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Author Topic: Is bitcoin money?  (Read 22163 times)

Offline vaniosetiawan

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Is bitcoin money?
« on: September 26, 2018, 06:55:04 PM »
Though bitcoin has no formation like dollar, euro, pound , we can say it money .Actually we can use bitcoins as other currencies , but in general we don’t want to do that .May be its extreme volatility is responsible for that .For this voladility , people won’t want to take their salaries in the form of bitcoins .But the function of bitcoins is as same as money .

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Is bitcoin money?
« on: September 26, 2018, 06:55:04 PM »

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Offline bruda

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Re: Is bitcoin money?
« Reply #1 on: September 26, 2018, 06:57:12 PM »
Yeahh it is money but not the usual money you might be used to. bitcoin is a digital currency but currently can be exchange for fiat currency.

Offline gussupri

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Re: Is bitcoin money?
« Reply #2 on: September 27, 2018, 06:06:10 AM »
it can also be said that bitcoin is a tool for investment that we can take at any time when we feel it is profitable

Offline Stavr1992

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Re: Is bitcoin money?
« Reply #3 on: September 27, 2018, 06:37:42 AM »
Bitcoin in my opinion is a means of payment and money in particular. Now bitcoin as the main crypto currency, which keeps all the altcoyins. This is the asset that every self-respecting investor should have
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Re: Is bitcoin money?
« Reply #4 on: September 27, 2018, 07:45:25 AM »
 yes of course bitcoin is  money ,what ever particular things you earn that's money.example i have a properties informed of housing , its money  yes i can sell it in exchange of  money . so ite same of bitcoin we can sell it  in exchange of flat currency
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Offline Gedang goreng

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Re: Is bitcoin money?
« Reply #5 on: September 27, 2018, 08:45:41 AM »
I think bitcoin is a digital currency, which is currently used as a tool to invest, they invest their assets in the form of bitcoin ..
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Re: Is bitcoin money?
« Reply #6 on: September 27, 2018, 11:10:19 AM »
Bitcoin is a digital currency because it has the same function as money. Bitoin can be used as payment for goods or to hire employees in a company. That's why bitcoin is often referred to as electronic money.
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Re: Is bitcoin money?
« Reply #6 on: September 27, 2018, 11:10:19 AM »


Offline Oduvan

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Re: Is bitcoin money?
« Reply #7 on: September 27, 2018, 11:19:19 AM »
Bitcoin is not money but most likely an asset.  After all, when the price of low people does not particularly want to spend it, so at such a time it will not be desirable for you to pay for goods or services, it will be convenient for you to pay when the price is higher, but this may not be timely, which is why you can not consider bitcoin as  money, rather it is like an asset, with the function of money more similar to Stablecoins.

Offline jonathancool220

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Re: Is bitcoin money?
« Reply #8 on: September 27, 2018, 03:41:53 PM »
Bitcoin is a digital currency because it has the same function as money. Bitoin can be used as payment for goods or to hire employees in a company. That's why bitcoin is often referred to as electronic money.

I agree with you and Bitcoin is also used by me to trade at Bittrex and Binance for profit.
Bitcoin is Asset dan Bitcoin is Money .

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Re: Is bitcoin money?
« Reply #9 on: September 27, 2018, 03:51:02 PM »
Though bitcoin has no formation like dollar, euro, pound , we can say it money .Actually we can use bitcoins as other currencies , but in general we don’t want to do that .May be its extreme volatility is responsible for that .For this voladility , people won’t want to take their salaries in the form of bitcoins .But the function of bitcoins is as same as money .

I think Bitcoin is digital money. It is the future currency. It will be more popular at the future.

Offline Coin63@

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Re: Is bitcoin money?
« Reply #10 on: September 27, 2018, 04:15:23 PM »
Yes  bitcoin is really very valuable in my life. Because besides my studies I support my family with bitcoin earning money.

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Re: Is bitcoin money?
« Reply #11 on: September 27, 2018, 04:57:07 PM »
Bitcoin is a payment other than money in making transactions. Many companies accept and use bitcoin as payment other than fiat money. You can see in countries that have legalized bitcoin already have bitcoin atm machine. Residents do not have to carry cash wherever they want to shop.

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Re: Is bitcoin money?
« Reply #12 on: September 28, 2018, 05:58:09 AM »
bitcoin is certainly money, despite its price, it can be considered a single currency,which is also international
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Re: Is bitcoin money?
« Reply #13 on: September 28, 2018, 06:04:19 AM »
Bitcoin is not a money but it is a form of money that can turn into actual money or your actual money into bitcoin value if you invest in bitcoin. Bitcoin can be alternative to fiat if the place or business accepts bitcoin.
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Offline wanggober

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Re: Is bitcoin money?
« Reply #14 on: September 28, 2018, 08:55:59 AM »
Bitcoin is a digital form of money, and its function is the same as paper money and can be used as a payment instrument that is permitted in some countries, besides that Bitcoin can also be a promising investment asset.

 

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