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Author Topic: Why Bitcoin is not a currency?  (Read 540 times)

Offline Domithra

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Why Bitcoin is not a currency?
« on: October 08, 2018, 11:42:14 AM »
Who says Bitcoin is not a currency? I used my Bitcoin to buy phone and hover board from a shop online. The transaction went smoothly and successfully as i tracked every progress of it on the Blockchain. What more currency feature do you expect from Bitcoin?
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Why Bitcoin is not a currency?
« on: October 08, 2018, 11:42:14 AM »

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Offline capt ronald

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Re: Why Bitcoin is not a currency?
« Reply #1 on: October 08, 2018, 12:48:44 PM »
Who says Bitcoin is not a currency? I used my Bitcoin to buy phone and hover board from a shop online. The transaction went smoothly and successfully as i tracked every progress of it on the Blockchain. What more currency feature do you expect from Bitcoin?
In my own opinion I think we can still consider bitcoin as a currency but it's in digital form because aside from being use as an investment we can still use bitcoin to pay in some transaction but it is limited only in few countries and mostly it is being use in developed countries like Japan and Switzerland.
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Offline adam27

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Re: Why Bitcoin is not a currency?
« Reply #2 on: October 08, 2018, 02:17:03 PM »
Bitcoin advocates like to claim it is on its way to becoming a widely accepted currency that ordinary people

Offline de_prof

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Re: Why Bitcoin is not a currency?
« Reply #3 on: October 08, 2018, 02:25:32 PM »
Who says Bitcoin is not a currency? I used my Bitcoin to buy phone and hover board from a shop online. The transaction went smoothly and successfully as i tracked every progress of it on the Blockchain. What more currency feature do you expect from Bitcoin?

I think bitcoin is the future currency, It will be dominate at the future and more stable. Maybe at several countries the government bans bitcoin.

Offline Dian

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Re: Why Bitcoin is not a currency?
« Reply #4 on: October 08, 2018, 07:44:04 PM »
Bitcoin can be a currency and can be used to buy goods provided that there is agreement between buyers and sellers about using bitcoin as a currency, but bitcoin cannot be said to be a currency in general because it has not been approved by the government.

Offline gribble

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Re: Why Bitcoin is not a currency?
« Reply #5 on: October 09, 2018, 02:15:26 AM »
Who says Bitcoin is not a currency? I used my Bitcoin to buy phone and hover board from a shop online. The transaction went smoothly and successfully as i tracked every progress of it on the Blockchain. What more currency feature do you expect from Bitcoin?
I think bitcoin is the future currency. so we can think of bitcoin as a currency but only a form in digital. Besides that, bitcoin can be used as an investment or bitcoin can be used to pay in a number of transactions that are only used in a few countries. like Japan. because some governments still ban bitcoin

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Offline Taufiq-yy1

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Re: Why Bitcoin is not a currency?
« Reply #6 on: October 09, 2018, 03:34:59 AM »
Bitcoin advocates like to claim it is on its way to becoming a widely accepted currency that ordinary people

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Re: Why Bitcoin is not a currency?
« Reply #6 on: October 09, 2018, 03:34:59 AM »


Offline Stavr1992

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Re: Why Bitcoin is not a currency?
« Reply #7 on: October 09, 2018, 06:32:43 AM »
Bitcoin is now considered not a currency, but an investment vehicle through which you can make quick money. However, in the past six months, Bitcoin did not please us, which means that soon there should be a change for the better.
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