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Author Topic: Is BTC really a currency?  (Read 1799 times)

legendary1979

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Re: Is BTC really a currency?
« Reply #15 on: July 10, 2018, 02:01:17 pm »
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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Re: Is BTC really a currency?
« Reply #15 on: July 10, 2018, 02:01:17 pm »


ambar33n

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Re: Is BTC really a currency?
« Reply #16 on: July 10, 2018, 02:09:47 pm »
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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Re: Is BTC really a currency?
« Reply #16 on: July 10, 2018, 02:09:47 pm »

dekafee79

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Re: Is BTC really a currency?
« Reply #17 on: July 10, 2018, 03:20:14 pm »
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.

Cangkirkopi

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Re: Is BTC really a currency?
« Reply #18 on: July 10, 2018, 03:41:29 pm »
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

Quantum X

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Re: Is BTC really a currency?
« Reply #19 on: July 10, 2018, 03:47:49 pm »
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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Re: Is BTC really a currency?
« Reply #20 on: July 10, 2018, 04:03:14 pm »
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.

Vidaia

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Re: Is BTC really a currency?
« Reply #21 on: July 10, 2018, 04:35:01 pm »
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

ambar33n

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Re: Is BTC really a currency?
« Reply #22 on: July 10, 2018, 04:50:24 pm »
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?

Domithra

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Re: Is BTC really a currency?
« Reply #23 on: July 11, 2018, 02:28:47 am »
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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Re: Is BTC really a currency?
« Reply #24 on: July 11, 2018, 07:47:37 am »
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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Re: Is BTC really a currency?
« Reply #25 on: July 11, 2018, 11:50:49 am »
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.

Jaguar

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Re: Is BTC really a currency?
« Reply #26 on: July 11, 2018, 03:36:31 pm »
Yes but not use legal all over the world. There are some counties that prohibits bitcoin.
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Re: Is BTC really a currency?
« Reply #27 on: July 11, 2018, 05:08:06 pm »
maybe it will be legalized in those countries too with the passage of time,

Wong keras

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Re: Is BTC really a currency?
« Reply #28 on: July 11, 2018, 05:45:55 pm »
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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Re: Is BTC really a currency?
« Reply #29 on: July 12, 2018, 12:25:46 am »
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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