currency.

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Re: Is Bitcoin money?
« Reply #57 on: December 12, 2018, 11:28:20 AM »
Bitcoin refers to two things: Bitcoin is a payment network similar to Mastercard or Paypal, and bitcoins (the currency) are the medium of exchange on the bitcoin payment network.
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Re: Is Bitcoin money?
« Reply #58 on: December 12, 2018, 03:21:51 PM »
I think Bitcoin can be classify as a comidity or let me say a digital commodity, just like gold, the only thing is that bitcoin is digital.
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